economy

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

Consumer Tech Spending To Grow More Than 5 Pct This Year

Consumer Tech Spending To Grow More Than 5 Pct This Year
Consumer Tech Spending To Grow More Than 5 Pct This Year
October 11, 2019  |  Retail

Spending on technology is expected to keep rising, and is projected to reach $1.69 trillion this year, which is 5.3 percent higher than last year....

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Michigan University’s Consumer Survey Shows Continued Economic Rebound 
Michigan University’s Consumer Survey Shows Continued Economic Rebound 
October 11, 2019  |  Economy

The preliminary results of an Oct. 1-10 survey of American consumers by the University of Michigan show an unexpected upturn, with respondents anticipating larger income...

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Credit Card Interest Rates Rise To Near-Record Levels
Credit Card Interest Rates Rise To Near-Record Levels
October 09, 2019  |  Economy

The average interest rates on credit cards are nearing record levels, in spite of a 50-basis-point decline on a 10-year note yield. Get the Full...

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SMBs Enter 2019’s Final Quarter With Plate Full Of Concerns
SMBs Enter 2019’s Final Quarter With Plate Full Of Concerns
October 08, 2019  |  B2B Payments

The year’s final quarter is upon us, marking an opportunity to look back at Q3 and obtain a reading of small businesses’ most pressing —...

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As Unemployment Hits Fresh Low, Signs That US Economy Is Cooling
As Unemployment Hits Fresh Low, Signs That US Economy Is Cooling
October 04, 2019  |  Economy

The headline numbers trumpet that the unemployment rate is at a 50-year low. But the latest data points show a more mixed picture — not...

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Data Points To US Consumer Spending Slowdown
Data Points To US Consumer Spending Slowdown
October 03, 2019  |  Economy

Consider the stock market free fall a bit of a lagging indicator — one that seems to be playing catch-up to the U.S. economy’s slowing...

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Reserve Bank Of Zimbabwe Clamps Down On Mobile Money Services 
Reserve Bank Of Zimbabwe Clamps Down On Mobile Money Services 
September 30, 2019  |  Cross-border Payments

Zimbabwe, in an attempt to control the spiraling inflation problem with its currency, is restricting mobile money and tightening controls for foreign exchange outfits. It is...

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Study: Economic Impact Of Internet Tops $2.1T In US
Study: Economic Impact Of Internet Tops $2.1T In US
September 26, 2019  |  Economy

New data shows that the internet sector accounted for $2.1 trillion of the U.S. economy in 2018 — about 10 percent of the nation’s gross...

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