economy

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

Berkshire Hathaway Buys 11.3 Pct Of Bank Of America Shares

Berkshire Hathaway Buys 11.3 Pct Of Bank Of America Shares
Berkshire Hathaway Buys 11.3 Pct Of Bank Of America Shares
July 23, 2020  |  Investments

Berkshire Hathaway, the Warren Buffett-helmed conglomerate that owns Geico, upped its stake in Bank of America (BoA) by over $800 million, in what the Financial...

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IRS Says Much Of Next Stimulus Payout Will Be Faster Direct Deposits
IRS Says Much Of Next Stimulus Payout Will Be Faster Direct Deposits
July 23, 2020  |  Real-Time Payments

The money for a second round of $1,200 stimulus checks for individual Americans could come quicker than the first, according to The Wall Street Journal...

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Las Vegas Not Near Normal As Casinos Curtail Offerings
Las Vegas Not Near Normal As Casinos Curtail Offerings
July 23, 2020  |  Economy

In a sign that the Las Vegas Strip is not near its usual level of operations, Wynn Resorts Ltd. is positioned to put staffers on...

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White House And Republican Senators Agree On $1T Stimulus Plan
White House And Republican Senators Agree On $1T Stimulus Plan
July 23, 2020  |  Economy

The Republican version of the Coronavirus Aid, Relief and Economic Security Act (CARES Act) 4.0, has been hammered out. Get the Full Story Complete the...

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Higher Education Aims To Reduce Costs Amid Pandemic
Higher Education Aims To Reduce Costs Amid Pandemic
July 22, 2020  |  Economy

Institutions of higher education are taking strong measures to stay on an even keel as they encounter less state funding, decreased contributions and a falling...

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Report: PPP Helped SMBs Retain 2.3M Employees
Report: PPP Helped SMBs Retain 2.3M Employees
July 22, 2020  |  SMBs

The Paycheck Protection Program (PPP), enacted to help small- to medium-sized businesses (SMBs) retain employees during the pandemic, was able to save around 2.3 million...

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Airlines Confront Grim Q2 As New COVID Fears Slam Travel Recovery
Airlines Confront Grim Q2 As New COVID Fears Slam Travel Recovery
July 22, 2020  |  Travel Payments

It was a bad week for airline stocks as bookings contracted on renewed coronavirus fears. PYMNTS reported earlier this week on new Transportation Security Agency (TSA) figures that travelers...

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United Airlines’ Chief: Vaccine Needed To Return To Normal
United Airlines’ Chief: Vaccine Needed To Return To Normal
July 22, 2020  |  Travel Payments

The outlook for the airline industry looks cloudy — at best — until there is a COVID-19 vaccine. In fact, United Airlines‘ chief said revenues...

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