economy

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

Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China

Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
April 17, 2020  |  News

In today’s top news, Uber withdrew 2020 guidance as it anticipate revenue decline, and China’s economy will record its first-ever GDP loss. Plus, banks can...

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China’s GDP Drop Creates Global Ripple Effects For Retail
China’s GDP Drop Creates Global Ripple Effects For Retail
April 17, 2020  |  Cross-border Payments

What will the ripple effects be for retailers (in the U.S. and around the globe) as China’s economy shrinks? Get the Full Story Complete the...

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The Rocky Road To Recovery: Cashless And Contactless, The Credit Crunch And A Community Effort
The Rocky Road To Recovery: Cashless And Contactless, The Credit Crunch And A Community Effort
April 17, 2020  |  News

As the COVID-19 crisis is now stretching toward the two-month mark, the size of its impact to the economy is becoming more well-defined and worrisome....

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Economists Say Global Recovery Could Take Longer Than Expected
Economists Say Global Recovery Could Take Longer Than Expected
April 17, 2020  |  Economy

For optimists who hoped the global economy would recover from the impact of the coronavirus pandemic within months, New York Federal Reserve Board President John...

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Retailers Explore Tentative Reopening Plans
Retailers Explore Tentative Reopening Plans
April 17, 2020  |  Retail

At long last, the retail community can start discussing plans to reopen. The Trump administration’s informal guidance released on Thursday (April 16) did not exactly...

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Coronavirus Triggers First-Ever GDP Decline In China
Coronavirus Triggers First-Ever GDP Decline In China
April 17, 2020  |  Economy

China’s economy is going through its worst three-month period in decades and will record its first-ever GDP loss — 6.8 percent in the first quarter...

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What’s Next For Small Businesses Amid The SBA PPP Loan Saga?
What’s Next For Small Businesses Amid The SBA PPP Loan Saga?
April 17, 2020  |  SMBs

On April 3, the federal government launched a heretofore unprecedented program to funnel money to U.S. small businesses hit hard by the coronavirus pandemic. Get...

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Data: 14 Pct Of US Workforce Now Without Jobs
Data: 14 Pct Of US Workforce Now Without Jobs
April 16, 2020  |  Economy

Fourteen percent of American workers are now unemployed because of the coronavirus pandemic, according to new data from CNBC. Get the Full Story Complete the...

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