economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.
Ex-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems   
Ex-Fed Chief Yellen: Deregulation Risks ‘Gigantic Holes’ In Financial Systems  
December 12, 2018  |  Economy

Can it happen again? A decade on, with the financial crisis in the rearview mirror, Janet Yellen, former chair of the Federal Reserve, said there...

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Macron, French Banks Agree Not To Raise Bank Fees
Macron, French Banks Agree Not To Raise Bank Fees
December 12, 2018  |  Europe

France’s major banks have agreed to freeze the fees they charge next year in an effort to stop “yellow vest” protests that have recently hit...

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In France, Protests’ Ripple Effect Hits Holiday Season
In France, Protests’ Ripple Effect Hits Holiday Season
December 10, 2018  |  Retail

Christmas, cancelled? Not really, but in France, the so-called “yellow vests” who are protesting over taxes have been taking an economic bite – enough so...

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Citi: Facebook, Google Hiring Decline Signals Job Growth Peak
Citi: Facebook, Google Hiring Decline Signals Job Growth Peak
December 09, 2018  |  Economy

Facebook and Alphabet, the two tech heavy hitters, have been curbing hiring, which Citi analyst Mark May said could signal a peak in overall job...

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Oct. Consumer Credit Logs Fastest Gains In 11 Months
Oct. Consumer Credit Logs Fastest Gains In 11 Months
December 07, 2018  |  Debt

The willingness to take on debt and open wallets, at least here, remains unabated. In the United States, consumer debt gained at its headiest pace...

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‘Yellow Vest’ Protests Have Cost French Retailers One Billion Euros
‘Yellow Vest’ Protests Have Cost French Retailers One Billion Euros
December 07, 2018  |  International

The “yellow vest” protests have cost French retailers about $1.1 billion dollars in revenue since they started last month, according to The French retail federation...

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On Wall Street, Cash Is King For Worried Investors
On Wall Street, Cash Is King For Worried Investors
December 05, 2018  |  Cash

As the saying goes in the investment community, “cash is king.” Generally speaking, the saying is one that applies to cash flow, and where the...

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Facebook, Google Targeted In Revised Franco-German Tech Tax
Facebook, Google Targeted In Revised Franco-German Tech Tax
December 04, 2018  |  Taxes

France and Germany have come up with a compromise for a European Union (EU)-wide digital tax, abandoning a wide-ranging 3 percent tax on revenues generated...

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Danske Scandal Could Disrupt Denmark Economy
Danske Scandal Could Disrupt Denmark Economy
December 03, 2018  |  Bank Regulation

The Danske Bank money laundering scandal in Denmark could potentially affect the country’s financial stability. Denmark’s largest bank is being investigated over “massive money laundering flows,” with...

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