economy

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

JPMC Co-CEO Sees Big Tech As ‘Real Competitors’ In 2020

JPMC Co-CEO Sees Big Tech As ‘Real Competitors’ In 2020
JPMC Co-CEO Sees Big Tech As ‘Real Competitors’ In 2020
December 27, 2019  |  Economy

Daniel Pinto, the co-president and chief operating officer of JPMorgan Chase, told CNBC in an interview that 2020 will likely see sturdy economic growth of...

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Big Banks Surge Amid Strong Holiday Spending
Big Banks Surge Amid Strong Holiday Spending
December 26, 2019  |  Economy

Some of the largest U.S. banks, like JPMorgan Chase, Bank of America (BoA) and Citigroup, gained as consumers spent during a robust holiday season, according...

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Indian Public Listings Fall $2.7B YOY
Indian Public Listings Fall $2.7B YOY
December 26, 2019  |  Investments

Initial public offerings (IPOs) in India during 2019 have dropped to a four-year low as the Southeast Asian country’s economy cools, according to Reuters. Analysts anticipate...

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Corporate China Reaches New High For Loan Defaults
Corporate China Reaches New High For Loan Defaults
December 26, 2019  |  B2B Payments

Corporates across China have reached a record high for loan defaults in 2019, according to a Financial Times report from Thursday (Dec. 26). Get the...

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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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