economy

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

McDonald’s CEO Expects Dine-In To Bounce Back Despite Digital Ordering, Drive-Thru Surge

McDonald’s CEO Expects Dine-In To Bounce Back Despite Digital Ordering, Drive-Thru Surge
McDonald’s CEO Expects Dine-In To Bounce Back Despite Digital Ordering, Drive-Thru Surge
June 16, 2021  |  Economy

McDonald’s CEO Chris Kempczinski said the fast food giant will likely see in-person dining get back to normal soon, CNBC reported. Get the Full Story...

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Proposed Bills Aim To Reduce Fines For NYC Main Street Businesses
Proposed Bills Aim To Reduce Fines For NYC Main Street Businesses
June 16, 2021  |  Legal & Regulation

New legislation proposed by two New York City council members aims to help mom-and-pop shops by reducing fines and relaxing code enforcement, The Wall Street...

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US IPOs Reach Record $171 Billion Total In Just Over 5 Months
US IPOs Reach Record $171 Billion Total In Just Over 5 Months
June 15, 2021  |  IPO

In fewer than six months, there has been a new record hit for U.S. initial public offerings (IPOs), U.S. News reported. Get the Full Story...

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New BLS Data Shows Inflationary Pressures Just Keep On Creeping Up
New BLS Data Shows Inflationary Pressures Just Keep On Creeping Up
June 15, 2021  |  Economy

The cost of doing business  is up — mostly, as new government data indicates, because inflation is powerfully on the rise. Figures released by the...

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May Retail Sales Fall 1.3 Pct, Muddling Outlook For Consumer-Led Recovery
May Retail Sales Fall 1.3 Pct, Muddling Outlook For Consumer-Led Recovery
June 15, 2021  |  Retail

Reports of a red-hot consumer-led rebound were doused Tuesday (June 15) after the Commerce Department reported that May retail sales slid 1.3 percent from the...

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NRF: 9 In 10 US Retailers Affected By Shipping Delays, Inventory Shortages
NRF: 9 In 10 US Retailers Affected By Shipping Delays, Inventory Shortages
June 15, 2021  |  Retail

The country’s largest retail trade group says that 97 percent of its members have been impacted by port congestion and shipping delays — with nearly...

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New Report: 53 Pct Of Upper-Income Americans Live Paycheck-To-Paycheck
New Report: 53 Pct Of Upper-Income Americans Live Paycheck-To-Paycheck
June 15, 2021  |  Consumer Finance

Living paycheck to paycheck is sometimes seen as synonymous with being poor, an unfortunate but relatively uncommon circumstance. In fact, it is far more widespread...

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BoA Head Moynihan: Consumer Spending Up, Fed Accommodation Should Go Down 
BoA Head Moynihan: Consumer Spending Up, Fed Accommodation Should Go Down 
June 14, 2021  |  Economy

Consumer spending is 20 percent higher this year than 2019, a signal Bank of America (BoA) CEO Brian Moynihan told CNBC is a sign that federal accommodation...

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