economy

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

Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend

Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
Fed Report: Mortgage Debt Surges, Consumer Credit On The Mend
February 17, 2021  |  Debt

According to a new report from the Federal Reserve, total household debt rose to $14.56 trillion in the fourth quarter of 2020, an increase of...

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Retail Sales Surge On Stimulus
Retail Sales Surge On Stimulus
February 17, 2021  |  Retail

Retail sales rose in January by 5.3 percent on the wings of long-delayed action on the part of Congress, which OK’d a $900 billion COVID-19...

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Down But Not Out: New Business Applications Spike In January
Down But Not Out: New Business Applications Spike In January
February 16, 2021  |  Startups

Applications to start new U.S. businesses leaped in January, despite rising COVID-19 cases. Commerce Department data from last week indicated that new business applications surged...

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Survey Says Most NYC Restaurants Couldn’t Pay December’s Rent
Survey Says Most NYC Restaurants Couldn’t Pay December’s Rent
February 16, 2021  |  Retail

Some 92 percent of the more than 400 restaurants surveyed by the NYC Hospitality Alliance indicated that they could not foot the bill for rent,...

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Shuttered Venue Operators Hanging On Delayed $15 Billion SBA Grants
Shuttered Venue Operators Hanging On Delayed $15 Billion SBA Grants
February 16, 2021  |  Economy

A $15 billion Small Business Administration (SBA) grant program for companies in the business of live events has still not launched, The Wall Street Journal...

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Are We On The Cusp Of Roaring ’20s Retail Rebound Or A Long, Challenging Slog?
Are We On The Cusp Of Roaring ’20s Retail Rebound Or A Long, Challenging Slog?
February 16, 2021  |  Retail

Given that consumer spending accounts for 70 percent of the U.S. economy, it’s safe to say the monthly reading on retail sales on Wednesday (Feb....

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Corporate Spending Budgets In Flux Over Uncertain Recovery Pace
Corporate Spending Budgets In Flux Over Uncertain Recovery Pace
February 15, 2021  |  Economy

Add the annual corporate budget to the list of pre-COVID-19 institutions upended by the pandemic, The Wall Street Journal reports. Get the Full Story Complete...

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February Consumer Sentiment Index Hits Six-Month Low
February Consumer Sentiment Index Hits Six-Month Low
February 12, 2021  |  Consumer Finance

Consumer attitudes about the state of the economy unexpectedly dropped to a six-month low despite good news about vaccinations and more stimulus funds on the...

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