Consumers Saved $2.9 Trillion During The Pandemic

“Consumers in the world’s largest economies amassed $2.9 trillion in extra savings during Covid-related lockdowns, a vast cash hoard that creates the potential for a powerful recovery from the pandemic recession,” Bloomberg reports. “Half that total — $1.5 trillion and growing — is in the U.S. alone.”

Topics:  covid-related   bloomberg    half   u.s    consumers   trillion   pandemic   
BING NEWS:
  • Future of Payment Review – who will pay?
    Future of Payment review published in 2023 on behalf of the UK Government, reflected the complexity of the current environment in the UK for instant payment. The review is clear that the UK needs to ...
    04/26/2024 - 1:32 am | View Link
  • US consumers on lower incomes face loan stress while banks pull back
    U.S. borrowers on lower incomes are increasingly struggling to keep up with their loan payments, according to recent data and bank executives, prompting banks to become more cautious about dishing out ...
    04/22/2024 - 10:12 am | View Link
  • Victims of Columbine school shooting remembered on 25th anniversary
    A vigil set up by advocates including gun safety organizations was the main public event marking Saturday's anniversary.
    04/20/2024 - 1:30 pm | View Link
  • EVs will generate $1.2 trillion: it won’t be for the carmakers, it will be for you
    The EV industry is going to generate 1.2 trillion in the United States: it won't go to the car manufacturers, so it will benefit you from now on ...
    04/20/2024 - 1:00 am | View Link
  • SLB Announces First-Quarter 2024 Results, Targeting to Return $7 Billion to Shareholders Over 2024–2025
    Revenue of $8.71 billion increased 13% year on year GAAP EPS of $0.74 increased 14% year on year EPS, excluding charges and credits, of $0.75 increased 19% year on year Net income attributable to SLB ...
    04/18/2024 - 11:50 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News