economy

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

US Unemployment Declines For Fourth Consecutive Week

US Unemployment Declines For Fourth Consecutive Week
US Unemployment Declines For Fourth Consecutive Week
February 11, 2021  |  Economy

The number of Americans who filed for new jobless claims for the week ending Feb. 6 dropped for the fourth consecutive week, continuing the downward...

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House Committee Passes $400-A-Week Supplemental Jobless Benefit
House Committee Passes $400-A-Week Supplemental Jobless Benefit
February 10, 2021  |  Economy

The House Ways and Means Committee is going forward with a $400 weekly supplement to unemployment benefits, one of President Joe Biden’s key features for...

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Consumer Price Index Still Up After Pandemic Slump
Consumer Price Index Still Up After Pandemic Slump
February 10, 2021  |  Consumer Finance

The cost of U.S. consumer goods and services went up again in January, as inflation remained largely unwavering. The January Consumer Price Index (CPI), which...

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Bonds Backed By Auto Loans Hit Multi-Year Highs
Bonds Backed By Auto Loans Hit Multi-Year Highs
February 10, 2021  |  Loans

Bonds backed by auto loans are seeing an unprecedented rise in prices, the Financial Times (FT) reports. Get the Full Story Complete the form to...

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CEOs of JPMorgan, Walmart, Lowe’s And More Meet At White House
CEOs of JPMorgan, Walmart, Lowe’s And More Meet At White House
February 10, 2021  |  Legal & Regulation

JPMorgan Chase CEO Jamie Dimon was one of several executives to meet with President Joe Biden on Tuesday (Feb. 9) to discuss Biden’s $1.9 trillion...

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Main Street Lending Program Ends With Just $17.5 Billion Disbursed
Main Street Lending Program Ends With Just $17.5 Billion Disbursed
February 09, 2021  |  Loans

The Federal Reserve’s Main Street Lending Program, intended to give support to small- to medium-sized businesses (SMBs) during the pandemic, has only disbursed $17.5 billion,...

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Fed Data Shows Biggest US Banks Stagnate On Loans
Fed Data Shows Biggest US Banks Stagnate On Loans
February 09, 2021  |  Loans

The biggest U.S. banks have dialed back the portion of their balances they’re willing to use on loans to new lows, Bloomberg reported, citing data...

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Biden And Yellen Will Talk Stimulus With Nation’s Leading CEOs
Biden And Yellen Will Talk Stimulus With Nation’s Leading CEOs
February 09, 2021  |  Economy

Chief executives from some of the nation’s top companies are heading to Washington, D.C. to talk about the $1.9 trillion stimulus plan with President Joe...

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