economy

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

US Unemployment Rate Drops To 11 Pct; Jobless Claims Fall To 1.4M

US Unemployment Rate Drops To 11 Pct; Jobless Claims Fall To 1.4M
US Unemployment Rate Drops To 11 Pct; Jobless Claims Fall To 1.4M
July 02, 2020  |  Economy

The U.S. economy added a record 4.8 million nonfarm jobs in June and the unemployment rate fell to a lower-than-expected 11.1 percent, the U.S. Labor...

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The One Employment Stat That Could Threaten The Recovery
The One Employment Stat That Could Threaten The Recovery
July 02, 2020  |  Economy

Many Americans have seen their household incomes become one of COVID-19’s many casualties, as the U.S. unemployment rate has skyrocketed and millions of workers who...

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Global Tourism Faces Multi-Trillion-Dollar Hit From COVID-19
Global Tourism Faces Multi-Trillion-Dollar Hit From COVID-19
July 01, 2020  |  Economy

The tourism sector in the United States will take the biggest hit of any country in the world from COVID-19, with China a distant second,...

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ADP Report Shows US Added Nearly 2.4M Private-Sector Jobs in June
ADP Report Shows US Added Nearly 2.4M Private-Sector Jobs in June
July 01, 2020  |  Economy

It’s not exactly “Happy Days Are Here Again,” but private sector employment increased by nearly 2.4 million jobs from May to June, according to the...

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Consumer Confidence Index Sees Increase In June
Consumer Confidence Index Sees Increase In June
June 30, 2020  |  Economy

The Consumer Confidence Index rose in June, The Conference Board reported in a Tuesday (June 30) press release, but it is still not back to pre-pandemic...

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Goldman Sachs: Face Mask Mandate Would Cut Infections, Help Economy 
Goldman Sachs: Face Mask Mandate Would Cut Infections, Help Economy 
June 30, 2020  |  Economy

Goldman Sachs has an idea for Capitol Hill to cut the daily growth rate of COVID-19 cases and help the economy: mandatory face masks. Get...

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Labor Agency Finds COVID-19 Took Bigger Toll On Jobs Than Forecast
Labor Agency Finds COVID-19 Took Bigger Toll On Jobs Than Forecast
June 30, 2020  |  Economy

COVID-19 and the shutdowns enacted to combat the virus deprived the world’s workers of the equivalent of 480 million 40-hour-a-week jobs during the past three...

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Pulling B2B Payments Into The New Economy
Pulling B2B Payments Into The New Economy
June 30, 2020  |  B2B Payments

Despite making major strides in functionality, legacy payment rails like ACH still come with their challenges — especially when facilitating B2B payments. Get the Full...

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