economy

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

Will Nevada Face The Pandemic’s Greatest And Most Sustained Impact?

Will Nevada Face The Pandemic’s Greatest And Most Sustained Impact?
Will Nevada Face The Pandemic’s Greatest And Most Sustained Impact?
June 03, 2020  |  Coronavirus

The pandemic has impacted Nevada’s labor force more than any other state in the country, and it could continue to disrupt the Las Vegas economy years...

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Should Las Vegas Bet On Consumers Returning to Casinos?
Should Las Vegas Bet On Consumers Returning to Casinos?
June 03, 2020  |  Coronavirus

Las Vegas casinos shut their doors in mid-March in response to the COVID-19 pandemic, sending Nevada’s unemployment rate to a worst-in-the-nation 28.2 percent (nearly twice...

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Amex CFO Sounds Alarm Over Post-Lockdown Furloughs
Amex CFO Sounds Alarm Over Post-Lockdown Furloughs
June 03, 2020  |  Economy

A top American Express executive sees trouble on the horizon for the economy as the effects of the COVID-19 recession continue to devastate. Get the...

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Moody’s Economist: ‘The COVID-19 Recession Is Over’
Moody’s Economist: ‘The COVID-19 Recession Is Over’
June 03, 2020  |  Economy

While companies cut nearly 2.8 million jobs last month, Mark Zandi, chief economist at Moody’s Analytics, said it was far less than forecast and the...

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Mortgage Purchase Applications Rise For Seventh Consecutive Week
Mortgage Purchase Applications Rise For Seventh Consecutive Week
June 03, 2020  |  Loans

One of the few bright spots in the nation’s ailing economy is the housing market. Fueled by the lowest home loan rates in the nation’s...

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India To Offer $6.6 Billion To Attract Smartphone Manufacturers
India To Offer $6.6 Billion To Attract Smartphone Manufacturers
June 03, 2020  |  Mobile

India, looking to attract more global investments in the manufacture of mobile phones, is offering financial incentives and a wealth of plug-and-play facilities, Bloomberg reports....

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Trump Considers Next Stimulus
Trump Considers Next Stimulus
June 02, 2020  |  Economy

President Donald Trump will meet with senior advisors this week to discuss the possibilities of another pandemic-related stimulus package, this time with a focus on...

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Wells Fargo Cuts Off Lending Services For Independent Car Dealers
Wells Fargo Cuts Off Lending Services For Independent Car Dealers
June 02, 2020  |  Loans

Wells Fargo will no longer be giving loans to independent auto dealers, according to a report from CNBC. Get the Full Story Complete the form...

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Atlanta Fed: Real GDP Estimated To Fall 52.8 Pct In Q2
Atlanta Fed: Real GDP Estimated To Fall 52.8 Pct In Q2
June 02, 2020  |  Economy

Real gross domestic product (GDP) is projected to plummet 52.8 percent in the second quarter, according to the Federal Reserve Bank of Atlanta’s GDPNow as...

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