economy

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

US Jobless Claims Rise By 53,000 To Hit 898,000

US Jobless Claims Rise By 53,000 To Hit 898,000
US Jobless Claims Rise By 53,000 To Hit 898,000
October 15, 2020  |  Economy

Jobless claims in the week ending Oct. 10 increased to 898,000, up 53,000 from the previous week’s number, which was revised to 845,000 from the...

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Reshoring Of US Manufacturing Presents Its ‘Biggest Opportunity in 70 Years’
Reshoring Of US Manufacturing Presents Its ‘Biggest Opportunity in 70 Years’
October 15, 2020  |  B2B Payments

As U.S. businesses enabled by an array of digital capabilities look to overseas markets for new customers post-pandemic, a curious reversal of sorts is happening...

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IMF: Further Fiscal Stimulus Would Help US Economy
IMF: Further Fiscal Stimulus Would Help US Economy
October 14, 2020  |  Economy

The International Monetary Fund (IMF) said the U.S. could help its economy by providing further stimulus payments, according to a transcript of a recent press...

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WeWork Cuts Rents To Keep Clients
WeWork Cuts Rents To Keep Clients
October 14, 2020  |  Economy

In an effort to hang on to customers during tough times, WeWork is cutting its rents as people continue to largely work from home, according...

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Bank Of America Says Consumer Spending Is Up, Card And Mortgage Delinquencies Down
Bank Of America Says Consumer Spending Is Up, Card And Mortgage Delinquencies Down
October 14, 2020  |  Banking

Bank of America (BofA) said on Wednesday (Oct. 14) that it is seeing a full restoration of customer spending, along with declines in delinquencies on...

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Japan’s Startup Index Soars To Highest Point Since 2006
Japan’s Startup Index Soars To Highest Point Since 2006
October 14, 2020  |  Cross-border Payments

The Tokyo Stock Exchange Mothers Index, which tracks Japan’s startups, has climbed back up this year to finally match an earlier high set in 2006....

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India Turns To Deregulation To Boost Pandemic Economy
India Turns To Deregulation To Boost Pandemic Economy
October 13, 2020  |  Cross-border Payments

Indian Prime Minister Narendra Modi is looking to governmental overhaul and deregulation as the solutions for the country’s coronavirus-ensued economic crisis, The Wall Street Journal...

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Dutch Bank Head: Next COVID Wave Won’t Hit Economy As Hard
Dutch Bank Head: Next COVID Wave Won’t Hit Economy As Hard
October 13, 2020  |  Economy

While coronavirus infections continue to rise in Europe, they’ll likely have less of an economic impact this time around, Klaas Knot, Dutch central bank president and...

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