economy

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

Mnuchin: Federal Help Could Be Coming For Looted Stores
Mnuchin: Federal Help Could Be Coming For Looted Stores
June 11, 2020  |  Economy

U.S. Treasury Secretary Steven Mnuchin said the administration is considering reimbursing businesses whose storefronts were damaged in the recent rioting over the death of George...

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Another 1.5M Americans File For Unemployment As Pandemic’s Job Losses Top 44M
Another 1.5M Americans File For Unemployment As Pandemic’s Job Losses Top 44M
June 11, 2020  |  Economy

Another 1.5 million Americans applied for unemployment benefits over the past week, bringing the total jobs lost since the pandemic began to more than 44 million —...

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NEW DATA: The Four Shopper Personas Driving The Digital Shift
NEW DATA: The Four Shopper Personas Driving The Digital Shift
June 11, 2020  |  Coronavirus

It has been 11 weeks since California became the first U.S. state to declare a state-wide lockdown to slow the spread of COVID-19. Get the...

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Senators Look To Extend PPP Loans To Include More SMBs
Senators Look To Extend PPP Loans To Include More SMBs
June 10, 2020  |  Loans

A group of Democratic senators has introduced a new Paycheck Protection Program (PPP) for small businesses with 100 or fewer employees, including sole proprietorships and...

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eCommerce Helps Women Hard Hit By India’s Shutdowns
eCommerce Helps Women Hard Hit By India’s Shutdowns
June 10, 2020  |  International

When India moved to formally shut its economy down by closing workplaces and other public spots over COVID-19, over 120 million Indians lost their jobs....

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Mnuchin: PPP Kept ‘Tens Of Millions’ Employed
Mnuchin: PPP Kept ‘Tens Of Millions’ Employed
June 10, 2020  |  Economy

The Paycheck Protection Program (PPP) has supported over three-quarters of the small- to medium-sized business (SMB) payroll in 50 states, Treasury Secretary Steven Mnuchin said...

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Fed Expects 6.5 Pct Drop In GDP This Year
Fed Expects 6.5 Pct Drop In GDP This Year
June 10, 2020  |  Economy

The Federal Reserve Board and the Federal Open Market Committee (FOMC) have released economic projections for the next few years, showing that the gross domestic...

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Starbucks Fast Tracks Curbside Pickup In Face Of Expected Q3 Loss
Starbucks Fast Tracks Curbside Pickup In Face Of Expected Q3 Loss
June 10, 2020  |  Earnings

As a result of the COVID-19 health crisis, Starbucks anticipates a loss of for its fiscal third quarter as it forecasts a loss in revenue...

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Discover: 80 Pct Of Cardholders In Forbearance Paid On Accounts
Discover: 80 Pct Of Cardholders In Forbearance Paid On Accounts
June 10, 2020  |  Payment Methods

Roger Hochschild, chief executive officer for Discover, said most of their customers no longer have trouble with making payments, Bloomberg reported. Get the Full Story...

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