economy

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

October Retail Sales Grew Slower Than Anticipated

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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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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