economy

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

China Reopens But Consumer Spending Remains Weak

China Reopens But Consumer Spending Remains Weak
China Reopens But Consumer Spending Remains Weak
April 29, 2020  |  Economy

Factories reopen. Supply chains re-linked. Businesses operating — on site. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Powell: Low Rates Stay Until Economy Is On ‘Road To Recovery’
Powell: Low Rates Stay Until Economy Is On ‘Road To Recovery’
April 29, 2020  |  Economy

Federal Reserve Chairman Jerome Powell said Wednesday (April 29) that the Fed will “not be in any hurry to withdraw [monetary stimulus] … until we’re...

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Study: Economic Damage Would Be Worse Without Lockdowns, Social Distancing
Study: Economic Damage Would Be Worse Without Lockdowns, Social Distancing
April 29, 2020  |  Economy

A new study reveals that government-imposed shutdowns and social distancing could cut the economic impact of COVID-19 in half. Get the Full Story Complete the...

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Amid COVID-19 Disaster, Warren Buffett Talks Up US, World Progress
Amid COVID-19 Disaster, Warren Buffett Talks Up US, World Progress
April 29, 2020  |  Economy

In a wide-ranging interview, world-renowned investor Warren Buffett weighed in on such topics as the coronavirus pandemic, the economic crisis it has created and the...

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U.S. 1Q GDP Tumbles 4.8 Pct, The Biggest Drop Since Great Recession
U.S. 1Q GDP Tumbles 4.8 Pct, The Biggest Drop Since Great Recession
April 29, 2020  |  Economy

U.S. gross domestic product (GDP) dropped 4.8 percent in the first quarter — its biggest decline since the 2008 Great Recession as the coronavirus pandemic slammed the...

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TripAdvisor Cuts 900 Staff As COVID-19 Decimates Travel
TripAdvisor Cuts 900 Staff As COVID-19 Decimates Travel
April 28, 2020  |  Economy

TripAdvisor is further cutting staff after already doing so earlier this year, with the coronavirus’s crippling blow crushing the travel business, according to a report...

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Fed Turns To Banks For Feedback On Main Street Lending Program
Fed Turns To Banks For Feedback On Main Street Lending Program
April 28, 2020  |  Loans

The Federal Reserve is nearly ready to debut its new Main Street lending program, and it is reaching out to banks for advice, according to...

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Consumer Confidence Plunged In April
Consumer Confidence Plunged In April
April 28, 2020  |  Consumer Insights

Indicators say the coronavirus pandemic devastated consumer’s confidence in April as business and labor market conditions declined. Get the Full Story Complete the form to...

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