economy

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

States Seek Aid To Offset Estimated $400B Shortfall Due To COVID-19

States Seek Aid To Offset Estimated $400B Shortfall Due To COVID-19
States Seek Aid To Offset Estimated $400B Shortfall Due To COVID-19
November 17, 2020  |  Economy

Faced with the mounting costs of battling COVID-19, state governors across the United States are pushing for more federal relief as coronavirus infections soar and...

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October Retail Sales Grew Slower Than Anticipated
October Retail Sales Grew Slower Than Anticipated
November 17, 2020  |  Retail

U.S. retail sales rose 0.3 percent in October to $553.3 billion, missing forecasts but still up for the sixth consecutive month, according to the monthly...

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Biden: Recovery Depends On Controlling Pandemic As ‘Very Dark Winter’ Approaches
Biden: Recovery Depends On Controlling Pandemic As ‘Very Dark Winter’ Approaches
November 16, 2020  |  Economy

U.S. President-elect Joe Biden called a conversation with business and labor leaders “encouraging” at a press conference following a Monday (Nov. 16) call, noting that...

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Today In Payments: PNC Advances $11.6B BBVA Purchase Deal; US Economic Forecasts Grim Amid Escalating COVID-19
Today In Payments: PNC Advances $11.6B BBVA Purchase Deal; US Economic Forecasts Grim Amid Escalating...
November 16, 2020  |  News

In today’s top news, PNC will acquire BBVA’s U.S. unit for $11.6 billion, and the economy is facing greater challenges as COVID-19 cases continue to...

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COVID Crisis: What Happens If Most People Don’t Get The Vaccine?
COVID Crisis: What Happens If Most People Don’t Get The Vaccine?
November 16, 2020  |  Economy

On the same day that COVID-19 cases in the U.S. topped 10 million and hit 50.5 million globally, the world got news that Pfizer and...

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US Economic Forecasts Grim Amid Escalating COVID-19
US Economic Forecasts Grim Amid Escalating COVID-19
November 16, 2020  |  Economy

Fears of economic freefall are mounting as the U.S. continues to post an alarming increase in the number of new COVID-19 cases without word of...

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Banks’ Margins Suffer As US Consumers Pay Down Credit Card Debt
Banks’ Margins Suffer As US Consumers Pay Down Credit Card Debt
November 15, 2020  |  Debt

U.S. consumers have been paying down payments on credit cards with the pandemic continuing to hamper spending opportunities, which has led to dramatically falling bank...

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Stake In The Game: Real Estate Developer Sees ‘Rentership’ As New Path To Homeownership
Stake In The Game: Real Estate Developer Sees ‘Rentership’ As New Path To Homeownership
November 13, 2020  |  Real Estate

Homeownership is still the best, largest and often only major investment that most Americans make. But price fluctuations, skyrocketing taxes and hefty maintenance costs have...

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