U.S. economy

Economists Expect Limited Macro Impact From Student Loan Payment Resumption
Economists Expect Limited Macro Impact From Student Loan Payment Resumption
October 02, 2023  |  Consumer Finance

The resumption of student loan payments will be only “a drop in the bucket” for the broader household sector, according to three Wells Fargo economists. While...

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Threatened UPS Strike Could Cost US Economy Billions
Threatened UPS Strike Could Cost US Economy Billions
July 13, 2023  |  Delivery

A looming strike at United Parcel Service (UPS) could have a sharp economic impact. A strike could cost over $7 billion in losses for just one...

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Will ‘Zombie Companies’ Eat The US Economy?
Will ‘Zombie Companies’ Eat The US Economy?
June 16, 2020  |  Economy

You know the setup — the one that’s part of seemingly every horror movie ever made. Would-be victims use their wits to outrun hordes of...

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Fed Bets Trillions In SMB Lending That Consumers Will Return
Fed Bets Trillions In SMB Lending That Consumers Will Return
April 10, 2020  |  Loans

A quick recovery may be in the cards. But so might a “false start.” Thursday morning, the U.S. Federal Reserve said that it had launched...

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U.S. Economic Growth ‘Still On Track’
U.S. Economic Growth ‘Still On Track’
November 28, 2019  |  Economy

While the U.S. economy is going into the fourth quarter strong, there are concerns about weaker consumer spending this holiday season. The Wall Street Journal...

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Personal Loan Growth Hints At Strategy Vs Credit Card Debt
Personal Loan Growth Hints At Strategy Vs Credit Card Debt
November 26, 2019  |  Consumer Finance

Call it a case of six of one, half dozen of the other. Call it a case of financial alchemy. Call it maybe — just...

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Number Of $100 Bills In Use Has Doubled Since 2008
Number Of $100 Bills In Use Has Doubled Since 2008
February 28, 2019  |  Security & Fraud

New data shows the number of U.S. $100 bills in circulation has doubled since 2008, with more than 12 billion of them around the world....

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Retail Sales Fell 1.2 Pct In December To $505.8B
Retail Sales Fell 1.2 Pct In December To $505.8B
February 14, 2019  |  Retail

As consumers contained their spending at the end of 2018, a consumer spending indicator posted its biggest decline in a decade. Retail sales fell by...

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Gov’t Shutdown May Have Cost The US $6B
Gov’t Shutdown May Have Cost The US $6B
January 28, 2019  |  Economy

The partial shutdown of the U.S. federal government – which lasted 35 days, the longest in modern history – cost the U.S. economy $6 billion,...

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