economy

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

In China, Green Shoots For Luxury Spending To Prove Fragile?

In China, Green Shoots For Luxury Spending To Prove Fragile?
In China, Green Shoots For Luxury Spending To Prove Fragile?
September 22, 2020  |  Retail

Chinese consumers may be starting to open their wallets to buy luxury goods – but it remains to be seen whether the green shoots will...

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Retailers Face Supply/Demand Shortfalls This Holiday Season
Retailers Face Supply/Demand Shortfalls This Holiday Season
September 21, 2020  |  Retail

Shortages of popular items like clothing, electronics and more are likely to cause trouble for U.S. retailers during the holiday shopping season, the Financial Times...

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Powell: US SMBs Need ‘Direct Fiscal Support’ Not Loans
Powell: US SMBs Need ‘Direct Fiscal Support’ Not Loans
September 21, 2020  |  SMBs

Federal Reserve chairman Jerome Powell is set to tell lawmakers that U.S. small businesses may need “direct fiscal support,” rather than more loans, the Financial...

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New Lockdown Fears Prompt Global Financial Shifts
New Lockdown Fears Prompt Global Financial Shifts
September 21, 2020  |  Economy

Global stocks were tumultuous on Monday (Sept. 21) as fears of another drop due to more pandemic lockdowns surfaced, the Financial Times (FT) reported. Get...

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Millions Of Americans Still Missing Stimulus Checks
Millions Of Americans Still Missing Stimulus Checks
September 21, 2020  |  Economy

Incomplete government records could have resulted in around 8.7 million Americans miss $1,200 payments, according to a government watchdog, the Associated Press reported Monday (Sept. 21). Get...

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US Household Wealth Hits Highs In Spite Of Economic Trouble
US Household Wealth Hits Highs In Spite Of Economic Trouble
September 21, 2020  |  Economy

Despite the struggling economy, U.S. household wealth hit new highs in 2020, according to a report by the Federal Reserve. Get the Full Story Complete the...

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Experts See Financial Pain As COVID Aid Wanes
Experts See Financial Pain As COVID Aid Wanes
September 21, 2020  |  Economy

The failure of lawmakers to agree on additional COVID-19 relief has left some policy experts including Federal Reserve Chairman Jerome H. Powell worried that the...

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California Freezes Jobless Claims As Anti-Fraud Efforts Trigger Massive Backlog
California Freezes Jobless Claims As Anti-Fraud Efforts Trigger Massive Backlog
September 21, 2020  |  Cybersecurity

California is putting all new unemployment benefits claims on hold for the next two weeks as it tries to sort out an epic backlog affecting...

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