economy

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

UK’s 2020 Economy Worst In 300 Years

UK’s 2020 Economy Worst In 300 Years
UK’s 2020 Economy Worst In 300 Years
February 12, 2021  |  Economy

The economy in the U.K. contracted 9.9 percent in 2020, the worst year on record since 1709, the Office for National Statistics (ONS) said in...

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Businesses, Consumers On Different COVID Recovery Timetables
Businesses, Consumers On Different COVID Recovery Timetables
February 11, 2021  |  Economy

With vaccines being rolled out and an end in sight, the temptation is to start whiningly asking “are we there yet?” when it comes to...

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US Unemployment Declines For Fourth Consecutive Week
US Unemployment Declines For Fourth Consecutive Week
February 11, 2021  |  Economy

The number of Americans who filed for new jobless claims for the week ending Feb. 6 dropped for the fourth consecutive week, continuing the downward...

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House Committee Passes $400-A-Week Supplemental Jobless Benefit
House Committee Passes $400-A-Week Supplemental Jobless Benefit
February 10, 2021  |  Economy

The House Ways and Means Committee is going forward with a $400 weekly supplement to unemployment benefits, one of President Joe Biden’s key features for...

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Consumer Price Index Still Up After Pandemic Slump
Consumer Price Index Still Up After Pandemic Slump
February 10, 2021  |  Consumer Finance

The cost of U.S. consumer goods and services went up again in January, as inflation remained largely unwavering. The January Consumer Price Index (CPI), which...

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Bonds Backed By Auto Loans Hit Multi-Year Highs
Bonds Backed By Auto Loans Hit Multi-Year Highs
February 10, 2021  |  Loans

Bonds backed by auto loans are seeing an unprecedented rise in prices, the Financial Times (FT) reports. Get the Full Story Complete the form to...

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CEOs of JPMorgan, Walmart, Lowe’s And More Meet At White House
CEOs of JPMorgan, Walmart, Lowe’s And More Meet At White House
February 10, 2021  |  Legal & Regulation

JPMorgan Chase CEO Jamie Dimon was one of several executives to meet with President Joe Biden on Tuesday (Feb. 9) to discuss Biden’s $1.9 trillion...

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Main Street Lending Program Ends With Just $17.5 Billion Disbursed
Main Street Lending Program Ends With Just $17.5 Billion Disbursed
February 09, 2021  |  Loans

The Federal Reserve’s Main Street Lending Program, intended to give support to small- to medium-sized businesses (SMBs) during the pandemic, has only disbursed $17.5 billion,...

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