economy

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

ADP: U.S. Only Gained A Disappointing 428,000 Private-Sector Jobs in August

ADP: U.S. Only Gained A Disappointing 428,000 Private-Sector Jobs in August
ADP: U.S. Only Gained A Disappointing 428,000 Private-Sector Jobs in August
September 02, 2020  |  Economy

Private-sector employment went up by 428,000 jobs last month, said the ADP National Employment Report. That’s an improvement over the previous month’s 167,000 jobs, but...

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Chinese Consumers Resume Buying Luxury Brands
Chinese Consumers Resume Buying Luxury Brands
September 01, 2020  |  Cross-border Payments

Chinese consumers who have the money to spend are doing exactly that on retail splurges — but that hasn’t translated evenly across all sectors of...

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Fed’s Brainard: Additional Stimulus Required To Counter Pandemic Effects
Fed’s Brainard: Additional Stimulus Required To Counter Pandemic Effects
September 01, 2020  |  Economy

A Federal Reserve governor said Tuesday (Sept. 1) that the central bank has to launch initiatives “in coming months” to assist the economy in surmounting...

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Report: Job Growth In Next Decade Predicted Slower Than Great Recession
Report: Job Growth In Next Decade Predicted Slower Than Great Recession
September 01, 2020  |  Economy

U.S. employment is projected to increase by 6 million jobs over the decade from 2019 through 2029. Get the Full Story Complete the form to...

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Evictions Loom As A Fresh Blow To Brick-And-Mortar Retailers
Evictions Loom As A Fresh Blow To Brick-And-Mortar Retailers
September 01, 2020  |  Retail

Will the death of brick-and-mortar retail come through the courts? Perhaps call it “death by several thousand evictions.” Get the Full Story Complete the form to...

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US Corporations Owe Creditors Record $10.5T In Debt
US Corporations Owe Creditors Record $10.5T In Debt
September 01, 2020  |  Debt

The pandemic has fueled a record $10.5 trillion debt owed to creditors by U.S. corporations, 30 times the debt of 50 years ago, MarketWatch reported,...

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Delta, American Join United In Eliminating Change Fees In US
Delta, American Join United In Eliminating Change Fees In US
August 31, 2020  |  Travel Payments

Delta Air Lines and American Airlines, looking to draw customers back during the pandemic, are dropping change fees for domestic flights, CNBC reported Monday (Aug....

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India’s GDP Shrinks 24 Pct In Second Quarter
India’s GDP Shrinks 24 Pct In Second Quarter
August 31, 2020  |  Cross-border Payments

India’s gross domestic product (GDP) fell by 24 percent in the second quarter (Q2) as the pandemic took its toll on the nation’s economy, according...

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