economy

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

Data Shows Less US Home Mortgages In Forbearance First Since March

Data Shows Less US Home Mortgages In Forbearance First Since March
Data Shows Less US Home Mortgages In Forbearance First Since March
June 23, 2020  |  Loans

The latest Forbearance and Call Volume Survey by the Mortgage Bankers Association (MBA) has seen a decrease in the number of loans up for forbearance,...

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Chinese Businesses Predict Economy Will Shrink This Year
Chinese Businesses Predict Economy Will Shrink This Year
June 23, 2020  |  Cross-border Payments

China, the world’s second-largest economy – which has reopened after months of lockdown – is expected to shrink this year, according to a survey, CNBC...

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Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
June 22, 2020  |  News

In today’s top news, Wirecard says the missing $2.1 billion from its Philippines accounts probably never existed, and checkout.com raised $150 million. Plus, U.S. consumers...

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US Banks Saw $2T Increase In Deposits During Pandemic
US Banks Saw $2T Increase In Deposits During Pandemic
June 22, 2020  |  Banking

A record $2 trillion has been deposited into U.S. bank accounts since the coronavirus first hit the U.S. in January, according to a report by...

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UK Financial Regulator Proposes Extended Grace Period Amid COVID-19
UK Financial Regulator Proposes Extended Grace Period Amid COVID-19
June 19, 2020  |  Economy

A top British financial services regulator Friday proposed new regulations that could help borrowers bracing for the end of consumer protections implemented as COVID-19 bore...

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Economists Recommend More Lenient Terms For Main Street Lending Program
Economists Recommend More Lenient Terms For Main Street Lending Program
June 18, 2020  |  Loans

A pair of former Federal Reserve economists said they think the government should ease the rules on who can participate in the U.S.’s Main Street...

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