economy

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

IPOs Marked By Both Record Highs And Market Volatility

IPOs Marked By Both Record Highs And Market Volatility
IPOs Marked By Both Record Highs And Market Volatility
May 13, 2021  |  IPO

Things are in flux for IPOs these days with mergers hitting record highs in terms of money raised and share sales, but there have also...

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New Jobless Claims Tumble Again, Beating Expectations
New Jobless Claims Tumble Again, Beating Expectations
May 13, 2021  |  Economy

Initial jobless claims tumbled to 473,000, beating expectations and marking a new record low from the pandemic’s historic highs.  Get the Full Story Complete the...

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Help Wanted: Restaurants Suffer As Servers Rebuff Signing Bonuses
Help Wanted: Restaurants Suffer As Servers Rebuff Signing Bonuses
May 12, 2021  |  Personnel

Even at $40,000 annual for salaried workers and $20 per hour for part-timers, restaurants like Chef Dan Jacobs’ chain in Milwaukee, Wisconsin are struggling to...

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Visa US Spending Momentum Index Points To Rising Consumer Confidence
Visa US Spending Momentum Index Points To Rising Consumer Confidence
May 12, 2021  |  Retail

The Visa U.S. Spending Momentum Index (SMI) reached a reading of 136 in April 2021, indicating that the U.S. economic recovery remains on steady ground....

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Consumers Fly Nowhere To Shop Duty-Free Stores
Consumers Fly Nowhere To Shop Duty-Free Stores
May 11, 2021  |  Retail

A new trend is emerging at airports in which customers fly to nowhere for no other reason than to access duty-free shopping, Bloomberg reported. Get...

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Historic Unemployment Numbers Collide With Record Demand For Workers
Historic Unemployment Numbers Collide With Record Demand For Workers
May 11, 2021  |  Economy

While U.S. President Joe Biden has continued advocating for the necessity of boosted jobless benefits, employers say they are having trouble getting workers to fill...

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Bankers Worried Over Credit Card Balances Paid In Full
Bankers Worried Over Credit Card Balances Paid In Full
May 11, 2021  |  Banking

Consumers are continuing the pandemic-fueled habit of paying off credit card balances, a practice that now has bankers more than a little worried, The Wall...

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Newsom Unveils California Stimulus Plan That Would Give Triple Payments
Newsom Unveils California Stimulus Plan That Would Give Triple Payments
May 10, 2021  |  Economy

California Gov. Gavin Newsom has proposed a $100 billion stimulus plan to triple the state’s direct cash assistance program and reach around two-thirds of the...

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