economy

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

Economic Strength In China Paralyzed As Trade War Forges Ahead

Economic Strength In China Paralyzed As Trade War Forges Ahead
Economic Strength In China Paralyzed As Trade War Forges Ahead
August 14, 2019  |  Cross-border Payments

High unemployment combined with weak production and consumption point to an ever-slowing economy in China as the trade war with the U.S. continues, The Wall...

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Why The Tariff Delays Do Not Equal Christmas In August
Why The Tariff Delays Do Not Equal Christmas In August
August 13, 2019  |  Economy

On second thought, hold the tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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China Bank Loans Decline In July Amid Trade Tensions
China Bank Loans Decline In July Amid Trade Tensions
August 12, 2019  |  Cross-border Payments

Decreasing demands for loans has caused a July lending slowdown for Chinese financial institutions, The Wall Street Journal reported on Monday (Aug. 12). Get the...

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Average US Credit Card Rates Top 27 Pct. In May
Average US Credit Card Rates Top 27 Pct. In May
August 06, 2019  |  Economy

It costs more than ever to pay with a credit card in the U.S., with many consumers paying 17 percent, the highest rate in the...

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Nonfarm Payrolls Rose 164K In July
Nonfarm Payrolls Rose 164K In July
August 02, 2019  |  Economy

In a new indication that the economy has stabilized as the Fed moved to reduce interest rates, hiring in the United States slowed in July...

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Kroger Building New Automated Warehouse Facility
Kroger Building New Automated Warehouse Facility
July 28, 2019  |  Merchant Innovation

Supermarket giant Kroger and online grocery retailer Ocado are joining forces to build the second of 20 planned automated warehouse facilities. Get the Full Story...

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Consumer Spending Bolsters Big Bank Earnings
Consumer Spending Bolsters Big Bank Earnings
July 21, 2019  |  Earnings

Trade wars?  Check. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Commercial Paper Surge Signals Corporates’ Economic Doubt
Commercial Paper Surge Signals Corporates’ Economic Doubt
July 19, 2019  |  Economy

Corporate treasurers and chief financial officers are on the defensive, issuing short-term commercial paper at their fastest pace since 2011, according to reports in Bloomberg...

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