economy

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

Americans’ Favorite Pandemic Activity? Shopping

Americans’ Favorite Pandemic Activity? Shopping
Americans’ Favorite Pandemic Activity? Shopping
January 05, 2022  |  Retail

Americans’ penchant for nonstop shopping during the ongoing COVID-19 pandemic is likely to trigger increased inflation, according to National Retail Federation chief economist Jack Kleinhenz...

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IMF Postpones World Economic Outlook to Consider Latest COVID Data
IMF Postpones World Economic Outlook to Consider Latest COVID Data
January 05, 2022  |  Economy

The International Monetary Fund (IMF) is postponing its World Economic Outlook by about a week until Jan. 25 to account for the more recent developments...

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US Lawmakers Eye New COVID-19 Stimulus Funding for Businesses
US Lawmakers Eye New COVID-19 Stimulus Funding for Businesses
January 05, 2022  |  Economy

U.S. lawmakers are debating more COVID-19 stimulus funding for the business community in an effort to stem the tide of economic struggles tied to the...

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PayPal: 2021 Was the Year of Reinvention
PayPal: 2021 Was the Year of Reinvention
January 05, 2022  |  Opinion

Last year brought the digital divide into sharp focus, Doug Bland, PayPal senior vice president, Global Credit and Financial Services tells PYMNTS, noting that businesses...

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Big Retailers Raising Wages Faster Than New $15 State Mandates
Big Retailers Raising Wages Faster Than New $15 State Mandates
December 29, 2021  |  Retail

Of the 26 states — and Washington, D.C. — mandating minimum wage raises in 2022, California and New York are the only states that will...

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December Report: 40% of Consumers Pessimistic About Economy
December Report: 40% of Consumers Pessimistic About Economy
December 28, 2021  |  Economy

As the COVID-19 pandemic continues its spread across the U.S. and around the world, people are becoming increasingly troubled about the state of the economy,...

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How’s Recovery? It Depends on Where You Live
How’s Recovery? It Depends on Where You Live
December 28, 2021  |  Economy

What does the rate of post-pandemic growth look like? It might depend on who you ask. More to the point, it might depend on where...

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Antitrust Won’t Help to Fight Inflation, Says Former Treasury Sec Larry Summers
Antitrust Won’t Help to Fight Inflation, Says Former Treasury Sec Larry Summers
December 28, 2021  |  Economy

Larry Summers, former Secretary of the Treasury, in a series of tweets criticized the Biden administration for allegedly trying to use antitrust policy to fight inflation. Get the Full...

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