economy

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

Philippines Shutting Down Digital Bank Requests

Philippines Shutting Down Digital Bank Requests
Philippines Shutting Down Digital Bank Requests
August 19, 2021  |  Banking

Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Thursday (Aug. 19) announced that the country’s central bank would stop accepting digital banking applications on Sept....

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New Pandemic Low For Jobless Claims Beats Forecasts
New Pandemic Low For Jobless Claims Beats Forecasts
August 19, 2021  |  Economy

New jobless claims dropped to a new pandemic-era low, coming in at 348,000 for the week ending Aug. 14, a drop of 29,000 from the...

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Today In Payments Around The World: TerraPay Promotes UAE Digital Payments; Floods, COVID Resurgence Slows China’s Economy
Today In Payments Around The World: TerraPay Promotes UAE Digital Payments; Floods, COVID Resurgence Slows...
August 18, 2021  |  Cross-border Payments

Today in payments around the world: TerraPay and Network International promote digital payments in the United Arab Emirates (UAE). Plus, China’s President Xi Jinping wants...

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Pandemic Will Linger Into 2022, Say Consumers, Before We’re ‘Back to Normal’
Pandemic Will Linger Into 2022, Say Consumers, Before We’re ‘Back to Normal’
August 18, 2021  |  Economy

“If it be not now, yet it will come — the readiness is all,” wrote the Bard. And when it comes to the pandemic, the seemingly...

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Chinese President Xi Calls For Wealth Redistribution
Chinese President Xi Calls For Wealth Redistribution
August 18, 2021  |  Cross-border Payments

Chinese President Xi Jinping is calling for wealth redistribution that includes a framework for “common prosperity,” curbing excessive incomes and working to avert financial risks,...

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COVID Concerns Trigger 1.1 Pct Slump In July Retail Sales Amid Swirl Of Conflicting Factors
COVID Concerns Trigger 1.1 Pct Slump In July Retail Sales Amid Swirl Of Conflicting Factors
August 17, 2021  |  Retail

A month of rising COVID-19 case counts coupled with a surge in mask mandates and vaccine requirements took the steam out of a nascent shopping...

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Delta Weakens Spending Spree As Firms Stash More Cash
Delta Weakens Spending Spree As Firms Stash More Cash
August 17, 2021  |  Economy

Businesses are opting to hold on to their money as spending spree hopes wane amid the quick-spreading Delta variant of COVID-19, the Wall Sreet Journal...

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Floods, COVID Resurgence Slow Chinese Economy, eCommerce Creeps Up 4.4 Pct In July
Floods, COVID Resurgence Slow Chinese Economy, eCommerce Creeps Up 4.4 Pct In July
August 16, 2021  |  Cross-border Payments

With a new surge of COVID-19, China has seen its economy slowing, CNBC reported. Get the Full Story Complete the form to unlock this article...

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