economy

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

FDIC: Bank Profits Dropped 36.5 Pct In 2020

FDIC: Bank Profits Dropped 36.5 Pct In 2020
FDIC: Bank Profits Dropped 36.5 Pct In 2020
February 23, 2021  |  Banking

U.S. bank profits fell 36.5 percent in 2020 compared to the previous year due to the large volume of money set aside to cover potential...

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Consumer Confidence Hits Three-Month High
Consumer Confidence Hits Three-Month High
February 23, 2021  |  Economy

Consumer confidence hit a three-month high in February as cases of COVID-19 continue to drop and vaccine distribution expands, according to a Tuesday (Feb. 23)...

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UK Businesses Face Headwinds From Pandemic And Brexit
UK Businesses Face Headwinds From Pandemic And Brexit
February 23, 2021  |  Cross-border Payments

Businesses in the United Kingdom in sectors ranging from pet food to financial services and retail are grappling with challenges stemming from the pandemic and...

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Boris Johnson Unveils 4-Step Plan To Reopen UK In June
Boris Johnson Unveils 4-Step Plan To Reopen UK In June
February 23, 2021  |  Cross-border Payments

England’s lockdowns could be easing up soon with a new four-step plan, according to a BBC report. Get the Full Story Complete the form to...

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Data Shows 28 Pct Of Americans Consider Relocation As WFH Gains Ground
Data Shows 28 Pct Of Americans Consider Relocation As WFH Gains Ground
February 22, 2021  |  Economy

An unintended side effect of the pandemic has been that younger Americans have found it more freeing to work from home and move to areas...

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Cruises May Be Ready For Comeback, Royal Caribbean Chief Says
Cruises May Be Ready For Comeback, Royal Caribbean Chief Says
February 22, 2021  |  Economy

Royal Caribbean CEO Richard Fain said he has seen a number of signs that the cruise industry could recover from its pandemic-related economic strife, CNBC...

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Biden Administration Puts New PPP Focus On Smaller, Minority-Owned Firms
Biden Administration Puts New PPP Focus On Smaller, Minority-Owned Firms
February 22, 2021  |  Economy

President Biden plans to rework the U.S. Paycheck Protection Program (PPP) so that smaller companies, those in underserved communities and those owned by minorities gain...

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Nine New Members Added To Kohl’s Board By Activist Investors
Nine New Members Added To Kohl’s Board By Activist Investors
February 22, 2021  |  Retail

A group of activist investors has nominated nine new directors to the board of retailer Kohl’s, a Wall Street Journal (WSJ) report says. Get the...

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