economy

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

Latest Economic Data Sends Mixed Signals About Consumer Holiday Spend

Latest Economic Data Sends Mixed Signals About Consumer Holiday Spend
Latest Economic Data Sends Mixed Signals About Consumer Holiday Spend
October 01, 2020  |  Retail

Hopes for fresh signs of strength heading into the holiday shopping season were crimped Thursday (Oct. 1) after the first major data report of the...

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Goldman Eyes Cutting 1 Pct Of Workforce
Goldman Eyes Cutting 1 Pct Of Workforce
September 30, 2020  |  Personnel

Goldman Sachs plans to move forward with a “modest number of layoffs,” according to a company spokesperson on Wednesday (Sept. 30), meaning around 400 people,...

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COVID Restrictions Leave Second-Hand Clothing Market Bursting At The Seams
COVID Restrictions Leave Second-Hand Clothing Market Bursting At The Seams
September 30, 2020  |  Economy

Dwindling sales and mounting donations have spelled doom for the market for buying recycled clothing, Reuters reported. Get the Full Story Complete the form to...

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UK Faces $30B In COVID Loan Losses
UK Faces $30B In COVID Loan Losses
September 30, 2020  |  Cross-border Payments

The U.K. government now estimates its losses from the pandemic could hit 23 billion pounds (about $30 billion), Bloomberg reported, coming from loans used to...

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Mnuchin, Pelosi Fall Short Of Agreeing On New Stimulus Deal
Mnuchin, Pelosi Fall Short Of Agreeing On New Stimulus Deal
September 30, 2020  |  Economy

Despite talks over a two-day period to reach a compromise on a new stimulus package, House Speaker Nancy Pelosi (D-California) and Treasury Secretary Steven Mnuchin failed to...

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US GDP declined by 31.4 percent in Q2, Slightly Better Than Estimates
US GDP declined by 31.4 percent in Q2, Slightly Better Than Estimates
September 30, 2020  |  Economy

For the U.S. GDP, a slight improvement of some very bad numbers is an improvement, technically. Get the Full Story Complete the form to unlock...

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ADP, Paychex Employment Reports Show Some Recovery For SMBs
ADP, Paychex Employment Reports Show Some Recovery For SMBs
September 30, 2020  |  Economy

Two new reports show that the U.S. job market continued to slowly recover in September, although small businesses reported only small gains. Get the Full...

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CDC’s New Guidance Will Do Little To Boost Brick-and-Mortar Holiday Shopping
CDC’s New Guidance Will Do Little To Boost Brick-and-Mortar Holiday Shopping
September 30, 2020  |  Retail

The U.S. Centers for Disease Control and Prevention’s guidelines when it comes to celebrating and preparing for the COVID era’s holiday shopping season can be...

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