economy

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

McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise

McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
July 29, 2024  |  Earnings

McDonald’s sales fell for the first time since 2020 as lower-income consumers stayed home. Get the Full Story Complete the form to unlock this article and...

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Doomsday Ready: Costco Aims to Be the Go-To Retailer for Preppers
Doomsday Ready: Costco Aims to Be the Go-To Retailer for Preppers
July 27, 2024  |  Retail

As many consumers look for ways to ease their doomsday anxieties, Costco is positioning itself as the go-to retailer for consumers who are worried about...

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Consumer Sentiment Shows Widening Gap Between Low- and High-Income Consumers
Consumer Sentiment Shows Widening Gap Between Low- and High-Income Consumers
July 26, 2024  |  Economy

The bifurcation in consumer spending — between higher-income and lower-income individuals and households — looks set to widen. Get the Full Story Complete the form...

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GDP Report Mixes Economic Growth With Slower Pace of Consumer Spending
GDP Report Mixes Economic Growth With Slower Pace of Consumer Spending
July 25, 2024  |  Economy

The newest reading on gross domestic product (GDP) — for the second quarter, only a few weeks in the books — shows a quickening pace...

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US Business Activity Reaches Highest Level in 27 Months
US Business Activity Reaches Highest Level in 27 Months
July 24, 2024  |  Economy

U.S. business activity rose to its highest level in 27 months in July, S&P Global said Wednesday (July 24). Get the Full Story Complete the...

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Shop Talk: High-End Consumers Swap Fancy Threads for Fancy Sweets
Shop Talk: High-End Consumers Swap Fancy Threads for Fancy Sweets
July 24, 2024  |  Retail

As consumers cut back on many premium products in the face of ongoing economic challenges, luxury chocolate brand MarieBelle New York is benefitting from shoppers’...

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Earnings Season Shows Companies Still Spending on Corporate Cards
Earnings Season Shows Companies Still Spending on Corporate Cards
July 23, 2024  |  Earnings

As banks weighed in this month with their earnings reports, Wall Street has focused on earnings per share, investment banking revenues and the state of...

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Global Freight Recession Drives UPS Profits Down by Over 30%
Global Freight Recession Drives UPS Profits Down by Over 30%
July 23, 2024  |  Earnings

Softened pricing, heightened labor cost, and a freight demand pullback are battering the shipping sector. Get the Full Story Complete the form to unlock this...

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