economy

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

July Retail Sales Rise 1.2 Pct From June

July Retail Sales Rise 1.2 Pct From June
July Retail Sales Rise 1.2 Pct From June
August 14, 2020  |  Retail

The U.S. Census Bureau reported estimated advanced U.S. retail and food services sales for July of $536 billion, marking a rise of 1.2 percent (±...

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Airlines Prepare For Layoffs, Flight Cuts As Benefits End
Airlines Prepare For Layoffs, Flight Cuts As Benefits End
August 13, 2020  |  Economy

Robin Hayes, JetBlue‘s CEO, is adding his voice to the chorus of airline officials in need of more federal help for the airline industry, Bloomberg...

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US Jobless Claims Fall Below 1M For The First Time Since March
US Jobless Claims Fall Below 1M For The First Time Since March
August 13, 2020  |  Economy

The number of Americans who filed for jobless benefits fell below one million for the first time since late March, the U.S. Department of Labor...

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Fed Officials: Economy Unlikely To Recover Before Vaccine Is Available
Fed Officials: Economy Unlikely To Recover Before Vaccine Is Available
August 12, 2020  |  Economy

Federal Reserve officials said they don’t think the economy is coming back in full until the pandemic is contained, Reuters reported. Get the Full Story...

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Extension Of Unemployment Benefits Could Run Out In Weeks, Report Finds
Extension Of Unemployment Benefits Could Run Out In Weeks, Report Finds
August 12, 2020  |  Economy

An additional $400 a week in jobless benefits extended by President Donald Trump through an executive order may run out much sooner than anticipated, a...

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COVID Hits UK Economy Harder Than Other Developed Economies
COVID Hits UK Economy Harder Than Other Developed Economies
August 12, 2020  |  Europe

The impact of the coronavirus in Europe hit the United Kingdom (U.K.) especially hard. Get the Full Story Complete the form to unlock this article...

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Banks Brace For Wave Of Corporate Credit Calamities
Banks Brace For Wave Of Corporate Credit Calamities
August 11, 2020  |  Loans

Before the deluge – of possible bankruptcies, that is – come the provisions. Get the Full Story Complete the form to unlock this article and...

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Companies See COVID-19 Furloughs Becoming Permanent
Companies See COVID-19 Furloughs Becoming Permanent
August 11, 2020  |  Economy

Some big companies that trimmed payrolls in recent months as what were billed at the time as emergency responses to COVID-19 are making the job...

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