economy

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

Clothing Brands Want Steep Vendor Discounts To Keep Orders
Clothing Brands Want Steep Vendor Discounts To Keep Orders
April 19, 2020  |  B2B Payments

Big-name clothing brands are either canceling orders or demanding big discounts from manufacturers in Bangladesh, a South Asian country that is already deeply suffering because...

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Restaurants And Insurers Square Off In Battle Over Pandemic Payments
Restaurants And Insurers Square Off In Battle Over Pandemic Payments
April 19, 2020  |  Economy

A lobbying effort has pitted the restaurant industry against insurers as the American economy attempts to find its way out of the coronavirus pandemic, according...

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24 Hour Fitness May File For Bankruptcy Amid Pandemic
24 Hour Fitness May File For Bankruptcy Amid Pandemic
April 19, 2020  |  Economy

Fitness chain 24 Hour Fitness is looking at a possible bankruptcy due to the coronavirus, as well as mounting debt concerns and the fact that...

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Chamber CEO Donohue Urges Congress To Pass More Stimulus Measures On Monday
Chamber CEO Donohue Urges Congress To Pass More Stimulus Measures On Monday
April 19, 2020  |  Loans

Tom Donohue, CEO of the U.S. Chamber of Commerce, is urging Congress to finish up a plan for the next round of stimulus spending by...

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Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
April 17, 2020  |  News

In today’s top news, Uber withdrew 2020 guidance as it anticipate revenue decline, and China’s economy will record its first-ever GDP loss. Plus, banks can...

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China’s GDP Drop Creates Global Ripple Effects For Retail
China’s GDP Drop Creates Global Ripple Effects For Retail
April 17, 2020  |  International

What will the ripple effects be for retailers (in the U.S. and around the globe) as China’s economy shrinks? Get the Full Story Complete the...

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The Rocky Road To Recovery: Cashless And Contactless, The Credit Crunch And A Community Effort
The Rocky Road To Recovery: Cashless And Contactless, The Credit Crunch And A Community Effort
April 17, 2020  |  News

As the COVID-19 crisis is now stretching toward the two-month mark, the size of its impact to the economy is becoming more well-defined and worrisome....

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Economists Say Global Recovery Could Take Longer Than Expected
Economists Say Global Recovery Could Take Longer Than Expected
April 17, 2020  |  Economy

For optimists who hoped the global economy would recover from the impact of the coronavirus pandemic within months, New York Federal Reserve Board President John...

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Retailers Explore Tentative Reopening Plans
Retailers Explore Tentative Reopening Plans
April 17, 2020  |  Retail

At long last, the retail community can start discussing plans to reopen. The Trump administration’s informal guidance released on Thursday (April 16) did not exactly...

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