economy

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

Restaurant Group Says Pandemic Could Cost Industry $240B

Restaurant Group Says Pandemic Could Cost Industry $240B
Restaurant Group Says Pandemic Could Cost Industry $240B
June 15, 2020  |  Retail

The restaurant industry, hit hard by the effects of the coronavirus, has lost $120 billion in the first three months of the pandemic, reported the...

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Airlines Are Using Frequent-Flyer Programs As Collateral For Loans To Stay Alive
Airlines Are Using Frequent-Flyer Programs As Collateral For Loans To Stay Alive
June 15, 2020  |  Economy

In times of crisis, we mortgage what we have to get to where we need to be. Get the Full Story Complete the form to...

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Late Payments Haunt 52 Pct Of B2Bs Across Asia
Late Payments Haunt 52 Pct Of B2Bs Across Asia
June 15, 2020  |  B2B Payments

Businesses across Asia are grappling with a surge in overdue payments and invoices, a new report finds. Get the Full Story Complete the form to...

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Kudlow Slams $600-A-Week Extra Jobless Benefits, Says Trump Might OK Back-To-Work Bonus
Kudlow Slams $600-A-Week Extra Jobless Benefits, Says Trump Might OK Back-To-Work Bonus
June 15, 2020  |  Economy

White House Economic Adviser Larry Kudlow said in a CNN interview that the $600-a-week funds that Americans receive on top of regular unemployment benefits might...

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24 Hour Fitness Seeks Chapter 11 Bankruptcy Protection
24 Hour Fitness Seeks Chapter 11 Bankruptcy Protection
June 15, 2020  |  Economy

24 Hour Fitness, the privately owned gym chain, announced Monday (June 15) that it filed for Chapter 11 bankruptcy protection, according to a press release....

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Report: US Indoor Dining Shows Signs Of Life
Report: US Indoor Dining Shows Signs Of Life
June 15, 2020  |  Retail

The decision by most states to allow diners to eat indoors at restaurants as coronavirus restrictions are eased, seems to be having an impact, according...

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Fed’s Kaplan: Unemployment Rate May Stay As High As 8 Pct
Fed’s Kaplan: Unemployment Rate May Stay As High As 8 Pct
June 14, 2020  |  Economy

In an interview with “Face the Nation,” Dallas Federal Reserve President Robert Kaplan said he expects some recovery in the unemployment rate this year, although...

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US Household Net Worth Drops Record 6.5 Pct In Q1
US Household Net Worth Drops Record 6.5 Pct In Q1
June 14, 2020  |  Economy

Stimulus payments to taxpayers totaling $267 billion was not enough to avoid a decline in household net worth in the first quarter on 2020, the...

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