economy

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

Walmart and Amazon Expand Private-Label Plays to Compete in Grocery

Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
May 03, 2024  |  Retail

As Amazon looks to close the gap with Walmart in grocery, both retail giants are seeing the opportunity to win over shoppers with their private-label brands. Get the Full Story Complete...

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Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
May 02, 2024  |  Economy

This week, the Federal Reserve announced it will keep its benchmark interest rate in the same 5.25%–5.50% holding pattern that it has occupied since last...

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Initial Claims for Unemployment Unchanged, Signaling ‘Fairly Tight’ Labor Market
Initial Claims for Unemployment Unchanged, Signaling ‘Fairly Tight’ Labor Market
May 02, 2024  |  Economy

The number of initial claims for unemployment insurance held steady during the week ending on Saturday (April 27). Get the Full Story Complete the form...

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Fast-Food Slowdown May Mean Steeper Promotions
Fast-Food Slowdown May Mean Steeper Promotions
May 02, 2024  |  Economy

It’s been a season of slowing sales for quick-service restaurants (QSRs). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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If You’re Happy and You Know It, You Must Be Small
If You’re Happy and You Know It, You Must Be Small
May 02, 2024  |  David S. Evans

Finland did it again.  The World Happiness Report (WHR) came out in March. For the seventh straight year, it was No. 1. Keeping the top spot...

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Consumers Aren’t Buying Many Handmade Trinkets Amid Economic Concern
Consumers Aren’t Buying Many Handmade Trinkets Amid Economic Concern
May 01, 2024  |  Retail

As consumers continue to feel the economic strain, they are cutting back on buying boutique, handmade items from independent creators, per Etsy’s latest earnings call. ...

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US Construction Spending Sees Unexpected Drop in March
US Construction Spending Sees Unexpected Drop in March
May 01, 2024  |  Economy

Construction spending in the U.S. declined unexpectedly in March after being unchanged in February. Get the Full Story Complete the form to unlock this article...

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David’s Bridal: Vow Renewal Couples Want the Newlyweds Shopping Experience
David’s Bridal: Vow Renewal Couples Want the Newlyweds Shopping Experience
May 01, 2024  |  Retail

Consumers are willing to spend an arm and a leg on their weddings — possibly more than once, according to David’s Bridal. Get the Full Story...

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