economy

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

GAO: Labor Department’s Weekly Unemployment Numbers ‘Flawed’

GAO: Labor Department’s Weekly Unemployment Numbers ‘Flawed’
GAO: Labor Department’s Weekly Unemployment Numbers ‘Flawed’
November 30, 2020  |  Economy

Unemployment figures released by the U.S. Department of Labor (DOL) have been inaccurate and payments have been too low for some recipients, according to a...

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Biden Names Two Women To Round Out Economics Team
Biden Names Two Women To Round Out Economics Team
November 30, 2020  |  Legal & Regulation

President-elect Joe Biden rounded out his economics team on Monday (Nov. 30) by appointing two women to top posts. He also officially named Janet Yellen,...

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Study: New COVID Restrictions Could Permanently Close A Third Of US Restaurants
Study: New COVID Restrictions Could Permanently Close A Third Of US Restaurants
November 29, 2020  |  Economy

Some U.S. chefs and industry advocates fear new rules to stem the spread of COVID-19 could be the final straw, the Financial Times (FT) reported....

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Chinese Tech Investors Turn Attention To Indonesia As India’s Economy Shrinks
Chinese Tech Investors Turn Attention To Indonesia As India’s Economy Shrinks
November 29, 2020  |  Investments

The Indian economy has suffered a blow due to the COVID-19 pandemic in spite of its massive 1.3 billion customer base, The Wall Street Journal...

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Biden Eyes Leaders With TIAA, Facebook And Google Ties For Economic Team
Biden Eyes Leaders With TIAA, Facebook And Google Ties For Economic Team
November 29, 2020  |  Economy

President-elect Joe Biden is weighing naming two of the highest-ranking Black leaders in finance to top roles in his administration — TIAA CEO Roger Ferguson...

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Secondhand News: Economy, Pandemic Create New Role For Pawnshops
Secondhand News: Economy, Pandemic Create New Role For Pawnshops
November 27, 2020  |  Retail

At a time when the coronavirus has caused a spike in unemployment and crippled countless small businesses, the pawnbroking industry has found itself in a...

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With Streaming Ascendant, Hollywood Faces Layoffs
With Streaming Ascendant, Hollywood Faces Layoffs
November 25, 2020  |  Economy

Hollywood has seen mass layoffs at all levels of its hierarchy, Variety reports. Get the Full Story Complete the form to unlock this article and...

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Household Income Down But Consumer Spending Up For Sixth Consecutive Month
Household Income Down But Consumer Spending Up For Sixth Consecutive Month
November 25, 2020  |  Economy

Consumer spending in the U.S. rose 0.5 percent in October while household income declined 0.7 percent, according to a report released by the Bureau of Economic Analysis...

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