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American companies spent years in an economic boom. Then the coronavirus hit.
The pandemic could cast a long shadow, permanently changing how companies spend money, sell goods and run their businesses......»»
Alibaba Sales Jump 61%, Fueled by Online Spending
Chinese e-commerce titan Alibaba reported a 61% increase in sales, as Chinese consumers continued to spend on the internet despite slowing economic growth......»»
The Wall Street Journal: Auto makers stung by falling sales in China in 2018
Chinese passenger-vehicle sales fell last year for the first time since 1990 as economic uncertainty weighed on consumers, producing a wreck for Ford Motor Co., General Motors Co. and other manufacturers......»»
New York man who pilfered millions from private school was thrown out of Brian Laundrie lawyer"s office
A New York private school exec who stole millions from students before prosecutors uncovered 11 years of money laundering will spend 8 1/3 to 25 years in prison......»»
Economic Preview: Jobs are coming back as the U.S. economy speeds up and the coronavirus wanes
Consumers flush with stimulus money are spending like mad and businesses are rushing to keep up by pumping out more goods and services. So don't be shocked if the U.S. adds millions of new jobs in the next several months......»»
The Big Move: ‘It would be nice to spend money and go on vacations’: I’m 58 and have lived in my home for 40 years. Can I afford a house and semi-retirement?
'I still owe money on my house and will not pay it off before retirement unless I move.'.....»»
The Big Move: ‘It would be nice to spend money and go on vacations’: I’m 58 and have lived in my home for 40 years. Should I downsize and rent?
'I still owe money on my house and will not pay it off before retirement unless I move.'.....»»
The Shopper"s High: MIT Study Says "Neural Reward Mechanisms" Trigger Credit Card Spending
For years, banks and credit card companies have known customers tend to spend more money when buying with credit cards instead of cash. read more.....»»
Peter Morici: Biden’s progressive agenda will harden post-pandemic social divisions
Democrats will spend a lot of money, but the economic and political problems that divide this nation will fester.....»»
Macronix cautious about 3Q20
Macronix International's growth in the third quarter of 2020 may not enjoy peak seasonal effects as seen in past years, due to growing economic uncertainty arising from the coronavirus pandemic, according to company president CY Lu......»»
Alphabet"s Sidewalk Labs has abandoned its ambitious plan for a $900 million high-tech neighborhood in Toronto, following economic uncertainty and years of controversy (GOOG, GOOGL)
Sidewalk Labs Sidewalk Labs' ambitious $900 million plan to build a high-tech neighbourhood in Toronto has come to an end, as.....»»
After 3 years of sacrificing to pay off $80,000 of student loans, we built an emergency fund instead of taking a break. Now, it"s clear that was the right move.
Cecilie_Arcurs/Getty Images My wife and I paid off her $80,000 of student loan debt in a little under three years from when she graduated. Rather than spend the money we previously .....»»
With Stores Shuttered, Stifel Turns Bullish On eBay
Ongoing stay-at-home directives and mass closures of physical retail stores due to the coronavirus has prompted consumers to spend more money online, and this trend bodes well for eBay Inc (NASDAQ: EBAY), according to S.....»»
After Coronavirus, Entertainment Will Never Be the Same
The pandemic is revealing pressure points across the industry as consumers are left with more time than money to spend on content......»»
How the virus transformed the way Americans spend their money
"This is the sharpest decline in consumer spending that we have ever seen,†says one economist. Here’s a look at where American consumers are cutting back......»»
Americans hit by economic shocks as confusion, stumbles undermine Trump’s stimulus effort
Small businesses say they can't get money. Consumers complain of help lines never picking up. And some quick reversals by policymakers are causing some confusion......»»
Teams That Won a Championship on a Shoestring Budget
Typically, pro sports teams that spend more money on players are more successful. In recent years, American sports leagues have instituted financial restrictions on teams to keep a more level playing........»»
What do the Fed"s latest moves mean for U.S. consumers?
The U.S. Federal Reserve unleashed new emergency measures on Sunday night to limit the economic harm from the coronavirus, including making it easier for banks to get money and slashing its benchmark borrowing rate to near zero......»»
JobsOhio wants to spend more on economic development in 5 years than it paid for state liquor biz
JobsOhio wants to more than double its grants, loans and other economic development programs to up to $300 million yearly, or $1.5 billion over the next five years. That's more than the $1.4 bilion private economic development group paid in 2013 .....»»
Zombie debt: CFPB proposal could trick consumers into bringing dead debts back to life
Debt collectors lose the right in many states to sue consumers after a few years. The new proposal would let debt collectors keep trying to recoup the money as long as they tell consumers upfront that they can no longer be sued......»»