economy

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

Pandemic Leads To Short-Term Rental Sell-Off

Pandemic Leads To Short-Term Rental Sell-Off
Pandemic Leads To Short-Term Rental Sell-Off
May 31, 2020  |  Economy

The coronavirus pandemic has many smaller property owners looking to unload their properties to save money, which could lead to big owners seeing a market...

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Is Congress Finally About To Fix PPP’s Many Problems?
Is Congress Finally About To Fix PPP’s Many Problems?
May 31, 2020  |  SMBs

Congress adopted the $600 billion-plus Paycheck Protection Program (PPP) to help American small- to medium-sized businesses (SMBs) stay afloat by using forgiveness loans to keep...

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Chicago Purchasing Managers Index Tumbles To 38-Year Low
Chicago Purchasing Managers Index Tumbles To 38-Year Low
May 29, 2020  |  Economy

The widely watched Chicago Purchasing Managers Index fell to 32.3 in May, hitting its lowest level since the recession year of 1982 as the COVID-19...

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Survey: Despite Pandemic, 1 In 4 Americans Say Their Wallets Are Fatter
Survey: Despite Pandemic, 1 In 4 Americans Say Their Wallets Are Fatter
May 29, 2020  |  Economy

While the number of laid-off workers who filed for jobless benefits exceeded 40 million last week, 1 in 10 Americans say COVID-19 has boosted their...

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Sweden’s Economy Grew In Q1 In Absence Of Lockdown
Sweden’s Economy Grew In Q1 In Absence Of Lockdown
May 29, 2020  |  Cross-border Payments

Sweden is winning the race among European nations to restore the economy from the coronavirus pandemic, according to data published on Friday (May 29), CNBC...

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The Week In Payments: How Businesses Can Navigate The Road To Recovery
The Week In Payments: How Businesses Can Navigate The Road To Recovery
May 29, 2020  |  News

Most every state in the U.S. this week is starting to walk the road to recovery. Mandatory stay-at-home orders are easing and businesses are beginning to reopen, albeit...

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U.S. Savings Rate Hits Record-High 33 Pct, But Spending Falls A Record 13.6 Pct
U.S. Savings Rate Hits Record-High 33 Pct, But Spending Falls A Record 13.6 Pct
May 29, 2020  |  Economy

The consumer savings rate hit a historic 33 percent in April, as Americans hunkered down amid COVID-19, the U.S. Bureau of Economic Analysis (BEA) announced Friday...

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Mastercard Debuts COVID-Recovery Data Tools For Business, Gov’t
Mastercard Debuts COVID-Recovery Data Tools For Business, Gov’t
May 29, 2020  |  Mastercard

Mastercard‘s new Recovery Insights tool will attempt to help businesses and governments assess data during the pandemic in order to make smarter decisions, according to...

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