economy

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

UBS: 80,000 US Retailers Could Close By 2026

UBS: 80,000 US Retailers Could Close By 2026
UBS: 80,000 US Retailers Could Close By 2026
April 05, 2021  |  Retail

A new UBS report says as many as 80,000 U.S. retail stores, or about 9 percent of the country’s total, could close by 2026, CNBC...

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American Foot Traffic Moving Slowly Despite Vaccinations
American Foot Traffic Moving Slowly Despite Vaccinations
April 05, 2021  |  Economy

Vaccine distribution is up and the virus rate is dropping, but Americans are still not running out the door to mix and mingle in most...

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Nonfarm Jobs Up By 916K As Economy Begins Rebound
Nonfarm Jobs Up By 916K As Economy Begins Rebound
April 02, 2021  |  Economy

The U.S. economy took a big step forward in March with total nonfarm payroll employment up by 916,000, beating analysts’ predictions. In addition, the unemployment...

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Help Wanted: SMBs Post Record Number Of Unfilled Jobs
Help Wanted: SMBs Post Record Number Of Unfilled Jobs
April 01, 2021  |  SMBs

Job openings at U.S. small- to medium-sized businesses (SMBs) hit a new high in March, according to a press release from the National Federation of...

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Treasury Assisting IMF With $650 Billion For Countries Crippled By COVID-19
Treasury Assisting IMF With $650 Billion For Countries Crippled By COVID-19
April 01, 2021  |  Cross-border Payments

The U.S. Department of the Treasury is working with the International Monetary Fund (IMF) to allocate as much as $650 billion in currency aid to...

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New Jobless Claims Edge Up Slightly
New Jobless Claims Edge Up Slightly
April 01, 2021  |  Economy

First-time claims for unemployment benefits edged up a bit in the week ending March 27, but were still on the low side in terms of...

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Mastercard Partners Up To Advance Digital Economy Via Financial Inclusion
Mastercard Partners Up To Advance Digital Economy Via Financial Inclusion
April 01, 2021  |  Economy

While the third round of stimulus payments have been steadily pouring into bank accounts across the country, there are still a portion of Americans who...

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States Pursue Online Gambling in Bid to Restore Tax Coffers Hit by Pandemic
States Pursue Online Gambling in Bid to Restore Tax Coffers Hit by Pandemic
March 31, 2021  |  Economy

The pandemic has spurred states to scramble to find more revenue streams in place to combat the impact of COVID-19 on tax coffers amid business...

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