economy

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

IMF Upgrades GDP Forecast To -4.4 Pct Growth

IMF Upgrades GDP Forecast To -4.4 Pct Growth
IMF Upgrades GDP Forecast To -4.4 Pct Growth
October 13, 2020  |  Economy

The International Monetary Fund has upgraded its global real gross domestic product (GDP) forecast for 2020 to -4.4 percent in October from -5.2 percent in...

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J. P. Morgan 3Q Results Show Consumers Weathering The Pandemic
J. P. Morgan 3Q Results Show Consumers Weathering The Pandemic
October 13, 2020  |  Earnings

We haven’t turned the corner quite yet – but at least we haven’t hit the wall. Get the Full Story Complete the form to unlock...

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Holiday Retail Reality: Data Paints A Picture Of A Cautious Consumer
Holiday Retail Reality: Data Paints A Picture Of A Cautious Consumer
October 13, 2020  |  Retail

Although consumers are feeling better about their economic prospects for spending, retailers might be sleeping on some data that throws caution on the optimistic projections...

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JPMorgan, Citi Earnings Hint At (Some) Optimism On Credit Losses
JPMorgan, Citi Earnings Hint At (Some) Optimism On Credit Losses
October 13, 2020  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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India Responds To Coronavirus With Multibillion-Dollar Stimulus
India Responds To Coronavirus With Multibillion-Dollar Stimulus
October 12, 2020  |  Cross-border Payments

India has unveiled a multibillion-dollar plan to boost consumer spending in an economy struggling under the weight of a spiraling number of coronavirus cases. Get...

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Savvy Merchants Meet Teens How And Where They Want To Buy
Savvy Merchants Meet Teens How And Where They Want To Buy
October 12, 2020  |  Retail

That the pandemic has had sharply negative effects on consumer spending is well known, as are concerns that those effects are about to be even more sharply...

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Bitcoin Daily: Bitcoin Near $11.5K As Stimulus Talks Reopen
Bitcoin Daily: Bitcoin Near $11.5K As Stimulus Talks Reopen
October 11, 2020  |  Bitcoin

Bitcoin continued its upward trend over the weekend with prices near $11,500, according to CoinDesk, with the spike likely tied to the possibility of more...

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Remote Tech Employees Face Pay Cuts In San Francisco
Remote Tech Employees Face Pay Cuts In San Francisco
October 11, 2020  |  Personnel

Some Silicon Valley companies are suggesting workers who relocate to remote locations should have their pay reduced to reflect their new lower costs of living...

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