economy

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

US Services Sector Grows for Seventh Month, Trade Association Says

US Services Sector Grows for Seventh Month, Trade Association Says
US Services Sector Grows for Seventh Month, Trade Association Says
January 07, 2021  |  Economy

Economic activity in the services sector grew in December for the seventh month in a row, the Institute for Supply Management said in a Thursday (Jan. 7) press...

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Average Credit Scores Hit Record High As Credit Card Balances Drop
Average Credit Scores Hit Record High As Credit Card Balances Drop
January 07, 2021  |  Consumer Finance

Despite a raging pandemic, widespread unemployment and a fragile economy, U.S. consumers paid more of their bills on time last year, resulting in the largest...

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British Watchdog FCA Says Pandemic Could Flatline 4,000 Financial Services Firms
British Watchdog FCA Says Pandemic Could Flatline 4,000 Financial Services Firms
January 07, 2021  |  Economy

U.K. market watchdog the Financial Conduct Authority (FCA) cautions that the results of its recent pandemic resiliency survey indicate some 4,000 companies doing business in the...

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Initial Jobless Claims Dip Slightly To 787K
Initial Jobless Claims Dip Slightly To 787K
January 07, 2021  |  Economy

Initial jobless claims for the week that ended Jan. 2 dropped 3,000 from the previous week’s revised level, for a total of 787,000, according to...

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New York City’s Economic Recovery Is Years Away, Fiscal Watchdog Says
New York City’s Economic Recovery Is Years Away, Fiscal Watchdog Says
January 07, 2021  |  Economy

The new Fiscal Outlook from the New York City Independent Budget Office finds that the COVID-19 pandemic has likely made it so the city’s economy...

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Stimulus Checks Pose Issues For H&R Block, TurboTax 
Stimulus Checks Pose Issues For H&R Block, TurboTax 
January 06, 2021  |  Economy

Americans expecting a second stimulus check deposited into their accounts have not received payment as anticipated, CNBC reported on Wednesday (Jan. 6). Get the Full...

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Schumer Says Democratic Senate Will Prioritize New Stimulus
Schumer Says Democratic Senate Will Prioritize New Stimulus
January 06, 2021  |  Economy

As Democrats looked poised to win the Senate for the next two years, Sen. Chuck Schumer said the priority should be on passing $2,000 checks...

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Labor Department Clarifies Independent Contractor Standard
Labor Department Clarifies Independent Contractor Standard
January 06, 2021  |  Legal & Regulation

The Department of Labor has defined the question of whether a worker is an independent contractor or an employee by saying it depends on the...

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