economy

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

Wells Fargo On What It Will Take To Revive The SMB Economy
Wells Fargo On What It Will Take To Revive The SMB Economy
July 03, 2020  |  SMBs

Small- and medium-sized businesses have been hit hard by the pandemic, but most are scrambling into digital pivots to blunt the impact of physical stores’...

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Chapter 11 Filings Are Up 43 Pct YOY
Chapter 11 Filings Are Up 43 Pct YOY
July 02, 2020  |  Economy

Almost 3,600 businesses filed for Chapter 11 bankruptcy in the first half of 2020, marking a rise of 26 percent, The Wall Street Journal reported....

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Chinese Banks Vie For SMBs With New Virtual Bank Applications
Chinese Banks Vie For SMBs With New Virtual Bank Applications
July 02, 2020  |  B2B Payments

New Chinese lender Ping An OneConnect, along with HSBC, are both working to help ease small- to medium-sized businesses (SMBs) into new virtual, more efficient...

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CBO: US GDP Will Grow 12 Pct In 2020
CBO: US GDP Will Grow 12 Pct In 2020
July 02, 2020  |  Economy

For the Congressional Budget Office (CBO), the glass is half full. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Saving Main Street: College Towns Deal With Economic Devastation
Saving Main Street: College Towns Deal With Economic Devastation
July 02, 2020  |  Economy

Downtowns everywhere from Maine to California are dealing with varying degrees of economic and existential pain as a result of the pandemic, but nowhere is...

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US Unemployment Rate Drops To 11 Pct; Jobless Claims Fall To 1.4M
US Unemployment Rate Drops To 11 Pct; Jobless Claims Fall To 1.4M
July 02, 2020  |  Economy

The U.S. economy added a record 4.8 million nonfarm jobs in June and the unemployment rate fell to a lower-than-expected 11.1 percent, the U.S. Labor...

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The One Employment Stat That Could Threaten The Recovery
The One Employment Stat That Could Threaten The Recovery
July 02, 2020  |  Economy

Many Americans have seen their household incomes become one of COVID-19’s many casualties, as the U.S. unemployment rate has skyrocketed and millions of workers who...

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Global Tourism Faces Multi-Trillion-Dollar Hit From COVID-19
Global Tourism Faces Multi-Trillion-Dollar Hit From COVID-19
July 01, 2020  |  Economy

The tourism sector in the United States will take the biggest hit of any country in the world from COVID-19, with China a distant second,...

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ADP Report Shows US Added Nearly 2.4M Private-Sector Jobs in June
ADP Report Shows US Added Nearly 2.4M Private-Sector Jobs in June
July 01, 2020  |  Economy

It’s not exactly “Happy Days Are Here Again,” but private sector employment increased by nearly 2.4 million jobs from May to June, according to the...

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