economy

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

Evictions Loom As A Fresh Blow To Brick-And-Mortar Retailers
Evictions Loom As A Fresh Blow To Brick-And-Mortar Retailers
September 01, 2020  |  Retail

Will the death of brick-and-mortar retail come through the courts? Perhaps call it “death by several thousand evictions.” Get the Full Story Complete the form to...

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US Corporations Owe Creditors Record $10.5T In Debt
US Corporations Owe Creditors Record $10.5T In Debt
September 01, 2020  |  Debt

The pandemic has fueled a record $10.5 trillion debt owed to creditors by U.S. corporations, 30 times the debt of 50 years ago, MarketWatch reported,...

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Delta, American Join United In Eliminating Change Fees In US
Delta, American Join United In Eliminating Change Fees In US
August 31, 2020  |  Travel Payments

Delta Air Lines and American Airlines, looking to draw customers back during the pandemic, are dropping change fees for domestic flights, CNBC reported Monday (Aug....

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India’s GDP Shrinks 24 Pct In Second Quarter
India’s GDP Shrinks 24 Pct In Second Quarter
August 31, 2020  |  International

India’s gross domestic product (GDP) fell by 24 percent in the second quarter (Q2) as the pandemic took its toll on the nation’s economy, according...

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Pinterest Pays $89.5M To Cancel New Office Lease As Employees Work At Home
Pinterest Pays $89.5M To Cancel New Office Lease As Employees Work At Home
August 31, 2020  |  Real Estate

Pinterest is canceling its upcoming lease to move into a San Francisco office that it doesn’t need because its workers will be working from home,...

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USPS Slowdowns Add More Hurdles To B2B Payments
USPS Slowdowns Add More Hurdles To B2B Payments
August 30, 2020  |  Delivery

New delays at the United States Postal Service (USPS) have complicated B2B payments further even as they were already disrupted by the pandemic, The Los...

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Bank Deposits, Fees Up As Companies, Consumers Hoard Cash
Bank Deposits, Fees Up As Companies, Consumers Hoard Cash
August 30, 2020  |  Banking

With profits and margins at all-time lows, the U.S. banking system is in flux as customer deposits surge and make the safety net for failures...

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SBA Eyes Fees Paid To Rocket Loans, Contractor In Loan Program
SBA Eyes Fees Paid To Rocket Loans, Contractor In Loan Program
August 30, 2020  |  Loans

The U.S. government’s Economic Injury Disaster Loan (EIDL) program, plagued by delays and fraud, has created attention for a firm that netted around $800 million...

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Temporary Payroll Tax Deferral Plan Starts Sept. 1
Temporary Payroll Tax Deferral Plan Starts Sept. 1
August 30, 2020  |  Taxes

Starting Tuesday (Sept. 1), U.S. paychecks could be a little fatter. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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