economy

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

China’s Economy Shows Mixed Second-Quarter Momentum
China’s Economy Shows Mixed Second-Quarter Momentum
July 15, 2021  |  International

Amid rising commodity prices and supply chain disruptions, the economy in China saw a slowdown from April through June from its accelerated pace between January...

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Jobless Claims Hit New Post-Pandemic Low
Jobless Claims Hit New Post-Pandemic Low
July 15, 2021  |  Economy

New jobless claims in the week ending July 10 dropped to 360,000, down 26,000 from the previous week’s revised level, according to the July 15 report from...

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Costs Of Inflation, And Then Some, Pass Onto The Consumer
Costs Of Inflation, And Then Some, Pass Onto The Consumer
July 13, 2021  |  Economy

In most economies, especially those going through a rebound, inflation (at some point) is a fact of life. Merchants, faced with the rising costs of...

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Bullard: Fed Should Scale Back On Central Bank Bond Buying
Bullard: Fed Should Scale Back On Central Bank Bond Buying
July 13, 2021  |  Economy

It’s time for the Federal Reserve to ease up on bond-buying by the central bank, in part because keeping it up could cause problems in...

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Consumer Price Index Hits Highest Level In 13 Years
Consumer Price Index Hits Highest Level In 13 Years
July 13, 2021  |  Economy

The consumer price index (CPI) is up 0.9 percent in June and 5.4 percent over the last 12 months, marking the highest increases since August...

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Survey: Consumers Expect Inflation, Income And Spending To Rise
Survey: Consumers Expect Inflation, Income And Spending To Rise
July 12, 2021  |  Economy

Consumers expect inflation, income and spending to rise, according to the June 2021 Survey of Consumer Expectations, a monthly gauge of economic health by the...

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New COVID Wave Triggered By Delta Variant Could Stall Europe’s Recovery
New COVID Wave Triggered By Delta Variant Could Stall Europe’s Recovery
July 12, 2021  |  Economy

Increasing numbers of Europeans infected with the Delta coronavirus variant could slow the region’s economic recovery and cause the necessity of new restrictions, the Financial...

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US SMBs Squeezed By Supply Chain Delays, Higher Rates
US SMBs Squeezed By Supply Chain Delays, Higher Rates
July 11, 2021  |  SMBs

Small- to medium-sized businesses (SMBs) in the U.S. are trying to recover from the pandemic, but long waits and high costs for merchandise deliveries might...

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US Engagement Ring Sales Up 20 Pct Over Pre-Pandemic Rate
US Engagement Ring Sales Up 20 Pct Over Pre-Pandemic Rate
July 11, 2021  |  Retail

Maybe it’s because they’re forever and even terrible pandemics aren’t, but sales of diamonds appear to be roaring back after a pandemic slump, CNN reported....

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