economy

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

European Banks Lend Less, Fearing Bad Loans During Pandemic

European Banks Lend Less, Fearing Bad Loans During Pandemic
European Banks Lend Less, Fearing Bad Loans During Pandemic
January 19, 2021  |  Economy

Euro area banks have scaled back lending in order to shield against risk, a new European Central Bank (ECB) survey says. Get the Full Story...

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PPP Round Two Aims To Clean Up Issues From Round One
PPP Round Two Aims To Clean Up Issues From Round One
January 19, 2021  |  Loans

The second round of federal funds to small businesses is already on its way out the door, with the Paycheck Protection Program (PPP) opening up...

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Yellen: Next COVID Relief Package Benefits ‘Outweigh The Costs’
Yellen: Next COVID Relief Package Benefits ‘Outweigh The Costs’
January 19, 2021  |  Economy

Janet Yellen, who has been nominated by incoming President-elect Joe Biden to head up the Treasury Department, thinks the government should “act big” for its...

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Texas Man Charged In $5 Million PPP Loan Fraud Case
Texas Man Charged In $5 Million PPP Loan Fraud Case
January 19, 2021  |  Cybersecurity

A Texas resident, 32-year-old Samuel Yates, was charged with allegedly trying to file fraudulent bank applications for over $5 million in loans related to COVID-19...

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IMF Head Calls For Resources To Help Indebted Countries
IMF Head Calls For Resources To Help Indebted Countries
January 18, 2021  |  Cross-border Payments

Pointing to shaky economies worldwide and an increasing divide between poor and rich countries, Kristalina Georgieva, head of the Washington, D.C.-based International Monetary Fund (IMF),...

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2020 Saw Record Number Of CFO Resignations
2020 Saw Record Number Of CFO Resignations
January 18, 2021  |  CFO

Last year saw more resignations from chief financial officers than any other year, with the pandemic having adverse effects on corporate balance sheets, The Wall Street...

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Relocations And Remote Work Hit San Francisco’s Finances
Relocations And Remote Work Hit San Francisco’s Finances
January 18, 2021  |  Economy

San Francisco’s budget has been hit hard by the pandemic restrictions that have many people working remotely, with some moving to other places with lower...

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Will China’s GDP Rebound (And Retail Spending) Stay The Course?
Will China’s GDP Rebound (And Retail Spending) Stay The Course?
January 18, 2021  |  Cross-border Payments

A rebound, yes, but perhaps ominous signs in consumer spending? Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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