economy

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

Maersk Predicts Shipping Rebound As US Retail Sales Fuel Demand

Maersk Predicts Shipping Rebound As US Retail Sales Fuel Demand
Maersk Predicts Shipping Rebound As US Retail Sales Fuel Demand
November 18, 2020  |  Cross-border Payments

Shipping giant Maersk is predicting a better 2021 in a move that bodes well for the battered but now recovering global economy. Get the Full...

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College Towns Face Hard Choice Between COVID-19 Safety And Economic Ruin
College Towns Face Hard Choice Between COVID-19 Safety And Economic Ruin
November 18, 2020  |  Economy

Communities across the country that typically thrive alongside the colleges and universities they host are facing an array of COVID-19-era challenges. As the rate of...

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US Consumers Pay Down $10B In Credit Card Debt In Q3
US Consumers Pay Down $10B In Credit Card Debt In Q3
November 18, 2020  |  Debt

Americans paid off $10 billion in credit card debt in the third quarter (Q3) of 2020, but borrowed more for car and housing loans, according...

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McConnell Floats Possibility Of $500B In COVID Stimulus
McConnell Floats Possibility Of $500B In COVID Stimulus
November 17, 2020  |  Economy

As the deliberation over another pandemic-related stimulus continues, U.S. Senate Majority Leader Mitch McConnell said he’s open to a $500 billion package, Reuters reported. Get...

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States Seek Aid To Offset Estimated $400B Shortfall Due To COVID-19
States Seek Aid To Offset Estimated $400B Shortfall Due To COVID-19
November 17, 2020  |  Economy

Faced with the mounting costs of battling COVID-19, state governors across the United States are pushing for more federal relief as coronavirus infections soar and...

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October Retail Sales Grew Slower Than Anticipated
October Retail Sales Grew Slower Than Anticipated
November 17, 2020  |  Retail

U.S. retail sales rose 0.3 percent in October to $553.3 billion, missing forecasts but still up for the sixth consecutive month, according to the monthly...

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Biden: Recovery Depends On Controlling Pandemic As ‘Very Dark Winter’ Approaches
Biden: Recovery Depends On Controlling Pandemic As ‘Very Dark Winter’ Approaches
November 16, 2020  |  Economy

U.S. President-elect Joe Biden called a conversation with business and labor leaders “encouraging” at a press conference following a Monday (Nov. 16) call, noting that...

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Today In Payments: PNC Advances $11.6B BBVA Purchase Deal; US Economic Forecasts Grim Amid Escalating COVID-19
Today In Payments: PNC Advances $11.6B BBVA Purchase Deal; US Economic Forecasts Grim Amid Escalating...
November 16, 2020  |  News

In today’s top news, PNC will acquire BBVA’s U.S. unit for $11.6 billion, and the economy is facing greater challenges as COVID-19 cases continue to...

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