economy

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

Garment Factories Reeling As Importers Stop Orders Among Weak Sales

Garment Factories Reeling As Importers Stop Orders Among Weak Sales
Garment Factories Reeling As Importers Stop Orders Among Weak Sales
May 05, 2020  |  Retail

The coronavirus pandemic has caused a rift in the relationship between apparel manufacturers and retailers, resulting in lost profits and canceled payments as the economy...

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US Household Debt Hits All-Time High
US Household Debt Hits All-Time High
May 05, 2020  |  Debt

Household debt has risen substantially in 2020 thus far, shooting up to $14.3 trillion, a number bypassing the height of the Great Recession by $1.6...

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US Meat Shortage Boosts Fortunes Of Plant-Based Meat Firms
US Meat Shortage Boosts Fortunes Of Plant-Based Meat Firms
May 05, 2020  |  Earnings

Not every company is suffering as the world’s economy has come to a virtual standstill and the pandemic death toll rises. Get the Full Story...

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Airbnb Says 2020 Revenue Will Be Halved
Airbnb Says 2020 Revenue Will Be Halved
May 05, 2020  |  Retail

Despite an infusion of $2 billion from investors last month, Airbnb said the pandemic has forced the layoff of 1,900 employees, or 25 percent of...

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COVID-19’s Impact On Retail’s Reopening And The Healthcare System 
COVID-19’s Impact On Retail’s Reopening And The Healthcare System 
May 05, 2020  |  Today In Data

Policymakers, economists and epidemiologists have been modeling the cost/benefit of reopening the economy, and consumers have been making their own calculations. In retail, Macy’s and Simon Property Group are heading up the...

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US Treasury Eyes Borrowing Almost $3 Trillion In Second Quarter
US Treasury Eyes Borrowing Almost $3 Trillion In Second Quarter
May 04, 2020  |  Debt

To fight the coronavirus pandemic, the U.S. government said it is planning to borrow $2.99 trillion in the second quarter this year, a record number,...

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Testing, Cleaning Rules Needed Before Schools Reopen, Public Health Experts Say
Testing, Cleaning Rules Needed Before Schools Reopen, Public Health Experts Say
May 04, 2020  |  Economy

With talk about reopening the U.S. economy come questions around how schools are going to handle reopening. Get the Full Story Complete the form to...

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1 In 4 US Cardholders Saw Credit Limit Cut Over The Last Month
1 In 4 US Cardholders Saw Credit Limit Cut Over The Last Month
May 04, 2020  |  Consumer Finance

Nearly 50 million credit card customers in the U.S. said they have had their credit limit slashed or their card closed in the past month...

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