economy

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

ADP: 692K New Jobs Added From May To June

ADP: 692K New Jobs Added From May To June
ADP: 692K New Jobs Added From May To June
June 30, 2021  |  Economy

The U.S. economy has added some three million jobs in the private sector since the start of 2021, including 692,000 new positions this month, according...

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Appetite For Luxury Prompts Forecast Boost By Versace Parent
Appetite For Luxury Prompts Forecast Boost By Versace Parent
June 29, 2021  |  Retail

The post-pandemic appetite for luxury goods has prompted Capri Holdings — parent to Michael Kors, Versace and Jimmy Choo — to increase its profit and...

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June US Consumer Confidence Up For Fifth Consecutive Month
June US Consumer Confidence Up For Fifth Consecutive Month
June 29, 2021  |  Economy

The Conference Board Consumer Confidence Index went up in June, reaching its highest level since the COVID-19 pandemic took hold in March 2020, marking the...

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Seller’s Market For Autos Pumps Up Sales Above Sticker Prices
Seller’s Market For Autos Pumps Up Sales Above Sticker Prices
June 29, 2021  |  Retail

In the post-pandemic economy, prices of used cars have been rising. In part that’s due to commuters fearful of COVID-19 looking to stay away from...

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Home Equity Hits Record $8.1T For US Owners
Home Equity Hits Record $8.1T For US Owners
June 27, 2021  |  Real Estate

U.S. homeowners have a staggering $8.1 trillion in untapped equity in their properties, according to data service Black Knight Inc., but despite all that equity...

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US Credit Card Issuers Up The Rewards Ante To Attract Cardholders
US Credit Card Issuers Up The Rewards Ante To Attract Cardholders
June 27, 2021  |  Credit Cards

U.S. credit card companies are scrambling to get households to borrow more as families participate in the country’s economic rebound using money they saved during...

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Post-Pandemic US Consumer Sentiment Continues Upward Trend
Post-Pandemic US Consumer Sentiment Continues Upward Trend
June 25, 2021  |  Economy

The University of Michigan’s Consumer Sentiment Index in June increased to 85.5 from May’s final reading of 82.9, the second-highest level since the COVID-19 pandemic...

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Personal Income Dropped 2 Pct Amid Lower Stimulus Benefits
Personal Income Dropped 2 Pct Amid Lower Stimulus Benefits
June 25, 2021  |  Economy

Personal income dropped by 2 percent in May to $414.3 billion, beating forecasts that expected it to decline more, according to estimates released Friday (June 25) by...

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