economy

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

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...

READ MORE >
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...

READ MORE >
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,...

READ MORE >
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....

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
Mortgage Bankers Association: 4.1 Million Home Loans In Forbearance
Mortgage Bankers Association: 4.1 Million Home Loans In Forbearance
May 19, 2020  |  Debt

As lenders provide relief for homeowners from the financial challenges of COVID-19, the number of mortgages on temporary postponement increased to 8.16 percent as of...

READ MORE >
Casino Reopenings Draw In Gamblers Despite Online Gaming Surges
Casino Reopenings Draw In Gamblers Despite Online Gaming Surges
May 19, 2020  |  Coronavirus

Casinos in Mississippi and Louisiana are reopening this week, and visitors are traveling long distances and waiting in lines to enter the facilities, according to...

READ MORE >