economy

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

Survey: Three Quarters Of Dubai SMBs May Shutter By October
Survey: Three Quarters Of Dubai SMBs May Shutter By October
May 22, 2020  |  Economy

In what could be among the most devastating economic impacts of COVID-19 overseas, a survey revealed 75 percent of Dubai businesses said they expect to close within the...

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Philly Consortium Advances ‘Regenerator’ Concept For SMBs
Philly Consortium Advances ‘Regenerator’ Concept For SMBs
May 22, 2020  |  Retail

The data painted a dark picture for Main Street retail this week, with a new Facebook & Small Business Roundtable study showing that over 30...

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Consumer Uncertainty Overshadows Georgia’s Reopening, Atlanta Fed Chief Says
Consumer Uncertainty Overshadows Georgia’s Reopening, Atlanta Fed Chief Says
May 22, 2020  |  Economy

Raphael Bostic, president of the Atlanta Federal Reserve, called Georgia’s reopening rollout a “mixed bag” in which only parts of the state were eager to...

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Overstock CEO: Why Immunity Passports Could Move Blockchain Tech Mainstream
Overstock CEO: Why Immunity Passports Could Move Blockchain Tech Mainstream
May 22, 2020  |  Blockchain

In the early days of enforced social distancing measures, there was a presiding confidence that any economic disruption would be temporary and fairly short. Get...

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NY’s Transit Authority Wants To Use Fed’s New Loan Initiative
NY’s Transit Authority Wants To Use Fed’s New Loan Initiative
May 21, 2020  |  Loans

New York’s Metropolitan Transit Authority (MTA) is seeking permission to borrow from the Federal Reserve’s $500 billion Municipal Liquidity Facility (MLF) due to coronavirus-related troubles,...

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NY Fed: Negative Interest Rates ‘Not The Right Tool’ For Recovery
NY Fed: Negative Interest Rates ‘Not The Right Tool’ For Recovery
May 21, 2020  |  Economy

New York Federal Reserve Bank President John Williams said economic data is likely to be worse as the impact of COVID-19 becomes clearer, Reuters reported....

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New U.S. Unemployment Claims Add Another 2.4M As Pandemic’s Total Job Losses Near 39M
New U.S. Unemployment Claims Add Another 2.4M As Pandemic’s Total Job Losses Near 39M
May 21, 2020  |  Economy

The number of workers who filed jobless claims fell slightly again last week, but the coronavirus crisis has put 38.6 million Americans on unemployment insurance...

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Pandemic Forces Peter Luger Steak House To Start Delivery, Accept Cards
Pandemic Forces Peter Luger Steak House To Start Delivery, Accept Cards
May 20, 2020  |  Delivery

It took 133 years, but New York’s Peter Luger Steak House will deliver so it can partially reopen during the pandemic, according to a CNBC...

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Coca-Cola CEO: Expect Longer-Run Economic Recovery Post-Pandemic
Coca-Cola CEO: Expect Longer-Run Economic Recovery Post-Pandemic
May 20, 2020  |  Economy

Coca-Cola CEO James Quincey said he is not anticipating a fast economic rebound now that the world is reopening for business. Get the Full Story...

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