economy

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

UK July Retail Sales Fall Sharply But Remain Higher Than Pre-Pandemic Levels

UK July Retail Sales Fall Sharply But Remain Higher Than Pre-Pandemic Levels
UK July Retail Sales Fall Sharply But Remain Higher Than Pre-Pandemic Levels
August 20, 2021  |  Retail

U.K. retail sales, buoyed by high grocery store spending during the European Championship matches in June, dropped unexpectedly in July, The Guardian reported Friday (Aug...

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Today In Retail: Amazon’s Big Plans For Big Stores; Home Improvement Retailers Compete For Contractors’ Wallets
Today In Retail: Amazon’s Big Plans For Big Stores; Home Improvement Retailers Compete For Contractors’...
August 20, 2021  |  Retail

In today’s top retail news, Amazon is reportedly planning to open department store-style retail locations in the coming years, while Lowe’s, Home Depot and other...

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Philippines Shutting Down Digital Bank Requests
Philippines Shutting Down Digital Bank Requests
August 19, 2021  |  Banking

Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Thursday (Aug. 19) announced that the country’s central bank would stop accepting digital banking applications on Sept....

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New Pandemic Low For Jobless Claims Beats Forecasts
New Pandemic Low For Jobless Claims Beats Forecasts
August 19, 2021  |  Economy

New jobless claims dropped to a new pandemic-era low, coming in at 348,000 for the week ending Aug. 14, a drop of 29,000 from the...

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Today In Payments Around The World: TerraPay Promotes UAE Digital Payments; Floods, COVID Resurgence Slows China’s Economy
Today In Payments Around The World: TerraPay Promotes UAE Digital Payments; Floods, COVID Resurgence Slows...
August 18, 2021  |  Cross-border Payments

Today in payments around the world: TerraPay and Network International promote digital payments in the United Arab Emirates (UAE). Plus, China’s President Xi Jinping wants...

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Pandemic Will Linger Into 2022, Say Consumers, Before We’re ‘Back to Normal’
Pandemic Will Linger Into 2022, Say Consumers, Before We’re ‘Back to Normal’
August 18, 2021  |  Economy

“If it be not now, yet it will come — the readiness is all,” wrote the Bard. And when it comes to the pandemic, the seemingly...

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Chinese President Xi Calls For Wealth Redistribution
Chinese President Xi Calls For Wealth Redistribution
August 18, 2021  |  Cross-border Payments

Chinese President Xi Jinping is calling for wealth redistribution that includes a framework for “common prosperity,” curbing excessive incomes and working to avert financial risks,...

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COVID Concerns Trigger 1.1 Pct Slump In July Retail Sales Amid Swirl Of Conflicting Factors
COVID Concerns Trigger 1.1 Pct Slump In July Retail Sales Amid Swirl Of Conflicting Factors
August 17, 2021  |  Retail

A month of rising COVID-19 case counts coupled with a surge in mask mandates and vaccine requirements took the steam out of a nascent shopping...

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