economy

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

Consumer Credit Scores Hit Record High
Consumer Credit Scores Hit Record High
May 30, 2017  |  Consumer Finance

Consumers in the U.S. have seen their credit scores reach record highs in the spring at the same time that the number of Americans who...

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The CFPB’s Fact Finding Into SMB Lending (And Why Bankers Are Worried)
The CFPB’s Fact Finding Into SMB Lending (And Why Bankers Are Worried)
May 30, 2017  |  CFPB

After seven years of offering close scrutiny to any and all aspects of consumer lending — mortgage underwriting, car loans, short-term lending, credit cards, debt collection,...

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GDP Growth Slowed Less Than Expected But Concerns Abound
GDP Growth Slowed Less Than Expected But Concerns Abound
May 29, 2017  |  Consumer Finance

The economy in the U.S. slowed at a rate that was less than initially expected during the first three months of the year, but business...

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Americans Are Borrowing Like It’s 2008 … Sort Of
Americans Are Borrowing Like It’s 2008 … Sort Of
May 23, 2017  |  Alternative Finances

It took almost a full decade, but Americans’ debt level has reached a new all-time high, surpassing the $12.68 trillion peak it reached in the...

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Alibaba Growth Spurt Is Promising, Yet Portentous
Alibaba Growth Spurt Is Promising, Yet Portentous
May 19, 2017  |  International

Alibaba is getting consumers to spend more money online, and that would appear to be a good thing for the Chinese eCommerce giant, which provides...

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US Consumer Sentiment Up Again In May
US Consumer Sentiment Up Again In May
May 15, 2017  |  Consumer Finance

Despite all the political rancor going on in the U.S., consumer sentiment among consumers increased in May based on preliminary data from the University of...

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GDP Growth Slows Markedly — And Possibly Temporarily — In 1Q
GDP Growth Slows Markedly — And Possibly Temporarily — In 1Q
April 28, 2017  |  Economy

Slow going, at least for now. The U.S. economy showed growth, albeit muted, in the first quarter of 2017. And in fact, the latest numbers...

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Bank Of America Beats Q1 Expectations, CEO Says Economy Healthy
Bank Of America Beats Q1 Expectations, CEO Says Economy Healthy
April 21, 2017  |  Banking

Things are looking far different for Bank of America compared to a few years back. And while the prospect of more interest rate hikes and...

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Stimulus Unwind Targets Fed’s Balance Sheet
Stimulus Unwind Targets Fed’s Balance Sheet
April 06, 2017  |  Investments

Two hikes or three. Maybe less. On Wall Street, the guessing game over the last several months has been predicated on the “will they or...

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