economy

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

CDC Advises Against Thanksgiving Travel

CDC Advises Against Thanksgiving Travel
CDC Advises Against Thanksgiving Travel
November 19, 2020  |  Economy

The Centers for Disease Control and Prevention (CDC) has come out with a warning against Americans traveling home for the Thanksgiving holiday, The Wall Street...

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Weekly U.S. Jobless Claims Rise Slightly To 742,000 Even As Many Face Losing Benefits
Weekly U.S. Jobless Claims Rise Slightly To 742,000 Even As Many Face Losing Benefits
November 19, 2020  |  Economy

New jobless claims ticked upwards last week, with 742,000 people filing for benefits while COVID-19 cases continued to accelerate in the U.S.   Get the Full...

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Amex Study: Social Media Shout-Outs Could Pump $197B Into SMB Economy
Amex Study: Social Media Shout-Outs Could Pump $197B Into SMB Economy
November 18, 2020  |  SMBs

As the holidays grow closer, American Express says research has shown that social media promotions and engagement could be a big boost for this year’s...

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Bidenomics: Four Things To Watch For Financial Services
Bidenomics: Four Things To Watch For Financial Services
November 18, 2020  |  Economy

There are no easy economic fixes ahead when former Vice President Joe Biden takes office as president. Jobless claims are receding, but still stubbornly high. Vaccines are...

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Maersk Predicts Shipping Rebound As US Retail Sales Fuel Demand
Maersk Predicts Shipping Rebound As US Retail Sales Fuel Demand
November 18, 2020  |  Cross-border Payments

Shipping giant Maersk is predicting a better 2021 in a move that bodes well for the battered but now recovering global economy. Get the Full...

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College Towns Face Hard Choice Between COVID-19 Safety And Economic Ruin
College Towns Face Hard Choice Between COVID-19 Safety And Economic Ruin
November 18, 2020  |  Economy

Communities across the country that typically thrive alongside the colleges and universities they host are facing an array of COVID-19-era challenges. As the rate of...

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US Consumers Pay Down $10B In Credit Card Debt In Q3
US Consumers Pay Down $10B In Credit Card Debt In Q3
November 18, 2020  |  Debt

Americans paid off $10 billion in credit card debt in the third quarter (Q3) of 2020, but borrowed more for car and housing loans, according...

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McConnell Floats Possibility Of $500B In COVID Stimulus
McConnell Floats Possibility Of $500B In COVID Stimulus
November 17, 2020  |  Economy

As the deliberation over another pandemic-related stimulus continues, U.S. Senate Majority Leader Mitch McConnell said he’s open to a $500 billion package, Reuters reported. Get...

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