economy

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

World Bank Downgrades India’s GDP Forecast

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...

READ MORE >
Consumer Tech Spending To Grow More Than 5 Pct This Year
Consumer Tech Spending To Grow More Than 5 Pct This Year
October 11, 2019  |  Retail

Spending on technology is expected to keep rising, and is projected to reach $1.69 trillion this year, which is 5.3 percent higher than last year....

READ MORE >
Michigan University’s Consumer Survey Shows Continued Economic Rebound 
Michigan University’s Consumer Survey Shows Continued Economic Rebound 
October 11, 2019  |  Economy

The preliminary results of an Oct. 1-10 survey of American consumers by the University of Michigan show an unexpected upturn, with respondents anticipating larger income...

READ MORE >
Credit Card Interest Rates Rise To Near-Record Levels
Credit Card Interest Rates Rise To Near-Record Levels
October 09, 2019  |  Economy

The average interest rates on credit cards are nearing record levels, in spite of a 50-basis-point decline on a 10-year note yield. Get the Full...

READ MORE >
SMBs Enter 2019’s Final Quarter With Plate Full Of Concerns
SMBs Enter 2019’s Final Quarter With Plate Full Of Concerns
October 08, 2019  |  B2B Payments

The year’s final quarter is upon us, marking an opportunity to look back at Q3 and obtain a reading of small businesses’ most pressing —...

READ MORE >
As Unemployment Hits Fresh Low, Signs That US Economy Is Cooling
As Unemployment Hits Fresh Low, Signs That US Economy Is Cooling
October 04, 2019  |  Economy

The headline numbers trumpet that the unemployment rate is at a 50-year low. But the latest data points show a more mixed picture — not...

READ MORE >
Data Points To US Consumer Spending Slowdown
Data Points To US Consumer Spending Slowdown
October 03, 2019  |  Economy

Consider the stock market free fall a bit of a lagging indicator — one that seems to be playing catch-up to the U.S. economy’s slowing...

READ MORE >
Reserve Bank Of Zimbabwe Clamps Down On Mobile Money Services 
Reserve Bank Of Zimbabwe Clamps Down On Mobile Money Services 
September 30, 2019  |  Cross-border Payments

Zimbabwe, in an attempt to control the spiraling inflation problem with its currency, is restricting mobile money and tightening controls for foreign exchange outfits. It is...

READ MORE >