PYMNTS-MonitorEdge-May-2024

Slowdown

Apple’s Services Growth Dips to 5% as Ads and Games Slow
Apple’s Services Growth Dips to 5% as Ads and Games Slow
October 27, 2022  |  Apple

For Apple, the ecosystem is taking shape, but the services business shows a slowdown. FX rates are a headwind, to be sure, and so is...

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Google Will Reduce New Hires Until 2021
Google Will Reduce New Hires Until 2021
April 16, 2020  |  Google

Google’s parent Alphabet plans to slow its pace of hiring due to the economic slowdown triggered by the coronavirus pandemic. In a memo to staff...

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China Posts Worst Slowdown In Nearly Three Decades
China Posts Worst Slowdown In Nearly Three Decades
January 17, 2020  |  International

China’s economy grew by 6.1 percent in 2019, the lowest growth rate in the country since 1990, according to reports on Friday (Jan. 17). Between...

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Despite China’s Slowing Economy, Credit Demand Still Strong
Despite China’s Slowing Economy, Credit Demand Still Strong
October 18, 2019  |  International

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  |  International

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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Uber’s Growth Slows Sharply
Uber’s Growth Slows Sharply
May 31, 2019  |  Earnings

All eyes were on Uber's first quarterly report as a publicly traded company. Management pointed to some improvements in the competitive pricing dynamics in ridesharing...

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Banks Tightened Real Estate, Credit Card Borrowing Standards In Q1
Banks Tightened Real Estate, Credit Card Borrowing Standards In Q1
May 07, 2019  |  Loans

Standards on commercial real estate loans and credit card borrowing were tightened by U.S. banks during the first three months of the year, with banks...

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Alphabet’s Q1 Spells S-l-o-w-d-o-w-n As Paid Clicks, Hardware Disappoint
Alphabet’s Q1 Spells S-l-o-w-d-o-w-n As Paid Clicks, Hardware Disappoint
April 30, 2019  |  Earnings

The stock price was down about six percent after hours. The revenues missed expectations. And for Google parent Alphabet, both puts and takes showed that...

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Manufacturing Slowdown Could Reveal Deeper Issues Among SMBs
Manufacturing Slowdown Could Reveal Deeper Issues Among SMBs
April 01, 2019  |  B2B Payments

Small businesses (SMBs) make up more than 98 percent of the U.S. manufacturing sector, according to the National Association of Manufacturers. So when small business...

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