economy

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

David Marcus Threatens That China Will Win If Libra Fails
David Marcus Threatens That China Will Win If Libra Fails
October 17, 2019  |  Cryptocurrency

David Marcus, the executive in charge of Facebook’s proposed cryptocurrency, Libra, said if Libra fails, the U.S. could fall behind China in the race for...

READ MORE >
Retail Sales Slump Raises Questions About Consumer Spending
Retail Sales Slump Raises Questions About Consumer Spending
October 16, 2019  |  Economy

One of the laws of physics, loosely phrased, is that an object in motion stays in motion, on its path, until outside forces act to...

READ MORE >
What’s Behind The Drop In US Retail Sales?
What’s Behind The Drop In US Retail Sales?
October 16, 2019  |  Retail

Retail sales in the U.S. decreased 0.3 percent September 2019, the first such decline in seven months, according to figures released Wednesday (Oct. 16) by...

READ MORE >
IMF: World Economy Will Grow Only 3 Pct In 2019
IMF: World Economy Will Grow Only 3 Pct In 2019
October 15, 2019  |  Economy

As the self-inflicted wounds of the trade war between the U.S. and China have made for a “precarious” economic state, the International Monetary Fund (IMF)...

READ MORE >
Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
Amid China’s Slowdown, Consumers Root For The Home Team (Of Retailers)
October 14, 2019  |  International

In retail and in eCommerce, to make inroads into a new market is challenging … especially if consumers root for the home team. Get the...

READ MORE >
World Bank Downgrades India’s GDP Forecast
World Bank Downgrades India’s GDP Forecast
October 13, 2019  |  Economy

The World Bank has downgraded India’s GDP forecast due to a decrease in domestic demand. Get the Full Story Complete the form to unlock this...

READ MORE >
Consumer Tech Spending To Grow More Than 5 Pct This Year
Consumer Tech Spending To Grow More Than 5 Pct This Year
October 11, 2019  |  Retail

Spending on technology is expected to keep rising, and is projected to reach $1.69 trillion this year, which is 5.3 percent higher than last year....

READ MORE >
Michigan University’s Consumer Survey Shows Continued Economic Rebound 
Michigan University’s Consumer Survey Shows Continued Economic Rebound 
October 11, 2019  |  Economy

The preliminary results of an Oct. 1-10 survey of American consumers by the University of Michigan show an unexpected upturn, with respondents anticipating larger income...

READ MORE >
Credit Card Interest Rates Rise To Near-Record Levels
Credit Card Interest Rates Rise To Near-Record Levels
October 09, 2019  |  Economy

The average interest rates on credit cards are nearing record levels, in spite of a 50-basis-point decline on a 10-year note yield. Get the Full...

READ MORE >