economy

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

US Consumer Confidence Stays Strong In July
US Consumer Confidence Stays Strong In July
July 27, 2021  |  Economy

The Consumer Confidence Index, sitting at 129.1 in July, is mostly unchanged from its previous several months, according to a report from The Conference Board....

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Goldman Sachs Expects Spending Slowdown In Second Half Of Year, Cuts GDP Forecast 1 Pct
Goldman Sachs Expects Spending Slowdown In Second Half Of Year, Cuts GDP Forecast 1 Pct
July 26, 2021  |  Economy

Goldman Sachs has cut its perception for U.S. economic activity for the near future, with the reasons being twofold: the slowdown in consumer spending and...

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Fed To Discuss Cutting Back On Low Interest Rates Amid COVID-19 Surge, Inflation
Fed To Discuss Cutting Back On Low Interest Rates Amid COVID-19 Surge, Inflation
July 26, 2021  |  Economy

The Federal Reserve is planning to meet this week to discuss when and how it will scale back its low pandemic interest rates, given the...

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Delta Variant, Natural Disasters Strain Global Supply Chains
Delta Variant, Natural Disasters Strain Global Supply Chains
July 25, 2021  |  Economy

Supply chains connecting the world’s economies are at or near the breaking point due to the COVID-19 surge, natural disasters in Asia and Europe and...

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In The Heat Of Summer, US Business Activity Cools
In The Heat Of Summer, US Business Activity Cools
July 23, 2021  |  Economy

Business activity in the U.S. grew at a moderate pace in July for the second consecutive month, suggesting economic cooling in what was predicted to...

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Recovery’s Future Hangs Between The Two Faces Of Fall: Fear And Optimism
Recovery’s Future Hangs Between The Two Faces Of Fall: Fear And Optimism
July 22, 2021  |  Economy

As of mid-July, just under half (49.3 percent) of Americans report being vaccinated and roughly 57 percent are halfway there with a single dose. While...

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New Jobless Claims Surge Amid Worker Shortages
New Jobless Claims Surge Amid Worker Shortages
July 22, 2021  |  Economy

The Labor Department’s Thursday (July 22) report showed that new weekly jobless claims for the week ending July 17 unexpectedly went up to 419,000, an...

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Watchdog Group: UK Public Finances At Risk If Work-From-Home Continues
Watchdog Group: UK Public Finances At Risk If Work-From-Home Continues
July 21, 2021  |  International

Britain’s public finances could be in jeopardy as part of the permanent shift toward working from home, according to a member of the government’s independent...

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US Collection Agencies Trying To Recoup $140B In Consumer Medical Debt
US Collection Agencies Trying To Recoup $140B In Consumer Medical Debt
July 20, 2021  |  Debt

Medical debt in the U.S. is more than any government department was aware, with collection agencies trying to recoup debts totaling some $140 billion, The...

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