economy

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

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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US Household Spending Climbs
US Household Spending Climbs
November 01, 2019  |  Economy

Consumers boosted their spending in September by 0.2 percent going into the fourth quarter, matching August’s increase but coming in slightly below economists’ expectations, The...

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EU Consumer Confidence Declines To Lowest Point Since December
EU Consumer Confidence Declines To Lowest Point Since December
October 24, 2019  |  Europe

Data shows that consumer confidence in the European Union has fallen to its lowest level since the end of last year. Get the Full Story...

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Sen. Warren Presses Mnuchin On Recent Issues In Repo Markets
Sen. Warren Presses Mnuchin On Recent Issues In Repo Markets
October 22, 2019  |  Regulation

Recent short-term, or repo, lending issues have Sen. Elizabeth Warren worried that banks could potentially use the problems to justify easing regulations on the banking...

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Study: FIs Must Be Stronger To Prepare For Economic Slump
Study: FIs Must Be Stronger To Prepare For Economic Slump
October 22, 2019  |  Banking

McKinsey’s annual review of global banks shows that financial institutions are generally not strong enough to weather an economic slump, Bloomberg reported on Monday (Oct....

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Tariffs, Trade Tensions Impact Auto Shipping
Tariffs, Trade Tensions Impact Auto Shipping
October 21, 2019  |  Economy

The lingering impacts of various trade wars are refashioning supply chains and slowing the flow of goods across borders and across various logistics corridors —...

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Top News In Payments: PayPal To Roll Out Venmo Credit Card; Mastercard Teams With WHSmith For Pay By Bank
Top News In Payments: PayPal To Roll Out Venmo Credit Card; Mastercard Teams With WHSmith...
October 18, 2019  |  News

Today in the payment’s news roundup, PayPal is teaming with Synchrony Financial to put forward a Venmo co-branded credit card next year. Also, Mastercard is...

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Despite China’s Slowing Economy, Credit Demand Still Strong
Despite China’s Slowing Economy, Credit Demand Still Strong
October 18, 2019  |  International

Chinese online finance giant Ant Financial, headed by billionaire Jack Ma, is seeing an uptick in the desire for credit among small and medium businesses...

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China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
October 18, 2019  |  International

Economic growth in China is at a near-30-year low in the third quarter as tariffs start to negatively affect factory production, Reuters reported on Thursday...

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