economy

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

Newly Digitized Retailers Could Easily Pivot To New COVID Restrictions

Newly Digitized Retailers Could Easily Pivot To New COVID Restrictions
Newly Digitized Retailers Could Easily Pivot To New COVID Restrictions
August 02, 2021  |  Retail

The past several weeks have seen one glowing earnings report after another for retailers and eCommerce companies. In toys, Mattel and Hasbro both saw strong...

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Fed: Delta Variant Might Jeopardize Economy As Americans Avoid Job Hunting
Fed: Delta Variant Might Jeopardize Economy As Americans Avoid Job Hunting
August 01, 2021  |  Economy

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said the rise of the more contagious Delta variant of COVID-19 might hinder the U.S.’s...

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With COVID Refusing To Fade Away, Recovery’s Leaders Could Again Become Laggards
With COVID Refusing To Fade Away, Recovery’s Leaders Could Again Become Laggards
July 30, 2021  |  Economy

It was not supposed to happen like this. Seven months after a handful of new COVID vaccines were given the governmental go-ahead, the U.S. and...

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Spending Rebound May Be On Shaky Ground
Spending Rebound May Be On Shaky Ground
July 30, 2021  |  Economy

A spending rebound, yes — but the question is whether it will be sustainable, or whether the Delta variant will stop consumer sentiment, and the...

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June Spending Up But Delta Variant Darkens Outlook
June Spending Up But Delta Variant Darkens Outlook
July 30, 2021  |  Economy

The spreading Delta variant is casting a dark shadow over the U.S. economic outlook despite June’s 1 percent increase in household spending, The Wall Street...

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New Jobless Claims Drop Amid Variant Rise, Vaccine Unease
New Jobless Claims Drop Amid Variant Rise, Vaccine Unease
July 29, 2021  |  Economy

Applications for initial jobless claims dropped 24,000 to 400,000 for the week that ended July 24, according to the Thursday (July 29) weekly report from...

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CFPB: Credit Applications Returning To Pre-Pandemic Levels
CFPB: Credit Applications Returning To Pre-Pandemic Levels
July 28, 2021  |  Loans

Consumer applications for mortgages, car loans and revolving credit cards had essentially returned to pre-pandemic levels by May, a new report from the Consumer Financial...

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US Consumer Confidence Stays Strong In July
US Consumer Confidence Stays Strong In July
July 27, 2021  |  Economy

The Consumer Confidence Index, sitting at 129.1 in July, is mostly unchanged from its previous several months, according to a report from The Conference Board....

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