economy

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

COVID Crisis: What Happens If Most People Don’t Get The Vaccine?

COVID Crisis: What Happens If Most People Don’t Get The Vaccine?
COVID Crisis: What Happens If Most People Don’t Get The Vaccine?
November 16, 2020  |  Economy

On the same day that COVID-19 cases in the U.S. topped 10 million and hit 50.5 million globally, the world got news that Pfizer and...

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US Economic Forecasts Grim Amid Escalating COVID-19
US Economic Forecasts Grim Amid Escalating COVID-19
November 16, 2020  |  Economy

Fears of economic freefall are mounting as the U.S. continues to post an alarming increase in the number of new COVID-19 cases without word of...

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Banks’ Margins Suffer As US Consumers Pay Down Credit Card Debt
Banks’ Margins Suffer As US Consumers Pay Down Credit Card Debt
November 15, 2020  |  Debt

U.S. consumers have been paying down payments on credit cards with the pandemic continuing to hamper spending opportunities, which has led to dramatically falling bank...

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Stake In The Game: Real Estate Developer Sees ‘Rentership’ As New Path To Homeownership
Stake In The Game: Real Estate Developer Sees ‘Rentership’ As New Path To Homeownership
November 13, 2020  |  Real Estate

Homeownership is still the best, largest and often only major investment that most Americans make. But price fluctuations, skyrocketing taxes and hefty maintenance costs have...

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Stimulus Future Still Uncertain After Election
Stimulus Future Still Uncertain After Election
November 12, 2020  |  Economy

The status of a new stimulus bill is still up in the air as Senate Majority Leader Mitch McConnell has again balked at Democrats’ urging...

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Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?
Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?
November 12, 2020  |  Economy

Twelve years after the housing and mortgage markets’ collapse threw the United States into financial distress not seen since the Great Depression, market watchers are...

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New Unemployment Claims Down 48K To 709K
New Unemployment Claims Down 48K To 709K
November 12, 2020  |  Economy

Another 709,000 Americans filed for first-time unemployment benefits the week ending Nov. 7, a decrease of 48,000 over the prior week. Get the Full Story...

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Fed’s Rosengren Looks To Second Half Of 2021 For ‘Robust Growth’
Fed’s Rosengren Looks To Second Half Of 2021 For ‘Robust Growth’
November 11, 2020  |  Economy

Federal Reserve Bank of Boston President Eric Rosengren said he doesn’t think the next few months will be necessarily easy on the economy in spite...

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