economy

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

June Air Travel Volume Off 86 Pct From Last Year

June Air Travel Volume Off 86 Pct From Last Year
June Air Travel Volume Off 86 Pct From Last Year
July 28, 2020  |  Travel Payments

The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case...

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Consumer Confidence Points To Rough Retail Holiday Season
Consumer Confidence Points To Rough Retail Holiday Season
July 28, 2020  |  Economy

A new spate of data show consumer confidence might be on shaky ground — even as we head into the all-important holiday shopping season. Get...

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US Manufacturing Shows Signs Of Improvement
US Manufacturing Shows Signs Of Improvement
July 27, 2020  |  Economy

The U.S. manufacturing sector increased in viability in June by 7.3 percent, or $14 billion — although the numbers might not hold if the pandemic...

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US Firms Expected To Lower Cash Holdings Amid Pandemic
US Firms Expected To Lower Cash Holdings Amid Pandemic
July 27, 2020  |  B2B Payments

Businesses have responded to the pandemic by tapping into their cash reserves, as around 32 percent of businesses plan to diminish their cash holdings in...

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America’s Work-From-Home Transition Will Have Many Economic Ripples
America’s Work-From-Home Transition Will Have Many Economic Ripples
July 27, 2020  |  Economy

About 14 percent of U.S. employees worked remotely before the COVID-19 pandemic, according to Bureau of Labor statistics. And while official figures have yet to be...

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Today In Payments: Economists Predict Recovery Will Take Two Years Or More; Google Faces Lawsuit In Australia
Today In Payments: Economists Predict Recovery Will Take Two Years Or More; Google Faces Lawsuit...
July 27, 2020  |  News

In today’s top news, economists say the U.S. economy could take two years to recover, and Google faces a lawsuit in Australia over its use...

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Poll: Economists Predict Two-Plus Years For US Economy To Recover
Poll: Economists Predict Two-Plus Years For US Economy To Recover
July 27, 2020  |  Economy

As lockdowns resume in many U.S. states from a surge in coronavirus cases, a poll suggests the economic recovery has slowed. Get the Full Story...

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Synchrony CEO Warns Of US Credit Card Default Crisis
Synchrony CEO Warns Of US Credit Card Default Crisis
July 27, 2020  |  Debt

Two leading executives in the store credit card industry said they are nervous that when the federal $600-a-week bump for recipients of state unemployment benefits...

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