economy

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

Fed’s John Williams: Bank Shouldn’t Cut Off Economic Support Yet

Fed’s John Williams: Bank Shouldn’t Cut Off Economic Support Yet
Fed’s John Williams: Bank Shouldn’t Cut Off Economic Support Yet
June 21, 2021  |  Economy

According to New York Fed leader John Williams, the U.S. Federal Reserve shouldn’t be so quick to cut off support to the still-recovering economy, the...

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Work-From-Home Employees Drive Vacation Real Estate Prices
Work-From-Home Employees Drive Vacation Real Estate Prices
June 21, 2021  |  Real Estate

The market for vacation homes has caught fire in counties nationwide, as sales of vacation properties have risen 16 percent since 2020 — nearly tripling...

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New Jobless Claims Tick Up As Labor Shortage Continues
New Jobless Claims Tick Up As Labor Shortage Continues
June 17, 2021  |  Economy

As the U.S. economy begins to fully reopen after more than a year of lockdowns and layoffs, new unemployment claims declined six weeks in a...

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McDonald’s CEO Expects Dine-In To Bounce Back Despite Digital Ordering, Drive-Thru Surge
McDonald’s CEO Expects Dine-In To Bounce Back Despite Digital Ordering, Drive-Thru Surge
June 16, 2021  |  Economy

McDonald’s CEO Chris Kempczinski said the fast food giant will likely see in-person dining get back to normal soon, CNBC reported. Get the Full Story...

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Proposed Bills Aim To Reduce Fines For NYC Main Street Businesses
Proposed Bills Aim To Reduce Fines For NYC Main Street Businesses
June 16, 2021  |  Legal & Regulation

New legislation proposed by two New York City council members aims to help mom-and-pop shops by reducing fines and relaxing code enforcement, The Wall Street...

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US IPOs Reach Record $171 Billion Total In Just Over 5 Months
US IPOs Reach Record $171 Billion Total In Just Over 5 Months
June 15, 2021  |  IPO

In fewer than six months, there has been a new record hit for U.S. initial public offerings (IPOs), U.S. News reported. Get the Full Story...

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New BLS Data Shows Inflationary Pressures Just Keep On Creeping Up
New BLS Data Shows Inflationary Pressures Just Keep On Creeping Up
June 15, 2021  |  Economy

The cost of doing business  is up — mostly, as new government data indicates, because inflation is powerfully on the rise. Figures released by the...

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May Retail Sales Fall 1.3 Pct, Muddling Outlook For Consumer-Led Recovery
May Retail Sales Fall 1.3 Pct, Muddling Outlook For Consumer-Led Recovery
June 15, 2021  |  Retail

Reports of a red-hot consumer-led rebound were doused Tuesday (June 15) after the Commerce Department reported that May retail sales slid 1.3 percent from the...

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