U.S. economy

Economists Expect Limited Macro Impact From Student Loan Payment Resumption

Economists Expect Limited Macro Impact From Student Loan Payment Resumption
Economists Expect Limited Macro Impact From Student Loan Payment Resumption
October 02, 2023  |  Consumer Finance

The resumption of student loan payments will be only “a drop in the bucket” for the broader household sector, according to three Wells Fargo economists. While...

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Threatened UPS Strike Could Cost US Economy Billions
Threatened UPS Strike Could Cost US Economy Billions
July 13, 2023  |  Delivery

A looming strike at United Parcel Service (UPS) could have a sharp economic impact. A strike could cost over $7 billion in losses for just one...

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Will ‘Zombie Companies’ Eat The US Economy?
Will ‘Zombie Companies’ Eat The US Economy?
June 16, 2020  |  Economy

You know the setup — the one that’s part of seemingly every horror movie ever made. Would-be victims use their wits to outrun hordes of...

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Fed Bets Trillions In SMB Lending That Consumers Will Return
Fed Bets Trillions In SMB Lending That Consumers Will Return
April 10, 2020  |  Loans

A quick recovery may be in the cards. But so might a “false start.” Thursday morning, the U.S. Federal Reserve said that it had launched...

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U.S. Economic Growth ‘Still On Track’
U.S. Economic Growth ‘Still On Track’
November 28, 2019  |  Economy

While the U.S. economy is going into the fourth quarter strong, there are concerns about weaker consumer spending this holiday season. The Wall Street Journal...

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Personal Loan Growth Hints At Strategy Vs Credit Card Debt
Personal Loan Growth Hints At Strategy Vs Credit Card Debt
November 26, 2019  |  Consumer Finance

Call it a case of six of one, half dozen of the other. Call it a case of financial alchemy. Call it maybe — just...

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Number Of $100 Bills In Use Has Doubled Since 2008
Number Of $100 Bills In Use Has Doubled Since 2008
February 28, 2019  |  Cybersecurity

New data shows the number of U.S. $100 bills in circulation has doubled since 2008, with more than 12 billion of them around the world....

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Retail Sales Fell 1.2 Pct In December To $505.8B
Retail Sales Fell 1.2 Pct In December To $505.8B
February 14, 2019  |  Retail

As consumers contained their spending at the end of 2018, a consumer spending indicator posted its biggest decline in a decade. Retail sales fell by...

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