economy

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

Disney Cuts 28,000 From Its Parks, Resorts Division

Disney Cuts 28,000 From Its Parks, Resorts Division
Disney Cuts 28,000 From Its Parks, Resorts Division
September 29, 2020  |  Personnel

Disney announced that it is laying off 28,000 employees across its Parks, Experiences and Products unit, CNN reported, due to the economic effects of the...

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NYC Sees 40 Pct Hike In Bankruptcies As Office Workers, Tourists Stay Home
NYC Sees 40 Pct Hike In Bankruptcies As Office Workers, Tourists Stay Home
September 29, 2020  |  Economy

Bankruptcy filings are surging in New York City with almost 6,000 closures, representing a 40 percent increase, according to Bloomberg, and it’s forecasted to keep...

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Key Financial Leaders Offer Dueling Economic Forecasts
Key Financial Leaders Offer Dueling Economic Forecasts
September 29, 2020  |  Economy

Is the U.S. economy in a V-shaped recovery or should we brace for a long and bumpy road ahead? Get the Full Story Complete the...

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Is Consumer Spending Heading Toward A Cliff?
Is Consumer Spending Heading Toward A Cliff?
September 29, 2020  |  Economy

Consumer spending has been on something of a roller-coaster ride in 2020 thus far – dropping into the basement in the spring, but showing signs...

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Consumer Confidence Index Up In September
Consumer Confidence Index Up In September
September 29, 2020  |  Economy

The Conference Board’s Consumer Confidence Index increased in September, after slipping in August, according to the Consumer Confidence Survey released Tuesday (Sept. 29). Get the...

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Pelosi, Mnuchin Return To The Stimulus Negotiation Table
Pelosi, Mnuchin Return To The Stimulus Negotiation Table
September 29, 2020  |  Economy

With just 36 days until the presidential election, House Speaker Nancy Pelosi (D-California) and U.S. Treasury Secretary Steven Mnuchin are still trying to iron out the details...

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Fed Consumer Finance Survey Reveals Online Banking Usage, (Slightly) Higher Debt Burdens
Fed Consumer Finance Survey Reveals Online Banking Usage, (Slightly) Higher Debt Burdens
September 29, 2020  |  Economy

The Fed’s latest Survey of Consumer Finances might come with a caveat: The data measure a period that may seem long ago and far away...

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Q4 Outlook: Consumer Mindset Is The Wild Card
Q4 Outlook: Consumer Mindset Is The Wild Card
September 29, 2020  |  Retail

The consensus opinions are starting to show up on the retail fourth-quarter calendar. With Amazon’s confirmation of Prime Day and Target’s follow-up of its Deal...

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