economy

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

Retailers In Britain Say Sales Are The Worst In 10 Years
Retailers In Britain Say Sales Are The Worst In 10 Years
May 24, 2019  |  Economy

A survey of British retailers by the Confederation of British Industry (CBI) said retailers were witnessing the poorest sales performance this month in 10 years,...

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China’s Baoshang Bank Overtaken By Regulators
China’s Baoshang Bank Overtaken By Regulators
May 24, 2019  |  Bank Regulation

Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by...

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Transbank Upgrades To ACI’s UP Retail Payments Platform
Transbank Upgrades To ACI’s UP Retail Payments Platform
May 21, 2019  |  Digital Payments

ACI Worldwide, the global provider of real-time electronic payment and banking solutions, announced on Tuesday (May 21) that Transbank, the acquirer in Chile and an...

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Czech Banks To Invest $260M Into National Development Fund
Czech Banks To Invest $260M Into National Development Fund
May 20, 2019  |  Investments

Czech Prime Minister Andrej Babis has proposed a national development fund to help invest in social issues, digitization of the economy, education and transportation, according...

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US Credit Card Rates Hit All-Time High
US Credit Card Rates Hit All-Time High
May 17, 2019  |  Consumer Finance

Americans are now paying the highest level ever on credit card interest rates — and that could have a negative impact on consumer spending and...

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China Tariffs Will Cause Price Hike At Walmart
China Tariffs Will Cause Price Hike At Walmart
May 16, 2019  |  Retail

Walmart’s prices will rise due to the ongoing trade war between the U.S. and China, according to a report by Reuters. The company shared the...

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Retail Sales Seesawing In 2019
Retail Sales Seesawing In 2019
May 15, 2019  |  Economy

Retail sales in the U.S. declined in April, according to the latest figures released by the Commerce Department. Retail sales were down 0.2 percent in...

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Tencent Net Income Rises Despite Slow Sales, Economy In China
Tencent Net Income Rises Despite Slow Sales, Economy In China
May 15, 2019  |  Earnings

Tencent, China’s popular online and entertainment company, saw its slowest sales growth since it went public in 2004, as it battled a sputtering economy and...

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US Retail Sales Fall In April
US Retail Sales Fall In April
May 15, 2019  |  Retail

As Americans reduced their spending on appliances and clothes, among other items, retail sales in the U.S. dropped in April. The Commerce Department said on...

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