economy

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

Jobless Claims Way Above Pre-Pandemic Levels As Labor Shortage Continues

Jobless Claims Way Above Pre-Pandemic Levels As Labor Shortage Continues
Jobless Claims Way Above Pre-Pandemic Levels As Labor Shortage Continues
August 05, 2021  |  Economy

New jobless claims for the week that ended July 31 dropped by 14,000 to 385,000, slightly higher than economists’ forecasts of 383,000 and still way...

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ADP: Private Sector Jobs Grew By 330K In July
ADP: Private Sector Jobs Grew By 330K In July
August 04, 2021  |  Economy

Signs of a slow but steady economic recovery from the pandemic are visible with continued increases in employment across all industries, according to the July...

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Delta Variant Could Squash The Return Of Business Travel
Delta Variant Could Squash The Return Of Business Travel
August 04, 2021  |  Travel Payments

As more businesses and government agencies continue to add vaccine mandates for their employees or guests because of the continuing spread of the Delta variant...

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New Report: 54 Pct Of US Adult Consumers Feel Mired In Paycheck-To-Paycheck Living
New Report: 54 Pct Of US Adult Consumers Feel Mired In Paycheck-To-Paycheck Living
August 04, 2021  |  Consumer Finance

When mental imagery and preconceived notions come into contact with reality, it can cause disorienting effects. For example, we tend to picture millennials and slightly...

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NY Fed: Household Debt Nears $15T Amid Rise In Mortgage, Auto Loan Originations
NY Fed: Household Debt Nears $15T Amid Rise In Mortgage, Auto Loan Originations
August 03, 2021  |  Debt

Household debt increased by $313 billion (2.1 percent) in the second quarter of 2021, hitting a total of $14.96 trillion, according to information from the...

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Newly Digitized Retailers Could Easily Pivot To New COVID Restrictions
Newly Digitized Retailers Could Easily Pivot To New COVID Restrictions
August 02, 2021  |  Retail

The past several weeks have seen one glowing earnings report after another for retailers and eCommerce companies. In toys, Mattel and Hasbro both saw strong...

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Fed: Delta Variant Might Jeopardize Economy As Americans Avoid Job Hunting
Fed: Delta Variant Might Jeopardize Economy As Americans Avoid Job Hunting
August 01, 2021  |  Economy

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said the rise of the more contagious Delta variant of COVID-19 might hinder the U.S.’s...

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With COVID Refusing To Fade Away, Recovery’s Leaders Could Again Become Laggards
With COVID Refusing To Fade Away, Recovery’s Leaders Could Again Become Laggards
July 30, 2021  |  Economy

It was not supposed to happen like this. Seven months after a handful of new COVID vaccines were given the governmental go-ahead, the U.S. and...

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