economy

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

Inflation, Consumer Confidence Point to Bumpy Holiday Spending Season

Inflation, Consumer Confidence Point to Bumpy Holiday Spending Season
Inflation, Consumer Confidence Point to Bumpy Holiday Spending Season
October 06, 2021  |  Economy

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Uptick in Business Bankruptcies Expected
Uptick in Business Bankruptcies Expected
October 06, 2021  |  Economy

Business bankruptcies are predicted to rise next year as governments pull the plug on pandemic-related financial support, CNBC reported on Wednesday (Oct. 6), citing a...

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Gen X Households Gained $13T in Assets Since Q1 2020
Gen X Households Gained $13T in Assets Since Q1 2020
October 05, 2021  |  Consumer Payments

Generation X has been seeing a boost in wealth since the pandemic began, according to data from the Federal Reserve, per Bloomberg. Get the Full...

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Stock Market Instability Leads to Shelved IPOs 
Stock Market Instability Leads to Shelved IPOs 
October 05, 2021  |  IPO

Initial public offerings (IPOs) are being put on hold as an unstable stock market leads to wariness among investors, according to a Tuesday (Oct. 5)...

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Hollywood’s Behind-the-Scenes Workers OK Strike Over Streaming Pay, Hours
Hollywood’s Behind-the-Scenes Workers OK Strike Over Streaming Pay, Hours
October 04, 2021  |  Economy

The union representing the professionals working behind the scenes in Hollywood — set builders, costume designers, video engineers and others — authorized a strike following...

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Consumer Spending, Income Show Gains In August
Consumer Spending, Income Show Gains In August
October 01, 2021  |  Economy

U.S. personal consumer expenditures (PCE) rose 0.8% ($130.5 billion) last month, coinciding with an uptick in personal income of 0.2% ($35.5 billion) and a 0.1%...

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New Data: Only One-Quarter of Post-Pandemic Consumers Eager To Get Out — and Spend — More
New Data: Only One-Quarter of Post-Pandemic Consumers Eager To Get Out — and Spend —...
October 01, 2021  |  Economy

The United States has turned a new corner on the pandemic. Vaccination rates are rising, and, in turn, consumers’ worries about infection are receding. Health...

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New Jobless Claims Up for Third Consecutive Week
New Jobless Claims Up for Third Consecutive Week
September 30, 2021  |  Economy

The number of new jobless claims inched up again for the third week in a row, hitting 362,000 for the week ending Sept. 25, up...

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