economy

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

New Jobless Claims Below 900,000 For Second Consecutive Week

New Jobless Claims Below 900,000 For Second Consecutive Week
New Jobless Claims Below 900,000 For Second Consecutive Week
February 04, 2021  |  Economy

For the second consecutive week, new jobless claims are below 900,000, dropping 33,000 for the period ending Jan. 30, to 779,000, according to the weekly...

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IATA: Virus Spikes Endanger Air Travel’s 2021 Rebound
IATA: Virus Spikes Endanger Air Travel’s 2021 Rebound
February 04, 2021  |  Travel Payments

New coronavirus variants could jeopardize the recovery of the air travel industry, a report from Bloomberg says. Get the Full Story Complete the form to...

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ADP Data Shows Private Companies Added More January Jobs Than Forecast
ADP Data Shows Private Companies Added More January Jobs Than Forecast
February 03, 2021  |  Economy

U.S. businesses added 174,000 jobs in January, bouncing back from a 78,000 drop in December and beating economists’ forecasts, according to data released Wednesday (Feb. 3)...

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New York State Tax Revenue Drops 10 Pct In 2020
New York State Tax Revenue Drops 10 Pct In 2020
February 03, 2021  |  Taxes

Local government sales tax collections dropped 10 percent in 2020, according to a press release from the state comptroller. Get the Full Story Complete the...

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Mall Owner Brookfield Property Partners Loses $2 Billion In 2020
Mall Owner Brookfield Property Partners Loses $2 Billion In 2020
February 02, 2021  |  Earnings

Brookfield Property Partners, which operates numerous malls around the U.S., lost $2.06 billion last year, according to its newest financial report. Get the Full Story...

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PPP Round Two: New Loans Top $72.7 Billion In January
PPP Round Two: New Loans Top $72.7 Billion In January
February 02, 2021  |  Loans

A new report from the Small Business Administration (SBA) found that there were $72.7 billion in Paycheck Protection Program (PPP) loans distributed in the month...

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EU Supply Chain Bottleneck Raises Prices, Hurts Retailers
EU Supply Chain Bottleneck Raises Prices, Hurts Retailers
February 02, 2021  |  Cross-border Payments

Forget the last mile. In the European Union, every mile is contested lately. The continent’s supply chain, already under pressure and now cracking with the...

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Today In Retail: CarLotz Opens Two New Hubs; Economy, Emotions Help Blockbuster Holiday Sales
Today In Retail: CarLotz Opens Two New Hubs; Economy, Emotions Help Blockbuster Holiday Sales
February 02, 2021  |  Retail

In today’s top retail news, CarLotz unveiled the opening of centers near Orlando, Florida and Seattle Washington, while a National Retail Federation economist said a...

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