economy

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

Down But Not Out: New Business Applications Spike In January

Down But Not Out: New Business Applications Spike In January
Down But Not Out: New Business Applications Spike In January
February 16, 2021  |  Startups

Applications to start new U.S. businesses leaped in January, despite rising COVID-19 cases. Commerce Department data from last week indicated that new business applications surged...

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Survey Says Most NYC Restaurants Couldn’t Pay December’s Rent
Survey Says Most NYC Restaurants Couldn’t Pay December’s Rent
February 16, 2021  |  Retail

Some 92 percent of the more than 400 restaurants surveyed by the NYC Hospitality Alliance indicated that they could not foot the bill for rent,...

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Shuttered Venue Operators Hanging On Delayed $15 Billion SBA Grants
Shuttered Venue Operators Hanging On Delayed $15 Billion SBA Grants
February 16, 2021  |  Economy

A $15 billion Small Business Administration (SBA) grant program for companies in the business of live events has still not launched, The Wall Street Journal...

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Are We On The Cusp Of Roaring ’20s Retail Rebound Or A Long, Challenging Slog?
Are We On The Cusp Of Roaring ’20s Retail Rebound Or A Long, Challenging Slog?
February 16, 2021  |  Retail

Given that consumer spending accounts for 70 percent of the U.S. economy, it’s safe to say the monthly reading on retail sales on Wednesday (Feb....

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Corporate Spending Budgets In Flux Over Uncertain Recovery Pace
Corporate Spending Budgets In Flux Over Uncertain Recovery Pace
February 15, 2021  |  Economy

Add the annual corporate budget to the list of pre-COVID-19 institutions upended by the pandemic, The Wall Street Journal reports. Get the Full Story Complete...

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February Consumer Sentiment Index Hits Six-Month Low
February Consumer Sentiment Index Hits Six-Month Low
February 12, 2021  |  Consumer Finance

Consumer attitudes about the state of the economy unexpectedly dropped to a six-month low despite good news about vaccinations and more stimulus funds on the...

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UK’s 2020 Economy Worst In 300 Years
UK’s 2020 Economy Worst In 300 Years
February 12, 2021  |  Economy

The economy in the U.K. contracted 9.9 percent in 2020, the worst year on record since 1709, the Office for National Statistics (ONS) said in...

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Businesses, Consumers On Different COVID Recovery Timetables
Businesses, Consumers On Different COVID Recovery Timetables
February 11, 2021  |  Economy

With vaccines being rolled out and an end in sight, the temptation is to start whiningly asking “are we there yet?” when it comes to...

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