economy

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

China Does About-Face On Tech Handover Demands

China Does About-Face On Tech Handover Demands
China Does About-Face On Tech Handover Demands
March 06, 2019  |  Cross-border Payments

Might one leg of the trade war between China and the United States have fallen away? Get the Full Story Complete the form to unlock...

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China To Institute Billions Of Dollars In Tax Cuts To Boost Economy
China To Institute Billions Of Dollars In Tax Cuts To Boost Economy
March 05, 2019  |  South East Asia

China is aiming to boost the economy by tax cuts and infrastructure spending in the billions of dollars range. Get the Full Story Complete the...

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Democrats Propose Tax On Stocks, Bond, Derivative Deals
Democrats Propose Tax On Stocks, Bond, Derivative Deals
March 04, 2019  |  Economy

In a move that could negatively impact high-frequency traders, Democrats are bringing forward a plan to tax stock, derivative and bond deals. U.S. Rep. Peter...

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Chinese Tech Companies Reining In Perks, Laying Off As Economy Slows
Chinese Tech Companies Reining In Perks, Laying Off As Economy Slows
March 04, 2019  |  South East Asia

Didi Chuxing, the Chinese ride-hailing startup, ByteDance, the mobile app maker in China, and other Chinese tech firms are reining in perks such as free...

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Personal Income, Consumer Spending Signal Weak Q1 Growth
Personal Income, Consumer Spending Signal Weak Q1 Growth
March 03, 2019  |  Economy

Amid the biggest drop in consumer spending since 2009, personal incomes in the U.S. declined for the first time in over three years. The moves...

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US Economic Growth In 4Q Not As Bad As Expected
US Economic Growth In 4Q Not As Bad As Expected
February 28, 2019  |  Economy

With the tax cut in the rear window, the growth in the U.S. economy slowed to an annual rate of 2.6 percent during the last...

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Young Adults Have Record Debt Surpassing $1T
Young Adults Have Record Debt Surpassing $1T
February 25, 2019  |  Debt

Americans between the ages of 19 and 29 ended 2018 collectively owing more than $1 trillion in debt, the highest level for young adults since...

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Moody’s Says Corporate Debt Is High, But Risks Are Contained
Moody’s Says Corporate Debt Is High, But Risks Are Contained
February 22, 2019  |  Banking

According to recent data from Moody’s investor services, corporate leverage in the U.S. has reached pre-2008 levels, meaning banks are facing risk that is elevated...

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