economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Despite China’s Slowing Economy, Credit Demand Still Strong

Despite China’s Slowing Economy, Credit Demand Still Strong
Despite China’s Slowing Economy, Credit Demand Still Strong
October 18, 2019  |  Cross-border Payments

Chinese online finance giant Ant Financial, headed by billionaire Jack Ma, is seeing an uptick in the desire for credit among small and medium businesses...

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China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
October 18, 2019  |  Cross-border Payments

Economic growth in China is at a near-30-year low in the third quarter as tariffs start to negatively affect factory production, Reuters reported on Thursday...

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David Marcus Threatens That China Will Win If Libra Fails
David Marcus Threatens That China Will Win If Libra Fails
October 17, 2019  |  Cryptocurrency

David Marcus, the executive in charge of Facebook’s proposed cryptocurrency, Libra, said if Libra fails, the U.S. could fall behind China in the race for...

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Retail Sales Slump Raises Questions About Consumer Spending
Retail Sales Slump Raises Questions About Consumer Spending
October 16, 2019  |  Economy

One of the laws of physics, loosely phrased, is that an object in motion stays in motion, on its path, until outside forces act to...

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What’s Behind The Drop In US Retail Sales?
What’s Behind The Drop In US Retail Sales?
October 16, 2019  |  Retail

Retail sales in the U.S. decreased 0.3 percent September 2019, the first such decline in seven months, according to figures released Wednesday (Oct. 16) by...

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IMF: World Economy Will Grow Only 3 Pct In 2019
IMF: World Economy Will Grow Only 3 Pct In 2019
October 15, 2019  |  Economy

As the self-inflicted wounds of the trade war between the U.S. and China have made for a “precarious” economic state, the International Monetary Fund (IMF)...

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Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
October 14, 2019  |  Cross-border Payments

In retail and in eCommerce, to make inroads into a new market is challenging … especially if consumers root for the home team. Get the...

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World Bank Downgrades India’s GDP Forecast
World Bank Downgrades India’s GDP Forecast
October 13, 2019  |  Economy

The World Bank has downgraded India’s GDP forecast due to a decrease in domestic demand. Get the Full Story Complete the form to unlock this...

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