economy

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

Economist: 42 Pct Of Pandemic Layoffs Will Be Permanent
Economist: 42 Pct Of Pandemic Layoffs Will Be Permanent
May 15, 2020  |  Economy

A recent economic survey forecasts that 42 percent of layoffs will bring about permanent job losses. In a televised interview on CNBC, University of Chicago...

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House To Pass $3T Stimulus Package Despite GOP Opposition
House To Pass $3T Stimulus Package Despite GOP Opposition
May 15, 2020  |  Coronavirus

House Democrats made the case for a $3 trillion coronavirus stimulus package Friday (May 15), as White House and GOP leaders said they oppose what...

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Retail Sales Weaker Than Expected, Deepening Recovery Concerns
Retail Sales Weaker Than Expected, Deepening Recovery Concerns
May 15, 2020  |  Retail

The experts were expecting a weak retail sales report when the numbers hit the wires earlier today (May 15) – but even in an environment...

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How NextDoor Found An Actual Purpose
How NextDoor Found An Actual Purpose
May 15, 2020  |  Social Commerce

A year ago, startup NextDoor’s status as a unicorn (a new firm with a valuation over $1 billion) was something of a mystery to outside...

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Retail And Food Service Sales Plummet 16 Pct. For April
Retail And Food Service Sales Plummet 16 Pct. For April
May 15, 2020  |  Retail

Retail sales plummeted by a record 16.4 percent in April, according to the latest U.S. Census Bureau data, as many businesses are running on limited capacity...

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Why The Future Of Amusement Parks May Be A Bit Of A Roller-Coaster Ride
Why The Future Of Amusement Parks May Be A Bit Of A Roller-Coaster Ride
May 15, 2020  |  Economy

While the entire travel industry has suffered as a result of the global pandemic, amusement parks in particular have felt the sting sharply as social...

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OpenTable Says 25 Pct Of US Restaurants Won’t Survive
OpenTable Says 25 Pct Of US Restaurants Won’t Survive
May 14, 2020  |  Economy

A dire prediction from OpenTable forecasts a quarter of American restaurants will close permanently due to the financial turmoil from the coronavirus pandemic, according to...

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Does Less Traffic At China’s Mall Eateries Mean There’s Less Appetite For Retail?
Does Less Traffic At China’s Mall Eateries Mean There’s Less Appetite For Retail?
May 14, 2020  |  International

To get a sense of how China is re-opening, and where there are bumps in the road, look to the malls. Get the Full Story...

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Pandemic Might Launch Flight To Suburbs, And That’s Bad For Urban Businesses
Pandemic Might Launch Flight To Suburbs, And That’s Bad For Urban Businesses
May 14, 2020  |  Retail

The COVID-19 pandemic is prompting many Americans to consider moving from urban areas to the suburbs or rural locales – a potentially bad sign for...

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