economy

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

US Consumers Remain Resilient Despite Q4 GDP Revisions

US Consumers Remain Resilient Despite Q4 GDP Revisions
US Consumers Remain Resilient Despite Q4 GDP Revisions
February 27, 2020  |  Economy

One of the most enduring stories of the record economic expansion that has marked the past decade has been the resilience of the U.S. consumer. And...

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PayPal Warns Of Q1 Revenue Hit From Coronavirus
PayPal Warns Of Q1 Revenue Hit From Coronavirus
February 27, 2020  |  Economy

PayPal said that after thoroughly analyzing the evolving Coronavirus effect, it is anticipating about a 1 percent drop in its first-quarter 2020 revenue, closer to...

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Expedia To Cut 12 Pct. Of Staff
Expedia To Cut 12 Pct. Of Staff
February 25, 2020  |  Personnel

Travel site Expedia has announced that it will cut 3,000 workers in an attempt to streamline its “bloated” company after the exit of its CFO...

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Index Reflects Stalled US Consumer Confidence
Index Reflects Stalled US Consumer Confidence
February 25, 2020  |  Economy

The consumer confidence index, which measures people’s assessment of the business and labor environment, rose less than expected for the month of February, according to...

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Fed: ‘Great Uncertainty’ Around Impact To US Economy
Fed: ‘Great Uncertainty’ Around Impact To US Economy
February 25, 2020  |  Cross-border Payments

Officials with the Federal Reserve don’t know yet precisely how severe the impact from the coronavirus will be, and on Monday (Feb. 24) said they...

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Coronavirus Cases Climb; Dow Sinks Along With Mortgage Rates 
Coronavirus Cases Climb; Dow Sinks Along With Mortgage Rates 
February 24, 2020  |  Cross-border Payments

As the Coronavirus spreads beyond the borders of Asia, its effects are casting a widening shadow that is being felt in just about every industry,...

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Coronavirus Ripple Effect: Cross-Border Tourism, Retail Sales and Supply Chains Down
Coronavirus Ripple Effect: Cross-Border Tourism, Retail Sales and Supply Chains Down
February 24, 2020  |  Cross-border Payments

Not all black swan events are created equally, at least when it comes to certain business verticals. Get the Full Story Complete the form to...

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Fed’s Bullard Sees Coronavirus As Having ‘Short-Term’ Impact
Fed’s Bullard Sees Coronavirus As Having ‘Short-Term’ Impact
February 21, 2020  |  Economy

Call the Coronavirus a short-term blip, perhaps, or a temporary shock. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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