Financial Crisis news and trends

40% of Well-Established Small Businesses Lack Emergency Funding
SMBs // August 18, 2023

Across the United States, the startup community is still reeling after Silicon Valley Bank’s collapse, the largest bank failure since the 2008 financial crisis, and Main Street businesses are no exception.   Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Report: Global Wealth Fell for 1st Time Since 2008 Crisis
Economy // August 16, 2023

The world had fewer millionaires at the end of 2022 than at the beginning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

SMB Alt-Lending Gears Up For Another Industry Shakeup
B2B Payments // July 07, 2020

The level of market volatility hitting the U.S. and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to...

Treasury Secretary Warns Of Depression-Like Unemployment Levels
Coronavirus // March 18, 2020

Treasury Secretary Steven Mnuchin said the U.S. unemployment rate could soar to 20 percent if Congress fails to pass a $1 trillion coronavirus stimulus package, according to reports on Tuesday (March 17). Get the Full Story Complete the form to unlock this article and enjoy...

Interviews & Exclusives
40% of Well-Established Small Businesses Lack Emergency Funding

August 18, 2023
Across the United States, the startup community is still reeling after Silicon Valley Bank’s collapse, the largest bank failure since the 2008 financial crisis, and Main Street businesses are no exception.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]

How Coronavirus Will (And Won’t) Change The Gig Economy

March 16, 2020
The headlines state that we are in uncertain, and in some ways, unprecedented times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

On The Hill, Banking’s Biggest Get Grilled

April 11, 2019
The biggest names in banking came to the Hill, repping seven of the largest financial firms in the United States. Ten years after the financial crisis, the rebound has been palpable,...

Stripe: Developers Are The Economy’s Most Precious Resource

September 07, 2018
If one were looking at the economy a decade ago, Stripe COO Claire Hughes Johnson told Karen Webster, the biggest challenge businesses faced in growing was clear: access to capital. Ten years ago, the...

Quick Reads
SEC Head: AI Will Trigger Financial Crisis If Left Unchecked

October 15, 2023
America’s top financial regulator says artificial intelligence (AI) will cause a financial crisis if left unchecked. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]

Report: Global Wealth Fell for 1st Time Since 2008 Crisis

August 16, 2023
The world had fewer millionaires at the end of 2022 than at the beginning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Treasury Secretary Warns Of Depression-Like Unemployment Levels

March 18, 2020
Treasury Secretary Steven Mnuchin said the U.S. unemployment rate could soar to 20 percent if Congress fails to pass a $1 trillion coronavirus stimulus package, according to reports on Tuesday...

Fraud Retrial Begins For Former Barclays Execs

October 08, 2019
Three former Barclays executives are facing a retrial and accused of participating in a “dishonest mechanism” to pay Qatar extra fees in exchange for emergency fundraising to avoid a bank...