economy

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

WhatsApp Plans To Offer Healthcare Insurance, Pension Products In India

WhatsApp Plans To Offer Healthcare Insurance, Pension Products In India
WhatsApp Plans To Offer Healthcare Insurance, Pension Products In India
December 16, 2020  |  Cross-border Payments

WhatsApp will debut options for health insurance and micro-pension products in India by utilizing new partnerships, according to a report from The Economic Times. Get...

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Fed Expects GDP To End Year Slightly Higher; Predicts 4.2 Pct Growth In 2021
Fed Expects GDP To End Year Slightly Higher; Predicts 4.2 Pct Growth In 2021
December 16, 2020  |  Economy

The Federal Reserve has upped its expectations for the end-of-year forecast, now predicting that the real gross domestic product (GDP) will fall by only 2.4...

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Five Fast Facts On The SMB Scene As 2020 Turns Into 2021
Five Fast Facts On The SMB Scene As 2020 Turns Into 2021
December 16, 2020  |  SMBs

The COVID-19 pandemic has been hard on everyone – consumers, businesses, government officials and healthcare workers – but the pain has been far from evenly...

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Census: Estimates For Retail And Food Slightly Down 
Census: Estimates For Retail And Food Slightly Down 
December 16, 2020  |  Retail

U.S. retail sales were down 1.1 percent in November compared to October, hitting approximately $546.5 billion, according to the monthly U.S. Census Bureau report released...

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Consumers Expect Higher US Household Spending, Even As Some Fear Hard Times
Consumers Expect Higher US Household Spending, Even As Some Fear Hard Times
December 15, 2020  |  Economy

Americans see both good and bad economic times ahead, with consumers predicting the highest jump in household spending in more than four years, even as...

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Goldman Sachs: Some 90 Pct Of Businesses Have Depleted PPP Monies
Goldman Sachs: Some 90 Pct Of Businesses Have Depleted PPP Monies
December 15, 2020  |  Loans

Small firms recently surveyed by Goldman Sachs indicated that small and mid-sized businesses (SMBs) are desperately in need of another round of emergency Paycheck Protection...

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Economists Predict Post-COVID Rebound, But Many Digital Shifts Will Remain 
Economists Predict Post-COVID Rebound, But Many Digital Shifts Will Remain 
December 15, 2020  |  Payments Innovation

This week’s start of U.S. COVID-19 vaccinations has economists predicting a big rebound for 2021, but PYMNTS data show that plenty of consumers’ pandemic-era changes...

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Warren Buffett Calls On Congress To Provide More PPP For Small Businesses
Warren Buffett Calls On Congress To Provide More PPP For Small Businesses
December 15, 2020  |  Economy

Berkshire Hathaway Chairman Warren Buffett is calling on Congress to provide more Paycheck Protection Program (PPP) loans to small businesses to help them survive the...

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