economic impact

Bank of America: AI Poised to Disrupt Every Sector
Bank of America: AI Poised to Disrupt Every Sector
October 11, 2023  |  artificial intelligence

Artificial intelligence (AI) is predicted to have a significant economic impact, potentially reaching $15.7 trillion by the end of the decade, according to Bank of America....

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New Study Finds 70% of US Consumers Cutting Back on Nonessential Retail Purchases
New Study Finds 70% of US Consumers Cutting Back on Nonessential Retail Purchases
July 29, 2022  |  Consumer Finance

With prices increasing at the fastest rate since 1981, Americans are feeling the pinch. PYMNTS’ data reveals that 86% of United States consumers believe they...

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US Labor Dept. Says a Record 4.3 Million Quit Jobs in August
US Labor Dept. Says a Record 4.3 Million Quit Jobs in August
October 12, 2021  |  Economy

People are quitting their jobs in record numbers, led by the restaurant, bar and retail sectors, according to the Tuesday (Oct. 12) Job Openings and...

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COVID-19 Relief 101:  What’s Passed Already, What’s Up For Debate And What’s Next
COVID-19 Relief 101: What’s Passed Already, What’s Up For Debate And What’s Next
March 19, 2020  |  Coronavirus

While the COVID-19 has been a looming and growing threat on the global stage since almost the start of the new year, for U.S. citizens,...

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COVID-19 Batters $2.5T Trade Show Events Industry
COVID-19 Batters $2.5T Trade Show Events Industry
February 25, 2020  |  International

Despite the best efforts by health workers around the world, the coronavirus continues to spread in terms of cases, fatalities and nations where it has...

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Countries Brace For Global Economic Impact Of Coronavirus
Countries Brace For Global Economic Impact Of Coronavirus
February 11, 2020  |  International

Canada Finance Minister Bill Morneau said that the coronavirus is probably going to have a “real” impact on that country’s economy, according to a report...

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Digital Freight’s Bumpy Road As Virus Spreads, Macro Slows
Digital Freight’s Bumpy Road As Virus Spreads, Macro Slows
February 04, 2020  |  International

Tech-enabled disruptors promise to upend the way things have always been done to help streamline industries that are paper-reliant, process-reliant and perhaps ripe for a...

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PBOC Pumps $173B Into Chinese Economy To Combat Virus Impact
PBOC Pumps $173B Into Chinese Economy To Combat Virus Impact
February 03, 2020  |  International

The Chinese government braced for additional economic turmoil, took steps to bolster its lagging economy and activated new safety measures as the coronavirus epidemic spread...

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