economy

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

Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance

Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance
Lenders Ask Homebuyers To Certify They Won’t Seek Forbearance
August 25, 2020  |  Loans

Mortgage lenders, seeking to keep losses low, are asking homebuyers if they plan to seek forbearance due to the current economic crisis, The Wall Street...

READ MORE >
Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
August 25, 2020  |  Economy

Retail employment in the U.K. has dropped 45 percent since May in the sharpest fall it has taken since the 2009 recession, the Confederation of...

READ MORE >
Experts: Restaurant Industry Could See Another Round Of Bankruptcies
Experts: Restaurant Industry Could See Another Round Of Bankruptcies
August 25, 2020  |  Economy

As the approaching colder months are set to make outdoor dining less feasible, and government money dries up, experts are predicting another cycle of restaurant...

READ MORE >
Cuomo Says NY Fashion Week Will Go Forward Outdoors, Virtual
Cuomo Says NY Fashion Week Will Go Forward Outdoors, Virtual
August 25, 2020  |  Retail

New York Gov. Andrew Cuomo has announced that New York Fashion Week will go forward this September, with a drastic reduction in spectators as events are moved outside. Get...

READ MORE >
Consumer Confidence Drops Again In August
Consumer Confidence Drops Again In August
August 25, 2020  |  Economy

The Conference Board’s Consumer Confidence Index declined for the second month in a row, dropping from 91.7 in July to a current reading at 84.8,...

READ MORE >
Gig Apps Work It On Latest PYMNTS Provider Ranking
Gig Apps Work It On Latest PYMNTS Provider Ranking
August 25, 2020  |  Mobile

Unemployment has always been a leading economic indicator, and by many accounts, the economy is in for a couple of years of recessionary behavior. Thank...

READ MORE >
Small Landlords Face Cash Crunch As A Third Of US Renters Don’t Pay
Small Landlords Face Cash Crunch As A Third Of US Renters Don’t Pay
August 24, 2020  |  Economy

Almost a third of renters in single-family or small multifamily properties couldn’t make their August rent, according to CNBC, citing a survey by Avail, a...

READ MORE >
Economists Predict Slow Recovery, Chance Of Double-Dip Recession
Economists Predict Slow Recovery, Chance Of Double-Dip Recession
August 24, 2020  |  Economy

The new report from the National Association of Business Economists (NABE) finds respondents to the August 2020 NABE Economic Policy Survey think the U.S. economy...

READ MORE >