Economy

Economy
Hooray For Hollywood: Movie Theaters Draw Crowds In LA
March 21, 2021

Los Angles, following New York by two weeks, reopened movie theaters this weekend (March 19 and 20) — and to the extent they were allowed to under tight new limits, fans flocked to them, The Wall Street Journal (WSJ) reported. Get the Full Story Complete...

Economy
Restaurant, Travel, Self-Improvement Spending Fuels Economic Recovery
March 19, 2021

Have you eaten in a restaurant recently? Booked a hotel room? Treated yourself to a spa day? If so, you’re helping to jump-start the U.S. economy, The Wall Street Journal reported on Friday (March 19). Get the Full Story Complete the form to unlock this...

Economy
Philly Fed Survey Reveals Record-Breaking Trends In Manufacturing Sector
March 18, 2021

After a year of dire economic news and gloomy predictions, the March 2021 Manufacturing Business Outlook Survey from the Federal Reserve Bank of Philadelphia has provided a break in the clouds. The report surveyed industry leaders in the Northeast manufacturing sector between March 8-15 and...

Economy
Jobless Claims Below 800,000 For Fourth Consecutive Week
March 18, 2021

Spring weather, loosening COVID-19 restrictions and a fresh round of stimulus helped keep new jobless claims below 800,000 for the fourth week in a row, although numbers inched up a bit from the previous week. Get the Full Story Complete the form to unlock this...

Economy
TurboTax, H&R Block Still Struggling With Stimulus Check Deposit Errors
March 18, 2021

TurboTax and other tax prep companies, despite working with the U.S. government, don’t have the answers on why some people don’t have their $1,400 stimulus checks in the right accounts or even at all, according to a Wednesday (March 17) CNBC report. Get the Full...

Economy
US Travel Takes $1.1 Trillion Hit; 42 Percent Off 2019
March 17, 2021

The travel industry closed the books on 2020 with $1.1 trillion in losses, a 42 percent contraction from the previous year, plunging to $1.5 trillion from $2.6 trillion, the U.S. Travel Association announced Wednesday (March 17) in a press release, citing new data prepared by...

Economy
Treasury Disbursed $242 Billion In Relief Funds To 90 Million Americans
March 17, 2021

President Joe Biden’s $1.9 trillion American Rescue Plan released its first tranche of pandemic relief, so far distributing an estimated $242 billion in payments to approximately 90 million people. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Amazon CEO Bezos Turns Down Senate Testimony Invite From Sanders
March 15, 2021

Amazon’s Jeff Bezos told Sen. Bernie Sanders (D-Vermont) that he won’t be testifying at the upcoming Senate Budget Committee hearing on inequality, CNN reported on Friday (March 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Stimulus III: Turning Savers Into Spenders Could Define Economic Recovery
March 15, 2021

The next six weeks will arguably be the most impactful slice of economic time since 2008 and maybe of the last 50 years. What many analysts have called “the great American social experiment” has already kicked off as many Americans have received their share of...