economy

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

The Great Reopening 101: What We Know About The Phased Return To ‘Normal’ So Far

The Great Reopening 101: What We Know About The Phased Return To ‘Normal’ So Far
The Great Reopening 101: What We Know About The Phased Return To ‘Normal’ So Far
April 19, 2020  |  Economy

The U.S. economy has been for all intents and purposes shut down due to the global coronavirus pandemic for the last four to six weeks,...

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Clothing Brands Want Steep Vendor Discounts To Keep Orders
Clothing Brands Want Steep Vendor Discounts To Keep Orders
April 19, 2020  |  B2B Payments

Big-name clothing brands are either canceling orders or demanding big discounts from manufacturers in Bangladesh, a South Asian country that is already deeply suffering because...

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Restaurants And Insurers Square Off In Battle Over Pandemic Payments
Restaurants And Insurers Square Off In Battle Over Pandemic Payments
April 19, 2020  |  Economy

A lobbying effort has pitted the restaurant industry against insurers as the American economy attempts to find its way out of the coronavirus pandemic, according...

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24 Hour Fitness May File For Bankruptcy Amid Pandemic
24 Hour Fitness May File For Bankruptcy Amid Pandemic
April 19, 2020  |  Economy

Fitness chain 24 Hour Fitness is looking at a possible bankruptcy due to the coronavirus, as well as mounting debt concerns and the fact that...

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Chamber CEO Donohue Urges Congress To Pass More Stimulus Measures On Monday
Chamber CEO Donohue Urges Congress To Pass More Stimulus Measures On Monday
April 19, 2020  |  Loans

Tom Donohue, CEO of the U.S. Chamber of Commerce, is urging Congress to finish up a plan for the next round of stimulus spending by...

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Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
April 17, 2020  |  News

In today’s top news, Uber withdrew 2020 guidance as it anticipate revenue decline, and China’s economy will record its first-ever GDP loss. Plus, banks can...

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China’s GDP Drop Creates Global Ripple Effects For Retail
China’s GDP Drop Creates Global Ripple Effects For Retail
April 17, 2020  |  Cross-border Payments

What will the ripple effects be for retailers (in the U.S. and around the globe) as China’s economy shrinks? Get the Full Story Complete the...

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The Rocky Road To Recovery: Cashless And Contactless, The Credit Crunch And A Community Effort
The Rocky Road To Recovery: Cashless And Contactless, The Credit Crunch And A Community Effort
April 17, 2020  |  News

As the COVID-19 crisis is now stretching toward the two-month mark, the size of its impact to the economy is becoming more well-defined and worrisome....

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