economy

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

Fed Officials Expect Lingering Economic Impact Of Virus

Fed Officials Expect Lingering Economic Impact Of Virus
Fed Officials Expect Lingering Economic Impact Of Virus
August 19, 2020  |  Economy

The Federal Reserve Open Market Committee (FOMC) said economic activity in the U.S. appears to have “picked up” in May and June after steep decreases...

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Cuomo: NYC Restaurants May Have To Close In Colder Weather
Cuomo: NYC Restaurants May Have To Close In Colder Weather
August 19, 2020  |  Economy

New York Gov. Andrew Cuomo has said New York City restaurants may have to close down again in the fall due to the coronavirus and...

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Trump Calls For Amazon To Cover Post Office Costs With Higher Rates
Trump Calls For Amazon To Cover Post Office Costs With Higher Rates
August 18, 2020  |  Amazon

President Donald Trump said Tuesday (Aug. 18) that Amazon should pay more in shipping to cover the lagging finances of the U.S. Postal Service, Bloomberg...

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Walmart Earnings Fuel Concerns Over Retail’s Stimulus-Fueled Recovery
Walmart Earnings Fuel Concerns Over Retail’s Stimulus-Fueled Recovery
August 18, 2020  |  Retail

In commerce as in life, progress is often either permanent or ephemeral. In which camp the fledgling U.S. retail recovery rests remains to be seen....

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Japan’s Oyo Hotel Startup Gets Management Help From Investor SoftBank
Japan’s Oyo Hotel Startup Gets Management Help From Investor SoftBank
August 18, 2020  |  Startups

SoftBank is dispatching officials to help one of its largest startups, Oyo, which is besieged by the pandemic’s economic effects, according to Bloomberg. Get the...

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New Home Construction Surges As Suburbs Gain In Popularity
New Home Construction Surges As Suburbs Gain In Popularity
August 18, 2020  |  Real Estate

Home construction surged in July as real estate emerges as a bright spot in a U.S. economy struggling to rebound in the wake of the...

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The Own-To-Rent Impact On Residential Real Estate Sales
The Own-To-Rent Impact On Residential Real Estate Sales
August 18, 2020  |  Real Estate

When the U.S. economy crashed in 2008 and kicked off the Great Recession, the U.S. housing market more or less fell into a gutter, where...

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Q2 Mortgage Delinquency Rate Highest In 9 Years
Q2 Mortgage Delinquency Rate Highest In 9 Years
August 17, 2020  |  Loans

Mortgage loans saw delinquency rates spiking in the second quarter of the year as the pandemic continued, according to a press release from the Mortgage...

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