economy

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

World Economy Set to Surpass $100T for First Time in 2022

World Economy Set to Surpass $100T for First Time in 2022
World Economy Set to Surpass $100T for First Time in 2022
December 27, 2021  |  Cross-border Payments

Global economic output will top $100 trillion for the first time next year. China, however, will need a bit longer to reach the top of...

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The 21 Months That Changed the World and Ignited the Great Digital Shift
The 21 Months That Changed the World and Ignited the Great Digital Shift
December 24, 2021  |  Economy

Transport yourself back to April 2020. A national emergency had been declared on March 11, and the lockdowns started soon afterward. Employees in the millions...

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Key US Delivery Hub Suffering Labor Shortage
Key US Delivery Hub Suffering Labor Shortage
December 22, 2021  |  Economy

Louisville, Kentucky — which was a major delivery hub for U.S. carriers even before the COVID-19 pandemic turbo-charged online shopping — is suffering a severe...

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Note to Retailers: Consumers Want it Fast, Easy and Now Cheap
Note to Retailers: Consumers Want it Fast, Easy and Now Cheap
December 22, 2021  |  Retail

It’s a rough world out there right now, to put it lightly. And the retail industry is seeing the effects. Inflation is at the highest level...

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Missed Housing Payments Signal Further Pressures on Paycheck-to-Paycheck Consumers 
Missed Housing Payments Signal Further Pressures on Paycheck-to-Paycheck Consumers 
December 21, 2021  |  Consumer Payments

The pressures are mounting for paycheck-to-paycheck consumers as pandemic-era pauses on some of the most significant monthly obligations are expiring. Get the Full Story Complete...

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Inflation, COVID Variants Pose Fresh Challenges for Paycheck-to-Paycheck Consumers in 2022
Inflation, COVID Variants Pose Fresh Challenges for Paycheck-to-Paycheck Consumers in 2022
December 21, 2021  |  Economy

The stimulus checks are largely disbursed. New COVID-19 variants are here. Inflation is running at record highs. Get the Full Story Complete the form to...

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Mortgage Bankers Report “Substantial” Missed Payments
Mortgage Bankers Report “Substantial” Missed Payments
December 20, 2021  |  Consumer Payments

With mortgage protections winding down and the federal eviction moratorium no longer in place, a “substantial” number of people are missing housing payments, according to...

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Goldman Sachs: Loss of Child Tax Credit Could Upend Economic Recovery
Goldman Sachs: Loss of Child Tax Credit Could Upend Economic Recovery
December 20, 2021  |  Economy

U.S. economic recovery could stall if the estimated 65 million households receiving monthly child tax credits are cut off at the end of the year,...

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