economy

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

From Disruptors to Disrupted: Robinhood, Others, Face Business Model Challenges 

From Disruptors to Disrupted: Robinhood, Others, Face Business Model Challenges 
From Disruptors to Disrupted: Robinhood, Others, Face Business Model Challenges 
September 03, 2021  |  Legal & Regulation

The business models that have promised to be disruptors are, in some cases, themselves being disrupted. Get the Full Story Complete the form to unlock...

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SPAC Shares Have Plummeted 25% Since Feb.
SPAC Shares Have Plummeted 25% Since Feb.
September 02, 2021  |  Economy

Special purpose acquisition companies (SPACs) have seen a rout wipe out much of their value after looking promising earlier in the year, The Wall Street...

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New Jobless Claims Drop To Lowest Level Since Pandemic’s Start
New Jobless Claims Drop To Lowest Level Since Pandemic’s Start
September 02, 2021  |  Economy

New jobless claims for the week ending Aug. 28 dropped 14,000 to 340,000, beating forecasts of 345,000 and hitting the lowest level yet since the...

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China to Send Banks Money for SMB Aid
China to Send Banks Money for SMB Aid
September 01, 2021  |  Loans

China’s central bank is planning to provide 300 billion yuan, or $46.4 billion, in low-cost funding to aid banks in providing support for small- and...

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Report: Cutting Unemployment Benefits Generated Minimal Job Gains
Report: Cutting Unemployment Benefits Generated Minimal Job Gains
September 01, 2021  |  Economy

Depending on the state where U.S. residents live, they had a 50/50 chance of having their enhanced federal unemployment benefits terminated early. Yet, regardless of...

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Afghani Banks Remain Closed After Takeover; Consumers Struggle To Get Cash
Afghani Banks Remain Closed After Takeover; Consumers Struggle To Get Cash
August 31, 2021  |  Cross-border Payments

With its central bank effectively leaderless and the Afghani dollar in a nosedive, geopolitical aspects of the Taliban takeover are being overshadowed by the collapse...

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August US Consumer Confidence Lowest in 6 Months
August US Consumer Confidence Lowest in 6 Months
August 31, 2021  |  Economy

Confidence among U.S. consumers dropped in August to its lowest level since February as the COVID-19 delta variant continued its spread and higher inflation rates...

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Federal Pandemic Jobless Benefits Ending Despite Rising COVID-19 Cases
Federal Pandemic Jobless Benefits Ending Despite Rising COVID-19 Cases
August 31, 2021  |  Economy

Millions of unemployed workers will be kicked off federal pandemic unemployment assistance (PUA) on Saturday (Sept. 4), even though the return to work is backsliding...

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