economy

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

Goldman: US Unemployment Rate Could Hit 25 Pct
Goldman: US Unemployment Rate Could Hit 25 Pct
May 14, 2020  |  Economy

Goldman Sachs’ forecast for the nation’s unemployment rate rose by 10 percent, as the bank now predicts at least a 25 percent unemployment rate due...

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Survey: US Consumers Bargain Hunting, Not Hoarding Now
Survey: US Consumers Bargain Hunting, Not Hoarding Now
May 13, 2020  |  Retail

When the coronavirus pandemic struck the nation two months ago, panicked customers stockpiled paper goods, shelf-stable foods and other essentials as states shut down. Get...

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Today In Payments: New Research Shows 100K+ SMBs Won’t Recover; Uber, Grubhub Combo Would Create Delivery Giant
Today In Payments: New Research Shows 100K+ SMBs Won’t Recover; Uber, Grubhub Combo Would Create...
May 13, 2020  |  News

In today’s top news, new research shows that more than 100,000 SMBs will fold due to the pandemic, and Uber has reportedly made an offer...

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Why This Recovery Will Not Be Brought To You By The Letter V
Why This Recovery Will Not Be Brought To You By The Letter V
May 13, 2020  |  Economy

Never before in history have so many people looked to the alphabet to model the shape of their economic future. That the economy has taken...

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Fed’s Powell Expects Substantial Recovery Post-COVID
Fed’s Powell Expects Substantial Recovery Post-COVID
May 13, 2020  |  Economy

Federal Reserve Board Chairman Jerome Powell said that while Washington’s nearly $3 trillion economic response to the coronavirus is on target, it will likely not...

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National Retailers Paid Only 58 Pct Of April’s Billed Rent
National Retailers Paid Only 58 Pct Of April’s Billed Rent
May 13, 2020  |  Retail

With retail rent collection dropping precipitously, a new report found that 21 percent of 135 big chains weren’t paying any rent, or were paying only...

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New Research Shows 100K+ SMBs Won’t Recover From COVID-19 Pandemic 
New Research Shows 100K+ SMBs Won’t Recover From COVID-19 Pandemic 
May 13, 2020  |  SMBs

The ongoing coronavirus pandemic will cause the death of more than 100,000 small and medium-sized businesses (SMBs), triggering a tsunami of bankruptcies nationwide, new research...

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House Dems Propose $3 Trillion Relief Package
House Dems Propose $3 Trillion Relief Package
May 12, 2020  |  Economy

House Democrats unveiled a $3 trillion spending package for more coronavirus aid on Tuesday (May 12), including more money for individuals affected by the shutdown,...

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US Consumer Price Index Drops To 2008 Level In April
US Consumer Price Index Drops To 2008 Level In April
May 12, 2020  |  Economy

The Consumer Price Index (CPI) fell to its lowest level in a dozen years last month, according to the U.S. Bureau of Labor Statistics (BLS)....

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