economy

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

Labor Secretary: $600 Unemployment Payouts No Longer Needed

Labor Secretary: $600 Unemployment Payouts No Longer Needed
Labor Secretary: $600 Unemployment Payouts No Longer Needed
July 05, 2020  |  Economy

Laid-off workers collecting federal unemployment benefits got some disappointing news from the nation’s U.S. Labor Secretary Sunday (July 5). Get the Full Story Complete the...

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Wells Fargo On What It Will Take To Revive The SMB Economy
Wells Fargo On What It Will Take To Revive The SMB Economy
July 03, 2020  |  SMBs

Small- and medium-sized businesses have been hit hard by the pandemic, but most are scrambling into digital pivots to blunt the impact of physical stores’...

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Chapter 11 Filings Are Up 43 Pct YOY
Chapter 11 Filings Are Up 43 Pct YOY
July 02, 2020  |  Economy

Almost 3,600 businesses filed for Chapter 11 bankruptcy in the first half of 2020, marking a rise of 26 percent, The Wall Street Journal reported....

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Chinese Banks Vie For SMBs With New Virtual Bank Applications
Chinese Banks Vie For SMBs With New Virtual Bank Applications
July 02, 2020  |  B2B Payments

New Chinese lender Ping An OneConnect, along with HSBC, are both working to help ease small- to medium-sized businesses (SMBs) into new virtual, more efficient...

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CBO: US GDP Will Grow 12 Pct In 2020
CBO: US GDP Will Grow 12 Pct In 2020
July 02, 2020  |  Economy

For the Congressional Budget Office (CBO), the glass is half full. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Saving Main Street: College Towns Deal With Economic Devastation
Saving Main Street: College Towns Deal With Economic Devastation
July 02, 2020  |  Economy

Downtowns everywhere from Maine to California are dealing with varying degrees of economic and existential pain as a result of the pandemic, but nowhere is...

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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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