economy

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

Amex CFO Sounds Alarm Over Post-Lockdown Furloughs

Amex CFO Sounds Alarm Over Post-Lockdown Furloughs
Amex CFO Sounds Alarm Over Post-Lockdown Furloughs
June 03, 2020  |  Economy

A top American Express executive sees trouble on the horizon for the economy as the effects of the COVID-19 recession continue to devastate. Get the...

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Moody’s Economist: ‘The COVID-19 Recession Is Over’
Moody’s Economist: ‘The COVID-19 Recession Is Over’
June 03, 2020  |  Economy

While companies cut nearly 2.8 million jobs last month, Mark Zandi, chief economist at Moody’s Analytics, said it was far less than forecast and the...

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Mortgage Purchase Applications Rise For Seventh Consecutive Week
Mortgage Purchase Applications Rise For Seventh Consecutive Week
June 03, 2020  |  Loans

One of the few bright spots in the nation’s ailing economy is the housing market. Fueled by the lowest home loan rates in the nation’s...

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India To Offer $6.6 Billion To Attract Smartphone Manufacturers
India To Offer $6.6 Billion To Attract Smartphone Manufacturers
June 03, 2020  |  Mobile

India, looking to attract more global investments in the manufacture of mobile phones, is offering financial incentives and a wealth of plug-and-play facilities, Bloomberg reports....

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Trump Considers Next Stimulus
Trump Considers Next Stimulus
June 02, 2020  |  Economy

President Donald Trump will meet with senior advisors this week to discuss the possibilities of another pandemic-related stimulus package, this time with a focus on...

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Wells Fargo Cuts Off Lending Services For Independent Car Dealers
Wells Fargo Cuts Off Lending Services For Independent Car Dealers
June 02, 2020  |  Loans

Wells Fargo will no longer be giving loans to independent auto dealers, according to a report from CNBC. Get the Full Story Complete the form...

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Atlanta Fed: Real GDP Estimated To Fall 52.8 Pct In Q2
Atlanta Fed: Real GDP Estimated To Fall 52.8 Pct In Q2
June 02, 2020  |  Economy

Real gross domestic product (GDP) is projected to plummet 52.8 percent in the second quarter, according to the Federal Reserve Bank of Atlanta’s GDPNow as...

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Marriott Opens Its China Properties Again Amid Travel Recovery
Marriott Opens Its China Properties Again Amid Travel Recovery
June 02, 2020  |  Economy

As Marriott surfaces out of pandemic lockdowns, the company has reopened all of its hotels in China and has experienced a corporate travel recovery, the...

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