Economy

Economy
US Stimulus Payments Pass The 150-Million Mark
April 07, 2021

More than 25 million people received their Economic Impact Payments from the U.S. government on Wednesday (April 7), bringing the total disbursed so far to more than 156 million payments, or $372 billion. Get the Full Story Complete the form to unlock this article and...

Economy
JPMorgan’s Dimon Forecasts Economic Boom Post-Pandemic
April 07, 2021

J.P. Morgan Chase & Co. CEO Jamie Dimon said in his annual letter to shareholders that as the world emerges from COVID-19, he anticipates that the country will see boom times that could last until 2023. Get the Full Story Complete the form to unlock this...

Economy
IMF Boosts 2021 Global Growth Forecast To 6 Percent
April 06, 2021

The International Monetary Fund (IMF) on Tuesday (April 6) raised its forecast for global growth in 2021 to 6 percent, an increase of 0.5 percentage points from the 5.5 percent growth forecast the institution issued in January of this year. Get the Full Story Complete...

Economy
Nonfarm Jobs Up By 916K As Economy Begins Rebound
April 02, 2021

The U.S. economy took a big step forward in March with total nonfarm payroll employment up by 916,000, beating analysts’ predictions. In addition, the unemployment rate inched down to down to 6.0 percent, the U.S. Bureau of Labor Statistics on Friday (April 2). Get the...

Economy
New Jobless Claims Edge Up Slightly
April 01, 2021

First-time claims for unemployment benefits edged up a bit in the week ending March 27, but were still on the low side in terms of pandemic-period claims. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Mastercard Partners Up To Advance Digital Economy Via Financial Inclusion
April 01, 2021

While the third round of stimulus payments have been steadily pouring into bank accounts across the country, there are still a portion of Americans who have not received their much-needed funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
States Pursue Online Gambling in Bid to Restore Tax Coffers Hit by Pandemic
March 31, 2021

The pandemic has spurred states to scramble to find more revenue streams in place to combat the impact of COVID-19 on tax coffers amid business closings and layoffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Treasury: Stimulus Checks For Social Security Recipients To Go Out This Weekend
March 30, 2021

The IRS and the U.S. Department of the Treasury said stimulus payments will begin to be issued this weekend (April 3 and 4) for those who didn’t file tax returns, including Social Security residents, according to a press release. The payments are projected to be...

Economy
Pandemic Aid, Gov’t Measures Help Hold Off Bankruptcies
March 29, 2021

As government support buttressed income and staved off some obligations, the number of individuals filing for bankruptcy dropped precipitously during the pandemic, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...