economy

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

The Main Street Rescue That Wasn’t (And Still Isn’t)
The Main Street Rescue That Wasn’t (And Still Isn’t)
August 20, 2020  |  Economy

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection...

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US Jobless Claims Back Above 1M
US Jobless Claims Back Above 1M
August 20, 2020  |  Economy

Despite predictions that the number of Americans seeking jobless benefits would drop for the second consecutive week, more than 1 million laid-off employees requested benefits last week,...

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Kudlow Promises New Jobless Aid, Says Economy Is On ‘Self-Sustaining Recovery’
Kudlow Promises New Jobless Aid, Says Economy Is On ‘Self-Sustaining Recovery’
August 19, 2020  |  Economy

White House economic advisor Larry Kudlow said the economy is rebounding “very, very strongly” and would continue to do so, Reuters reported. Get the Full...

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Revised Data Shows US Jobs Down 173,000 Through March
Revised Data Shows US Jobs Down 173,000 Through March
August 19, 2020  |  Economy

Job growth in the United States was apparently weaker in the year through March, with the number of new workers added to payrolls revised down...

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Fed Officials Expect Lingering Economic Impact Of Virus
Fed Officials Expect Lingering Economic Impact Of Virus
August 19, 2020  |  Economy

The Federal Reserve Open Market Committee (FOMC) said economic activity in the U.S. appears to have “picked up” in May and June after steep decreases...

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Cuomo: NYC Restaurants May Have To Close In Colder Weather
Cuomo: NYC Restaurants May Have To Close In Colder Weather
August 19, 2020  |  Economy

New York Gov. Andrew Cuomo has said New York City restaurants may have to close down again in the fall due to the coronavirus and...

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Trump Calls For Amazon To Cover Post Office Costs With Higher Rates
Trump Calls For Amazon To Cover Post Office Costs With Higher Rates
August 18, 2020  |  Amazon Delivery

President Donald Trump said Tuesday (Aug. 18) that Amazon should pay more in shipping to cover the lagging finances of the U.S. Postal Service, Bloomberg...

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Walmart Earnings Fuel Concerns Over Retail’s Stimulus-Fueled Recovery
Walmart Earnings Fuel Concerns Over Retail’s Stimulus-Fueled Recovery
August 18, 2020  |  Retail

In commerce as in life, progress is often either permanent or ephemeral. In which camp the fledgling U.S. retail recovery rests remains to be seen....

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Japan’s Oyo Hotel Startup Gets Management Help From Investor SoftBank
Japan’s Oyo Hotel Startup Gets Management Help From Investor SoftBank
August 18, 2020  |  Startups

SoftBank is dispatching officials to help one of its largest startups, Oyo, which is besieged by the pandemic’s economic effects, according to Bloomberg. Get the...

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