economy

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

Inflation, COVID Harming EU Consumer Confidence 

Inflation, COVID Harming EU Consumer Confidence 
Inflation, COVID Harming EU Consumer Confidence 
November 29, 2021  |  Economy

Inflation and a rise in new COVID-19 cases has led to a drop in consumer confidence in the European Union, the European Commission reported Monday...

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Inflation Is Strong, but Consumer Spending Might Be Stronger
Inflation Is Strong, but Consumer Spending Might Be Stronger
November 24, 2021  |  Economy

Even in the face of the fast inflation in three decades, American consumers don’t seem to be afraid to spend. Get the Full Story Complete...

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Aircraft Demand Drop Triggers Downturn in US Durable Goods Orders
Aircraft Demand Drop Triggers Downturn in US Durable Goods Orders
November 24, 2021  |  Economy

The U.S. Commerce Department on Wednesday (Nov. 24) released a report showing a surprise drop in new orders for durable goods manufactured in the country...

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Rising Inflation Lowers Consumer Confidence
Rising Inflation Lowers Consumer Confidence
November 24, 2021  |  Economy

Consumer sentiment dipped to its lowest point in decades amid rising inflation and a decline in living standards, according to a Wednesday (Nov. 24) report...

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US Jobless Claims Drop 71K to 199K
US Jobless Claims Drop 71K to 199K
November 24, 2021  |  Economy

U.S. jobless claims fell to their lowest level in 52 years, dropping to 199,000 for the week ending Nov. 20, the Labor Department announced Wednesday...

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Rising COVID Cases Hampering Europe’s Recovery
Rising COVID Cases Hampering Europe’s Recovery
November 24, 2021  |  Economy

Europe’s shaky economic recovery could be derailed by a rise in new COVID-19 cases, which has led governments to place restrictions that could turn shoppers...

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US Consumers’ Savings Dip from Pandemic-Era Highs
US Consumers’ Savings Dip from Pandemic-Era Highs
November 23, 2021  |  Consumer Finance

Headlines show the employment picture is brightening a bit, economies are reopening … and perhaps, just perhaps, U.S. households are feeling more sanguine about their...

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Europe’s COVID Spike Leads to Slump in Payments Stocks
Europe’s COVID Spike Leads to Slump in Payments Stocks
November 23, 2021  |  Stock Index

Visa, Mastercard and other payments stocks were on the decline on Tuesday (Nov. 23) amid a spike in COVID-19 cases in Europe. Get the Full...

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