economy

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

North Carolina Is Latest State To Loosen Lockdown
North Carolina Is Latest State To Loosen Lockdown
May 06, 2020  |  Economy

North Carolina Gov. Roy Cooper plans to ease his stay-at-home order as evidence suggests that COVID-19 cases have stabilized. Get the Full Story Complete the...

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Retail’s Digital Shift Stays In Gear
Retail’s Digital Shift Stays In Gear
May 06, 2020  |  Digital Payments

Will retail survive the pandemic? Of course it will – but things will be different. No one is sure exactly what “different” means or even...

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Trump Says Task Force Will Pivot To Reopening Country, But Consumers Still Worried About Health
Trump Says Task Force Will Pivot To Reopening Country, But Consumers Still Worried About Health
May 06, 2020  |  Economy

President Trump announced on Wednesday (May 6), in a series of tweets, that his COVID-19 task force would actually continue its work, but that it...

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European Economic Collapse May Rival Great Depression
European Economic Collapse May Rival Great Depression
May 06, 2020  |  Economy

The European Union’s economy is on track to contract by 7.4 percent this year — shrinking at a higher rate than during the Great Recession...

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Western Union Weathers Uncertainty With Digital Acceleration
Western Union Weathers Uncertainty With Digital Acceleration
May 06, 2020  |  Earnings

As has been the trend with earnings reports this quarter, COVID-19 and its global economic effects took center stage when Western Union reported its Q1...

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COVID Report: Organizing A Recovery
COVID Report: Organizing A Recovery
May 06, 2020  |  Economy

Making history many times over, the U.S. government passed $3 trillion as a life-support effort for American businesses, with a focus on preserving the nation’s...

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US Jobs Report Shows 11M Jobs Lost At SMBs
US Jobs Report Shows 11M Jobs Lost At SMBs
May 06, 2020  |  Economy

COVID-19 continues to take its toll on the nation’s workforce as the number of private-sector jobs fell by a record 20.2 million from March to...

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LendingClub: 11 Pct Of Personal Loans In ‘Skip-a-Pay’ Program
LendingClub: 11 Pct Of Personal Loans In ‘Skip-a-Pay’ Program
May 06, 2020  |  Earnings

LendingClub posted first-quarter earnings results Tuesday (May 5) that showed a high single-digit percentage decline in loan originations as consumers held back, investors shied away...

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Jack Ma’s MYbank To Issue $282 Billion In SMB Loans This Year
Jack Ma’s MYbank To Issue $282 Billion In SMB Loans This Year
May 05, 2020  |  Loans

MYbank, the online lending program of billionaire Jack Ma, is facing a serious test as the Chinese economy reels from the effects of the coronavirus,...

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