economy

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

UK PMI Points To Strengthening Global Economy

UK PMI Points To Strengthening Global Economy
UK PMI Points To Strengthening Global Economy
April 23, 2021  |  Economy

The global economy is tracking for a strong rebound, evidenced by increases in European and Asian manufacturing output and the demand for services, according to...

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Over 720,000 UK Businesses Are Facing Steep Financial Hardship
Over 720,000 UK Businesses Are Facing Steep Financial Hardship
April 22, 2021  |  Cross-border Payments

Companies across 22 sectors in the United Kingdom are undergoing the fastest uptick in significant financial distress in more than seven years, the Financial Times...

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New Jobless Claims Continue Downward Trend
New Jobless Claims Continue Downward Trend
April 22, 2021  |  Economy

Initial unemployment claims for the week ending April 17 dropped by 39,000 to 547,000, the lowest level for initial claims since March 14, 2020, when...

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Small Businesses Snagged By Supply Chain Disruptions
Small Businesses Snagged By Supply Chain Disruptions
April 21, 2021  |  Delivery

Among American companies, logistics problems are causing big headaches. With the supply lines clogged, companies are finding new ways to conduct business. It’s not only...

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CFPB Tries To Fend Off A Potential Foreclosure Crisis
CFPB Tries To Fend Off A Potential Foreclosure Crisis
April 20, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) is taking a long hard look at mortgage servicers — and whether they’ve really been compliant with pandemic-era programs...

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Reopening Shopping: Digital Reality Overshadows Economic Optimism
Reopening Shopping: Digital Reality Overshadows Economic Optimism
April 19, 2021  |  Retail

The cross-currents around the pandemic and the impending recovery continue to swirl. As of April 17, 85 million Americans had been vaccinated. Yet, new strains...

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Failed $16 Billion Rescue Program Hits Sour Notes For Music Venues
Failed $16 Billion Rescue Program Hits Sour Notes For Music Venues
April 18, 2021  |  Economy

A $16 billion federal program designed to help performance venues and museums closed due to COVID-19 that was supposed to debut more than a week...

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Fed Report Says SMB Desolation Less Than Feared From Pandemic
Fed Report Says SMB Desolation Less Than Feared From Pandemic
April 18, 2021  |  SMBs

The number of businesses that permanently closed during the first year of pandemic fell short of widespread concerns, Federal Reserve economists have concluded in a...

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