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Consumers drive economy while businesses cut back

State health officials say nearly all New Yorkers won't see health care premium increases through the New Yorkers have until Dec. 15 to enroll for coverage effective Jan. 1, and until Jan. 31 for... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

Economy slows, Fed hits brakes, and uncertainty clouds Washington’s next steps

Trump promised at least 3 percent growth a year, an annual pace he has yet to achieve. Consumers are still spending, but businesses have pulled back sharply as the trade war and global tensions escalate......»»

Category: topSource: washpostOct 30th, 2019

Big banks say U.S. consumers sturdy

Quarterly results from four of the largest U.S. banks Tuesday showed that American consumers are helping to prop up the economy, even as recession fears have led businesses to pull back on spending and borrowing. Fred Katayama reports......»»

Category: videoSource: reutersOct 15th, 2019

Big banks say U.S. consumers sturdy as businesses quiver with growth fears

Quarterly results from four of the largest U.S. banks on Tuesday showed that American consumers are helping to prop up the economy, even as recession fears have led businesses to pull back on spending and borrowing......»»

Category: topSource: reutersOct 15th, 2019

Consumers on Firm Footing, Businesses Wary as 2019 Nears

The U.S. economy struck mixed chords as it rounded out the year, with consumer confidence high and households spending robustly but manufacturers pulling back as the global economy cools......»»

Category: smallbizSource: wsjDec 22nd, 2018

US economy "early stages of coming back": Trump

Businesses are starting to reopen and stocks have rallied from the March lows.....»»

Category: topSource: foxnews10 hr. 35 min. ago

The economy is tiptoeing back to life as Americans start spending again

Consumers are buying, from meals to mortgages. But the rebound is fragile......»»

Category: dealsSource: nytMay 26th, 2020

Gov. Cuomo says US economy won"t bounce back on its own post-pandemic because "too many" small businesses have closed and corporations won"t rehire laid-off workers

Albin Lohr-Jones/Pacific Press/LightRocket via Getty Images New York Gov. Andrew Cuomo said the US economy won't recover on its own be.....»»

Category: topSource: businessinsiderMay 24th, 2020

Japan braces for worst postwar slump as pandemic tips economy into recession

Japan's economy slipped into recession for the first time in 4-1/2 years in the last quarter, putting the nation on course for its deepest postwar slump as the coronavirus crisis ravages businesses and consumers......»»

Category: topSource: reutersMay 18th, 2020

Japan slips into recession, slump set to worsen as pandemic wreaks havoc

Japan's economy slipped into recession for the first time in 4-1/2 years, putting the nation on course for its deepest postwar slump as the coronavirus crisis ravages businesses and consumers......»»

Category: topSource: reutersMay 17th, 2020

Caroline Baum: The economy can’t really come back until consumers feel safe

Short of a vaccine, Americans won’t be eager to board an airplane, sit in a crowded theatre or pack into a sports stadium......»»

Category: topSource: marketwatchMay 7th, 2020

To help the US economy bounce back from the pandemic, we need to make sure businesses aren"t buried by red tape

Britta Pedersen/picture alliance via Getty Images To help US businesses bounce back from the COVID-19 crisis, the Senate should include a rollback of some regulations in the next "rescue" package. We need to make it easier for businesses to reopen as q.....»»

Category: topSource: businessinsiderMay 7th, 2020

The Margin: West Virginia’s governor claims he’s never dropped an F-bomb before — this hilarious clip suggests otherwise

During a news conference West Virginia’s plan to reopen its economy, Gov. Jim Justice seemed to say that businesses will be able to get back to work “only if they f*****g follow the guidelines” to keep the state safe......»»

Category: topSource: marketwatchMay 5th, 2020

‘It’s something we’re going to have to get used to.’ How businesses reopening in Georgia could give a preview of what’s waiting for consumers across the country

Georgia is among the first states trying to reopen its economy......»»

Category: topSource: marketwatchApr 30th, 2020

Comcast faces cord-cutting risks as new TV content dries up

Cost-conscious consumers looking to cut back on their household expenses as the COVID-19 outbreak rocks the U.S. economy may take aim at pay-TV plans, warns Oppenheimer’s Timothy Horan, putting Comcast Corp. at risk......»»

Category: topSource: moneycentralApr 17th, 2020

The Ratings Game: Comcast faces big cord-cutting risk as COVID-19 limits new TV content, analyst cautions

Cost-conscious consumers looking to cut back on their household expenses as the COVID-19 outbreak rocks the U.S. economy may take aim at pay-TV plans, warns Oppenheimer’s Timothy Horan, putting Comcast Corp. at risk......»»

Category: topSource: marketwatchApr 17th, 2020

Polis shares initial plan to loosen coronavirus restrictions for businesses

With the state's coronavirus cases appearing to plateau, Colorado's governor is plotting out how to steer the economy back into working order......»»

Category: topSource: bizjournalsApr 15th, 2020

For some China businesses, there"s no going back to normal

As the second quarter begins in China, it's an altered landscape in the coronavirus-stricken economy with businesses that remain shut — some for good......»»

Category: topSource: moneycentralApr 2nd, 2020

For some Chinese businesses, there"s no going back to life

As the second quarter begins in China, it's an altered landscape in the coronavirus-stricken economy with businesses that remain shut — some for good......»»

Category: topSource: moneycentralApr 2nd, 2020

China"s auto industry wastes no time coaxing drivers back to showrooms after lockdown

China's auto industry has gone from zero to sixty in its post-pandemic campaign drive, with manufacturers and dealers quick to woo back lockdown-weary consumers through campaigns as unusual as a makeup-promoting personality touting car leasing......»»

Category: topSource: reutersMar 27th, 2020

Big banks reassure staff about potential job cuts

Big banks are postponing decisions about staff cuts as the coronavirus hits their businesses hard, with executives saying they are unsure how long the outbreak will hurt the economy and worried about being unprepared if business suddenly snaps back......»»

Category: topSource: reutersMar 26th, 2020