economy

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

Unemployment Claims Fell 13K Week Before Holiday
Unemployment Claims Fell 13K Week Before Holiday
December 26, 2019  |  Economy

The number of people in the U.S. who are filing for unemployment continues to fall, according to a report by Reuters. Get the Full Story...

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Record Holiday Sales Send Amazon Stock Soaring
Record Holiday Sales Send Amazon Stock Soaring
December 26, 2019  |  Amazon

Amazon led the highest ever S&P 500 Index thanks to robust holiday sales that made 2019 “record-breaking” for the eCommerce giant, Bloomberg reported on Thursday...

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November Home Sales Surge, October Numbers Down
November Home Sales Surge, October Numbers Down
December 23, 2019  |  Economy

The number of U.S. single-family homes sold in November increased from previous rates, but at the same time, the number from October turned out to...

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Consumer Spending Drives US GDP Up 2 Pct
Consumer Spending Drives US GDP Up 2 Pct
December 22, 2019  |  Economy

With the current U.S. economy indicating brief warning signals of a slowdown in the last quarter to a .5 percent annual rate or lower, the...

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Paris Strikes Drive 30 Pct Drop In Sales For Paris Retailers
Paris Strikes Drive 30 Pct Drop In Sales For Paris Retailers
December 16, 2019  |  Economy

Current strikes in France over a potential pension overhaul have adversely affected retail sales during the holiday season, according to a report by Bloomberg.  Get...

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China Beats Growth Expectations In Retail, Industry
China Beats Growth Expectations In Retail, Industry
December 16, 2019  |  Retail

As government support backed demand in the second-biggest economy in the world, growth in the retail and industrial sectors of China came out ahead of...

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US Retail Sales Increased 0.2 Pct In November
US Retail Sales Increased 0.2 Pct In November
December 13, 2019  |  Retail

As Americans reduced their discretionary spending, retail sales in the United States rose by a level that was lower than expected in November. The Commerce...

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ECB Head Calls For Clear Goals On Potential Crypto
ECB Head Calls For Clear Goals On Potential Crypto
December 12, 2019  |  Cryptocurrency

The head of the European Central Bank (ECB), Christine Lagarde, said she wants a task force to identify clear objectives regarding the ECB’s proposed digital...

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Report: Early Holiday Sales Up 2.2 Pct. YOY
Report: Early Holiday Sales Up 2.2 Pct. YOY
December 05, 2019  |  Economy

A new report by Bank of America Merrill Lynch Global Research said this holiday shopping season has been the best since 2013, according to a...

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