economy

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

Powell: Low Rates Stay Until Economy Is On ‘Road To Recovery’

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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Stimulus Relief Checks: Less Spending, More Saving
Stimulus Relief Checks: Less Spending, More Saving
April 28, 2020  |  Economy

Starting last week, the COVID-19 stimulus funds began hitting the bank accounts of citizens nationwide. All in, the $290 billion program – part of the $...

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