economy

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

Fed Report Details Steps To Prevent ‘Severe Consequences’ Of Stablecoin Crisis

Fed Report Details Steps To Prevent ‘Severe Consequences’ Of Stablecoin Crisis
Fed Report Details Steps To Prevent ‘Severe Consequences’ Of Stablecoin Crisis
November 17, 2019  |  Economy

The U.S. Federal Reserve Board has issued a warning about a possible stablecoin crisis and its impact on the global economy. Get the Full Story...

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Small Chinese Banks Struggle To Stay Afloat
Small Chinese Banks Struggle To Stay Afloat
November 17, 2019  |  Cross-border Payments

Following years of brisk expansion, China’s smaller financial institutions are seeing hard times as customers turn to larger banks and the local economy slows, the...

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October Retail Up 0.3 Percent Despite Trade War, Recession Fear
October Retail Up 0.3 Percent Despite Trade War, Recession Fear
November 15, 2019  |  Retail

Retail sales rose 0.3 percent in October, rebounding from a 0.3 percent drop the previous month, CNBC reported on Friday (Nov. 15), citing a U.S....

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Port of Los Angeles Volumes Show Trade War Impact
Port of Los Angeles Volumes Show Trade War Impact
November 14, 2019  |  Cross-border Payments

To get a sense of how the trade war – the one between China and the United States – is having an impact beyond the...

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UK Sees Biggest Economic Slowdown In Nearly A Decade
UK Sees Biggest Economic Slowdown In Nearly A Decade
November 11, 2019  |  Economy

The U.K. economy ducked a recession but the economy grew at its slowest annual rate since the third quarter in 2010, Reuters reported on Monday...

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UK Retail Up 0.6 Percent Despite Bureaucratic Instability
UK Retail Up 0.6 Percent Despite Bureaucratic Instability
November 05, 2019  |  Retail

October retail spending was up 0.6 percent in the U.K. compared to October 2018, in spite of the turmoil over Brexit and the upcoming general...

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Signs Of U.S.-China Trade Deal Lift Stocks To Record Highs
Signs Of U.S.-China Trade Deal Lift Stocks To Record Highs
November 04, 2019  |  Cross-border Payments

Wall Street’s three main indexes all hit record highs on Monday (Nov. 4), on news of technology gains and the nearing of a deal with...

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Study: US Housing Market Slows Down As Homeowners Stay Put Longer
Study: US Housing Market Slows Down As Homeowners Stay Put Longer
November 04, 2019  |  Real Estate

U.S. homeowners’ decision to stay in their homes longer is keeping much-needed inventory off the real estate market, causing a slip in home sales. Get...

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