economy

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

JOLTS: Little Change In Job Openings, New Hires Amid Slowing Labor Market

JOLTS: Little Change In Job Openings, New Hires Amid Slowing Labor Market
JOLTS: Little Change In Job Openings, New Hires Amid Slowing Labor Market
December 09, 2020  |  Economy

The Job Openings and Labor Turnover Survey (JOLTS) indicates that the number of new job openings was largely unchanged at 6.7 million positions on Oct....

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Stimulus Negotiators Face Pressure From All Sides To Rapidly Approve Package
Stimulus Negotiators Face Pressure From All Sides To Rapidly Approve Package
December 09, 2020  |  Economy

Eight months, 14.8 million new cases and 275,000 deaths after Congress passed the $2.2 trillion CARES Act in late March to cushion the economic blow...

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Today In Digital-First Banking: Revolut Introduces ‘Pockets’ Feature; Robinhood Markets In Discussions With Goldman On Potential IPO
Today In Digital-First Banking: Revolut Introduces ‘Pockets’ Feature; Robinhood Markets In Discussions With Goldman On...
December 09, 2020  |  Banking

In today’s top news in digital-first banking, U.K. FinTech Revolut has introduced its Pockets tool, while Robinhood Markets is reportedly working with Goldman Sachs for...

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Wells Fargo’s Scharf Predicts Rapid Economic Rebound After Vaccines Are Out
Wells Fargo’s Scharf Predicts Rapid Economic Rebound After Vaccines Are Out
December 09, 2020  |  Economy

Charlie Scharf, the CEO of Wells Fargo, thinks once the COVID vaccines are able to reach wide swathes of the country, the U.S. economy will...

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Mnuchin’s $916 Billion Stimulus Plan Includes Business Protections
Mnuchin’s $916 Billion Stimulus Plan Includes Business Protections
December 08, 2020  |  Economy

Treasury Secretary Steven Mnuchin said he presented a new $916 billion COVID-19 relief bill to House Speaker Nancy Pelosi, signaling the first move from the...

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Restaurant Industry: Over Half-Million Eateries In ‘Economic Free Fall’
Restaurant Industry: Over Half-Million Eateries In ‘Economic Free Fall’
December 08, 2020  |  Economy

Over 110,000 restaurants have shuttered since the start of the COVID-19 pandemic and another 500,000-plus establishments are in an “economic free fall,” the National Restaurant...

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Millennials Pivot Toward Homeownership; Economic Ripple Effects Still Unknown
Millennials Pivot Toward Homeownership; Economic Ripple Effects Still Unknown
December 08, 2020  |  Economy

It was only a few short years ago that the conventional wisdom was that millennials were shaping up to be slower entering the homebuying market...

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Business Leaders Push Congress For New Stimulus Dollars As Economy Wavers
Business Leaders Push Congress For New Stimulus Dollars As Economy Wavers
December 08, 2020  |  Economy

Some of the top business groups in the United States are ramping up pressure on Congress to pass a second major stimulus package as coronavirus...

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