economy

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

Small Chinese Banks Struggle To Stay Afloat
Small Chinese Banks Struggle To Stay Afloat
November 17, 2019  |  International

Following years of brisk expansion, China’s smaller financial institutions are seeing hard times as customers turn to larger banks and the local economy slows, the...

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October Retail Up 0.3 Percent Despite Trade War, Recession Fear
October Retail Up 0.3 Percent Despite Trade War, Recession Fear
November 15, 2019  |  Retail

Retail sales rose 0.3 percent in October, rebounding from a 0.3 percent drop the previous month, CNBC reported on Friday (Nov. 15), citing a U.S....

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Port of Los Angeles Volumes Show Trade War Impact
Port of Los Angeles Volumes Show Trade War Impact
November 14, 2019  |  International

To get a sense of how the trade war – the one between China and the United States – is having an impact beyond the...

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UK Sees Biggest Economic Slowdown In Nearly A Decade
UK Sees Biggest Economic Slowdown In Nearly A Decade
November 11, 2019  |  Economy

The U.K. economy ducked a recession but the economy grew at its slowest annual rate since the third quarter in 2010, Reuters reported on Monday...

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UK Retail Up 0.6 Percent Despite Bureaucratic Instability
UK Retail Up 0.6 Percent Despite Bureaucratic Instability
November 05, 2019  |  Retail

October retail spending was up 0.6 percent in the U.K. compared to October 2018, in spite of the turmoil over Brexit and the upcoming general...

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Signs Of U.S.-China Trade Deal Lift Stocks To Record Highs
Signs Of U.S.-China Trade Deal Lift Stocks To Record Highs
November 04, 2019  |  International

Wall Street’s three main indexes all hit record highs on Monday (Nov. 4), on news of technology gains and the nearing of a deal with...

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Study: US Housing Market Slows Down As Homeowners Stay Put Longer
Study: US Housing Market Slows Down As Homeowners Stay Put Longer
November 04, 2019  |  Real Estate

U.S. homeowners’ decision to stay in their homes longer is keeping much-needed inventory off the real estate market, causing a slip in home sales. Get...

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Moody’s Predicts Difficult Retail Landscape, Lowers Profit Forecast
Moody’s Predicts Difficult Retail Landscape, Lowers Profit Forecast
November 01, 2019  |  Retail

A new report by Moody’s Investors Service predicts that growth for retailers will slow due to the costs of integrating eCommerce with brick-and-mortar operations as...

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The Jobs Report, Business Strength – And The Stubbornly Persistent Trade Credit Gap
The Jobs Report, Business Strength – And The Stubbornly Persistent Trade Credit Gap
November 01, 2019  |  Economy

Yes, the jobs report was strong, and yes, there had been a bit of caution coming into the Friday report on the heels of the...

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