economy

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

Corporate Cash Holdings Declined In 2018
Corporate Cash Holdings Declined In 2018
June 10, 2019  |  Investments

U.S. corporate balance sheets have declined since the 2017 tax overhaul signed into law by President Donald Trump, as companies allocated more money to share...

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Trade War Casualty: Chinese Tourism — And Businesses Serving Tourists
Trade War Casualty: Chinese Tourism — And Businesses Serving Tourists
June 07, 2019  |  Economy

Trade wars are wars where injuries accrue cut by cut, tariff by tariff, slices taken off the top of GDP. But getting a bit granular,...

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Jobs Number Shows Trade War Hitting Home?
Jobs Number Shows Trade War Hitting Home?
June 07, 2019  |  Economy

The headline numbers are these: The latest jobs report shows that 75,000 jobs were created in the United States last month. A slew of economists, as...

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Spain’s Central Bank Calls For Deposit Insurance Scheme
Spain’s Central Bank Calls For Deposit Insurance Scheme
May 28, 2019  |  Regulation

The Bank of Spain wants eurozone countries to complete their banking alliance by creating a deposit insurance scheme and a stabilization fund. Get the Full...

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Retailers In Britain Say Sales Are The Worst In 10 Years
Retailers In Britain Say Sales Are The Worst In 10 Years
May 24, 2019  |  Economy

A survey of British retailers by the Confederation of British Industry (CBI) said retailers were witnessing the poorest sales performance this month in 10 years,...

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China’s Baoshang Bank Overtaken By Regulators
China’s Baoshang Bank Overtaken By Regulators
May 24, 2019  |  Bank Regulation

Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by...

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Transbank Upgrades To ACI’s UP Retail Payments Platform
Transbank Upgrades To ACI’s UP Retail Payments Platform
May 21, 2019  |  Digital Payments

ACI Worldwide, the global provider of real-time electronic payment and banking solutions, announced on Tuesday (May 21) that Transbank, the acquirer in Chile and an...

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Czech Banks To Invest $260M Into National Development Fund
Czech Banks To Invest $260M Into National Development Fund
May 20, 2019  |  Investments

Czech Prime Minister Andrej Babis has proposed a national development fund to help invest in social issues, digitization of the economy, education and transportation, according...

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US Credit Card Rates Hit All-Time High
US Credit Card Rates Hit All-Time High
May 17, 2019  |  Consumer Finance

Americans are now paying the highest level ever on credit card interest rates — and that could have a negative impact on consumer spending and...

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