spending

Spending to pay out (money) in buying or hiring goods or services

Investor Concerns Over Credit Losses Pull US Bank Stocks Down

Investor Concerns Over Credit Losses Pull US Bank Stocks Down
Investor Concerns Over Credit Losses Pull US Bank Stocks Down
May 15, 2020  |  Investments

The U.S. banking industry is the runt of the litter of the current stock market rally as interest rates sink and loans crumble, according to...

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Goldman: US Unemployment Rate Could Hit 25 Pct
Goldman: US Unemployment Rate Could Hit 25 Pct
May 14, 2020  |  Economy

Goldman Sachs’ forecast for the nation’s unemployment rate rose by 10 percent, as the bank now predicts at least a 25 percent unemployment rate due...

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US Treasury Eyes Borrowing Almost $3 Trillion In Second Quarter
US Treasury Eyes Borrowing Almost $3 Trillion In Second Quarter
May 04, 2020  |  Debt

To fight the coronavirus pandemic, the U.S. government said it is planning to borrow $2.99 trillion in the second quarter this year, a record number,...

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U.S. 1Q GDP Tumbles 4.8 Pct, The Biggest Drop Since Great Recession
U.S. 1Q GDP Tumbles 4.8 Pct, The Biggest Drop Since Great Recession
April 29, 2020  |  Economy

U.S. gross domestic product (GDP) dropped 4.8 percent in the first quarter — its biggest decline since the 2008 Great Recession as the coronavirus pandemic slammed the...

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Crashing Oil Prices and Travel’s Catch-22
Crashing Oil Prices and Travel’s Catch-22
April 23, 2020  |  Economy

You can’t get much cheaper than negative prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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CUs Saw Overall Credit Spending Drop 31.3 Pct in YOY Weekly Data, PSCU Says
CUs Saw Overall Credit Spending Drop 31.3 Pct in YOY Weekly Data, PSCU Says
April 21, 2020  |  Credit Unions

Credit union service organization PSCU has updated its weekly transaction analysis from Owner credit union members to reflect the impact of the coronavirus, finding that...

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China’s GDP Drop Creates Global Ripple Effects For Retail
China’s GDP Drop Creates Global Ripple Effects For Retail
April 17, 2020  |  Cross-border Payments

What will the ripple effects be for retailers (in the U.S. and around the globe) as China’s economy shrinks? Get the Full Story Complete the...

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Expedia To Slash Ad Spending
Expedia To Slash Ad Spending
April 16, 2020  |  Travel Payments

Expedia Group is looking to cut its budget for ad revenues this year, according to Chairman and Senior Executive Barry Diller. Get the Full Story...

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