economy

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

Capital One, Discover Tighten Credit Limits As Debt Peaks

Capital One, Discover Tighten Credit Limits As Debt Peaks
Capital One, Discover Tighten Credit Limits As Debt Peaks
October 29, 2018  |  Debt

Capital One Financial and Discover Financial Services, two of the largest credit card issuers in the country, are tightening lending standards, which is reportedly an...

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P&G, Unilever Raise Prices Due To Inflation
P&G, Unilever Raise Prices Due To Inflation
October 28, 2018  |  Economy

Some of the world’s largest consumer goods makers are gearing up to increase prices in an effort to contend with increasing costs of raw materials....

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Moody’s Sees Improving Charge-Off Climate
Moody’s Sees Improving Charge-Off Climate
October 25, 2018  |  Loans

Moody’s said in its latest reading of the “pulse of the consumer” that in viewing the charge-off rate, growth had slowed among the largest U.S....

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Consumer Spending To Top $1,000 Over Holidays
Consumer Spending To Top $1,000 Over Holidays
October 25, 2018  |  Retail

In the upcoming holiday season, a National Retail Federation (NRF) survey found that consumers are expected to spend an average of $1,007.24. The figure marks...

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China’s Economy Has Slowest Pace Of Growth Since Early 2009
China’s Economy Has Slowest Pace Of Growth Since Early 2009
October 19, 2018  |  Cross-border Payments

Faced with growth that is slowing, increasing debt and a trade war with the U.S., the economy in China is starting to feel the impact....

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Will Risky Supplier Financing Light The $1.3T Debt Bomb’s Fuse?
Will Risky Supplier Financing Light The $1.3T Debt Bomb’s Fuse?
October 12, 2018  |  Debt

Stock markets around the globe seem to be in freefall. Interest rates are marching higher. Sears, at least at the time this article, is prepping for...

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Report: 64 Percent Of Countries Have Money Laundering Risk
Report: 64 Percent Of Countries Have Money Laundering Risk
October 12, 2018  |  Cross-border Payments

Amid the headlines detailing the billions of dollars in money laundering done through conduits like Danske Bank and Deutsche Bank, among others, a report shows...

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Thoma Bravo Acquires Cybersecurity Co Imperva
Thoma Bravo Acquires Cybersecurity Co Imperva
October 11, 2018  |  Partnerships

Cybersecurity company Imperva announced that it has agreed to be acquired by private equity technology investment firm Thoma Bravo. After the close of the deal, Imperva...

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