economy

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

Hilton To Cut 2,100 Employees Due To Pandemic

Hilton To Cut 2,100 Employees Due To Pandemic
Hilton To Cut 2,100 Employees Due To Pandemic
June 16, 2020  |  Economy

With the hospitality industry slammed by the COVID-19 crisis, Hilton Worldwide Holdings said it planned to cut about 22 percent of its corporate workforce globally,...

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SMBs Look For Lawsuit-Liability Protection As They Plan Reopening
SMBs Look For Lawsuit-Liability Protection As They Plan Reopening
June 16, 2020  |  Economy

Main Street shops and restaurants are preparing to reopen in the safest way they can conceive of — with things like masked staff, temperature checks,...

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US Retail And Food Service Sales Jump A Record 17.7 Pct In May
US Retail And Food Service Sales Jump A Record 17.7 Pct In May
June 16, 2020  |  Retail

U.S. retail and food services sales rebounded in May from April amid the pandemic, but they were still under levels seen in May  2019, according...

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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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