economy

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

Amazon To Offer Jobs To Most Of Workers Hired In Pandemic

Amazon To Offer Jobs To Most Of Workers Hired In Pandemic
Amazon To Offer Jobs To Most Of Workers Hired In Pandemic
May 31, 2020  |  Amazon

Of the 175,000 workers Amazon brought on board during the coronavirus pandemic, the eCommerce titan plans to keep over half of them, Reuters reported. Get...

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Alabama Reopens And COVID-19 Cases Soar 300 Pct Month Over Month
Alabama Reopens And COVID-19 Cases Soar 300 Pct Month Over Month
May 31, 2020  |  Economy

After Alabama reopened on May 1, the state has seen coronavirus cases surge by 300 percent month over month, with intensive care units (ICUs) at...

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Pandemic Leads To Short-Term Rental Sell-Off
Pandemic Leads To Short-Term Rental Sell-Off
May 31, 2020  |  Economy

The coronavirus pandemic has many smaller property owners looking to unload their properties to save money, which could lead to big owners seeing a market...

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Is Congress Finally About To Fix PPP’s Many Problems?
Is Congress Finally About To Fix PPP’s Many Problems?
May 31, 2020  |  SMBs

Congress adopted the $600 billion-plus Paycheck Protection Program (PPP) to help American small- to medium-sized businesses (SMBs) stay afloat by using forgiveness loans to keep...

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Chicago Purchasing Managers Index Tumbles To 38-Year Low
Chicago Purchasing Managers Index Tumbles To 38-Year Low
May 29, 2020  |  Economy

The widely watched Chicago Purchasing Managers Index fell to 32.3 in May, hitting its lowest level since the recession year of 1982 as the COVID-19...

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Survey: Despite Pandemic, 1 In 4 Americans Say Their Wallets Are Fatter
Survey: Despite Pandemic, 1 In 4 Americans Say Their Wallets Are Fatter
May 29, 2020  |  Economy

While the number of laid-off workers who filed for jobless benefits exceeded 40 million last week, 1 in 10 Americans say COVID-19 has boosted their...

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Sweden’s Economy Grew In Q1 In Absence Of Lockdown
Sweden’s Economy Grew In Q1 In Absence Of Lockdown
May 29, 2020  |  International

Sweden is winning the race among European nations to restore the economy from the coronavirus pandemic, according to data published on Friday (May 29), CNBC...

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The Week In Payments: How Businesses Can Navigate The Road To Recovery
The Week In Payments: How Businesses Can Navigate The Road To Recovery
May 29, 2020  |  News

Most every state in the U.S. this week is starting to walk the road to recovery. Mandatory stay-at-home orders are easing and businesses are beginning to reopen, albeit...

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U.S. Savings Rate Hits Record-High 33 Pct, But Spending Falls A Record 13.6 Pct
U.S. Savings Rate Hits Record-High 33 Pct, But Spending Falls A Record 13.6 Pct
May 29, 2020  |  Economy

The consumer savings rate hit a historic 33 percent in April, as Americans hunkered down amid COVID-19, the U.S. Bureau of Economic Analysis (BEA) announced Friday...

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