economy

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

Businesses Gear Up For An Uncertain Summer

Businesses Gear Up For An Uncertain Summer
Businesses Gear Up For An Uncertain Summer
March 05, 2021  |  Retail

Amid a great deal of uncertainty about future state and U.S. guidelines for reopening, businesses now face the prospect of organizing, buying and hiring for...

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COVID-19 Relief: Senate Dems Trim Unemployment, Reject Minimum Wage Hike
COVID-19 Relief: Senate Dems Trim Unemployment, Reject Minimum Wage Hike
March 05, 2021  |  Economy

Senate Democrats agreed to reel in jobless benefits and back off from a minimum wage hike in the $1.9 trillion COVID-19 pandemic relief package, The...

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China Aims For 6 Pct Economic Growth, Big Tech Investments
China Aims For 6 Pct Economic Growth, Big Tech Investments
March 05, 2021  |  Cross-border Payments

There was talk about making big investments in technology and aiming for 6 percent growth as China’s legislature, the National People’s Congress, met this week...

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Nonfarm Jobs Rise By 379K As Economy Shows Renewed Growth
Nonfarm Jobs Rise By 379K As Economy Shows Renewed Growth
March 05, 2021  |  Economy

With a bit of wind at its back — in the form of December’s $900 billion U.S. stimulus package — the economy took a step...

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Bubbles Fears Prompt China To Curtail Bank Loans 
Bubbles Fears Prompt China To Curtail Bank Loans 
March 05, 2021  |  Bank Regulation

Mounting bubble fears have triggered new guidance from Chinese regulators instructing banks to scale back loan amounts in 2021, Reuters reported on Friday (March 5),...

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U.S. Treasury Injects $9 Billion Into Minority And Community Lenders
U.S. Treasury Injects $9 Billion Into Minority And Community Lenders
March 04, 2021  |  Loans

The U.S. Department of the Treasury has announced that a new program intending to help out with access to capital in communities that have traditionally...

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New Unemployment Claims Up Slightly Over Previous Week
New Unemployment Claims Up Slightly Over Previous Week
March 04, 2021  |  Economy

New jobless claims for the week ending Feb. 27 came in at 745,000, up from last week’s revised level of 736,000, according to the Thursday...

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Looking Up: Fed Says Vaccines Boost Optimistic Businesses Outlook
Looking Up: Fed Says Vaccines Boost Optimistic Businesses Outlook
March 04, 2021  |  Economy

The economy in the U.S. is looking up, business owners say, with more vaccines and better employment levels going a long way towards improving conditions,...

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