economy

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

Republicans Ready A More Modest Stimulus Bill

Republicans Ready A More Modest Stimulus Bill
Republicans Ready A More Modest Stimulus Bill
August 26, 2020  |  Economy

Republican lawmakers are aiming to release a narrower pandemic stimulus bill as soon as this week, CNBC reported. Get the Full Story Complete the form...

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Real Estate Mogul Sam Zell Foresees More Retail Pain
Real Estate Mogul Sam Zell Foresees More Retail Pain
August 26, 2020  |  Real Estate

Real estate mogul Sam Zell, who learned the hard way about investing in troubled industries after buying and temporarily owning the Chicago Tribune even as...

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Las Vegas Casino Revenue Drops Almost 40 Pct In July
Las Vegas Casino Revenue Drops Almost 40 Pct In July
August 26, 2020  |  Economy

As a sign that Las Vegas is grappling with bringing customers back, casino revenue on the Strip plunged nearly 40 percent to just over $330...

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11.3 Pct Hike In Auto Sales Drives Durable Goods Growth In July
11.3 Pct Hike In Auto Sales Drives Durable Goods Growth In July
August 26, 2020  |  Economy

Americans made virtual trips to car showrooms in July as new orders for manufactured durable goods, products lasting three years or more, increased by 11.2...

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World Economic Forum Pushes Davos Summit To Next Summer
World Economic Forum Pushes Davos Summit To Next Summer
August 26, 2020  |  Economy

The COVID-19 crisis has derailed plans to hold the World Economic Forum’s Davos event in January 2021. The organization announced on Wednesday (Aug. 26) that the...

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Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance
Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance
August 25, 2020  |  Loans

Mortgage lenders, seeking to keep losses low, are asking homebuyers if they plan to seek forbearance due to the current economic crisis, The Wall Street...

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Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
August 25, 2020  |  Economy

Retail employment in the U.K. has dropped 45 percent since May in the sharpest fall it has taken since the 2009 recession, the Confederation of...

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Experts: Restaurant Industry Could See Another Round Of Bankruptcies
Experts: Restaurant Industry Could See Another Round Of Bankruptcies
August 25, 2020  |  Economy

As the approaching colder months are set to make outdoor dining less feasible, and government money dries up, experts are predicting another cycle of restaurant...

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