economy

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

Delta Variant Fears Hit Wall Street 

Delta Variant Fears Hit Wall Street 
Delta Variant Fears Hit Wall Street 
July 19, 2021  |  Economy

Fears over the increased spread of the Delta variant of COVID-19 have triggered upsets on Wall Street as the main indexes dropped 1 percent or...

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Banks Spend More To Fend Off FinTechs
Banks Spend More To Fend Off FinTechs
July 19, 2021  |  Banking

Banks are forecasting higher expenses and lower revenue amid a continued slowdown in lending as they scramble to fend off FinTech rivals and stay ahead...

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As Stimulus Funds Wane US Economy Will Slow, Experts Say
As Stimulus Funds Wane US Economy Will Slow, Experts Say
July 19, 2021  |  Economy

The U.S. economy’s recovery might have already hit its peak for the time being. Get the Full Story Complete the form to unlock this article...

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COVID-Closed Factories, Canceled Orders Hit Asia’s Clothing Industry
COVID-Closed Factories, Canceled Orders Hit Asia’s Clothing Industry
July 19, 2021  |  Retail

Garment workers in Bangladesh have taken a heavy hit because of the pandemic’s economic disruptions, losing almost $12 billion in wages, a report from CleanClothes.org...

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Lackluster IPO Performance This Quarter Could Impact Upcoming Listings
Lackluster IPO Performance This Quarter Could Impact Upcoming Listings
July 18, 2021  |  IPO

The tepid market reception of some recent initial public offerings bodes poorly for other IPOs scheduled to hit in the near future, Bloomberg News reports....

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Terry Lundgren Says Apparel Market Can Take Some Slight Price Raises
Terry Lundgren Says Apparel Market Can Take Some Slight Price Raises
July 18, 2021  |  Retail

According to ex-Macy’s executive Terry Lundgren, the apparel market probably won’t see any issues from rising inflation, CNBC reports. Get the Full Story Complete the...

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Feds Bust Maryland Unemployment Fraud Ring Amid Scrutiny Of Illicit Payments
Feds Bust Maryland Unemployment Fraud Ring Amid Scrutiny Of Illicit Payments
July 16, 2021  |  Cybersecurity

It’s been a banner year for fraudsters attacking the suddenly bloated unemployment program, as a top federal government watchdog estimates that as much as $26...

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Department Stores, Electronics Lead 0.6 Pct Rebound In June Retail Sales
Department Stores, Electronics Lead 0.6 Pct Rebound In June Retail Sales
July 16, 2021  |  Retail

U.S. consumers spent more in department stores and less on furniture and cars in June, the Commerce Department reported Friday (July 16), as the barometer that...

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