economy

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

Remote Tech Employees Face Pay Cuts In San Francisco

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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Economists Warn Of Slowing Recovery For Europe
Economists Warn Of Slowing Recovery For Europe
October 11, 2020  |  Europe

Europe is falling back into COVID-19’s grip as the virus delivers a harsh rebuke in country after country whose residents thought they’d beaten it, The...

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IMF Says Countries Must Do More For Women, Younger Workers Hurt By COVID-19
IMF Says Countries Must Do More For Women, Younger Workers Hurt By COVID-19
October 08, 2020  |  Economy

The International Monetary Fund (IMF) is calling for additional government assistance to women and younger workers affected by COVID-19, based on an analysis of anonymized...

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US Jobless Claims Remain Historically High At 840,000
US Jobless Claims Remain Historically High At 840,000
October 08, 2020  |  Economy

Jobless claims continued to be below 1 million last week, but so far have failed to slip under 800,000 since the start of the pandemic,...

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Shake Shack Founder: No Stimulus A ‘Crushing Blow’ For Eateries
Shake Shack Founder: No Stimulus A ‘Crushing Blow’ For Eateries
October 07, 2020  |  Economy

Restauranteur Danny Meyer, CEO of Union Square Hospitality Group and founder of Shake Shack, said there is likely to be large-scale economic damage without more...

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Americans Pull Back On Credit Card Borrowing
Americans Pull Back On Credit Card Borrowing
October 07, 2020  |  Economy

Americans cut their credit card balances in August for the sixth consecutive month, the Federal Reserve System reported Wednesday (Oct. 7). Get the Full Story...

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Booking Holdings CEO: Airlines Need More Stimulus Money
Booking Holdings CEO: Airlines Need More Stimulus Money
October 07, 2020  |  Economy

Booking Holdings CEO Glenn Fogel wants Congress to provide more support for the airline industry, saying that not doing so would prevent the industry from...

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In Reversal, Trump Will Sign $1,200 Stimulus Check To Americans ‘Immediately’ If Congress Agrees
In Reversal, Trump Will Sign $1,200 Stimulus Check To Americans ‘Immediately’ If Congress Agrees
October 07, 2020  |  Economy

Hours after President Donald Trump told his staff to end negotiations with lawmakers over a new stimulus package, he reversed that decision. Get the Full...

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