economy

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

UK Financial Regulator Proposes Extended Grace Period Amid COVID-19

UK Financial Regulator Proposes Extended Grace Period Amid COVID-19
UK Financial Regulator Proposes Extended Grace Period Amid COVID-19
June 19, 2020  |  Economy

A top British financial services regulator Friday proposed new regulations that could help borrowers bracing for the end of consumer protections implemented as COVID-19 bore...

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Economists Recommend More Lenient Terms For Main Street Lending Program
Economists Recommend More Lenient Terms For Main Street Lending Program
June 18, 2020  |  Loans

A pair of former Federal Reserve economists said they think the government should ease the rules on who can participate in the U.S.’s Main Street...

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US Jobless Claims Down, But Still Above 1.5M 
US Jobless Claims Down, But Still Above 1.5M 
June 18, 2020  |  Economy

Unemployment claims fell slightly to 1.5 million last week, the 11th consecutive week the jobless numbers have declined, but higher than economists expected, according to...

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Powell Urges Congress Not To Pull Back On Stimulus Efforts
Powell Urges Congress Not To Pull Back On Stimulus Efforts
June 17, 2020  |  Economy

As lawmakers battle over another stimulus package, Federal Reserve Board Chairman Jerome Powell told Congress a recovery would be at risk if federal relief is...

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Home Construction Rebounds In May, But Trouble Lingers
Home Construction Rebounds In May, But Trouble Lingers
June 17, 2020  |  Economy

For the first time since U.S. home construction collapsed in March, the sector rebounded in May after steep declines caused by COVID-19 shutdowns, according to...

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Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic Damage
Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic...
June 17, 2020  |  News

In today’s top news, many jobless Americans can’t afford to seek medical care, and the Fed’s Jerome Powell said the economy is far from a...

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