economy

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

Private Jet Demand Dips as Prices Rise and COVID Fears Fade
Private Jet Demand Dips as Prices Rise and COVID Fears Fade
August 16, 2024  |  Travel Payments

Private jet charter flights reportedly experienced a decline of 15% in the first half of this year compared to their peak in 2022. The drop...

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U. Mich Survey Shows Consumer Sentiment Improves, but Inflation Worries Linger
U. Mich Survey Shows Consumer Sentiment Improves, but Inflation Worries Linger
August 16, 2024  |  Economy

Things may get better over the longer term, but right now things are tough. To that end, the University of Michigan’s Consumer Sentiment Index, gauging...

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Consumer Sentiment Remains Steady, Subject to Their Presidential Election Expectations
Consumer Sentiment Remains Steady, Subject to Their Presidential Election Expectations
August 16, 2024  |  Economy

Consumer sentiment has remained fairly steady thus far in August, inching up 2.1% compared to the previous month and down 2.3% compared to August 2023....

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FinTech IPO Index Jumps 5% as Sezzle and Expensify Lead the Upside
FinTech IPO Index Jumps 5% as Sezzle and Expensify Lead the Upside
August 16, 2024  |  Fintech Investments

Earnings powered the FinTech IPO Index 5% higher in a week that was, as has been the case for the last month, dominated by earnings....

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Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
August 15, 2024  |  Economy

The urge to splurge resurged in July as consumers shrugged off inflation and visited on-site retailers to conduct their everyday spending. As reported by the...

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4 in 10 Independent Restaurants Use Real-Time Payments
4 in 10 Independent Restaurants Use Real-Time Payments
August 15, 2024  |  Real-Time Payments

The restaurant industry faces financial strain due to inflation and economic downturns, with sales growth projections for 2024 cut to 3.8% from earlier estimates. As...

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Inflation Is Down. Will Paycheck-to-Paycheck Consumers Notice?
Inflation Is Down. Will Paycheck-to-Paycheck Consumers Notice?
August 14, 2024  |  Economy

Inflation is at a multiyear low, according to July’s Consumer Price Index from the U.S. Department of Labor. Inflation has broken through an important psychological...

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Name Brands and Private Labels Battle for Grocery Shelf Space
Name Brands and Private Labels Battle for Grocery Shelf Space
August 14, 2024  |  Retail

There’s a battle brewing over shelf space in America’s grocery stores. As The Wall Street Journal (WSJ) reported Wednesday (Aug. 14), this conflict is being driven by...

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Ride-Hailing Platforms’ Earnings Underscore Gig Economy’s Momentum
Ride-Hailing Platforms’ Earnings Underscore Gig Economy’s Momentum
August 13, 2024  |  Gig Economy

The side hustle — and the ancillary streams of income those hustles provide — now is a lifeline in the paycheck-to-paycheck economy, across all income...

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