economy

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

Census Data and Earnings Season Continue to Underscore eCommerce’s 4Q Bounce 

Census Data and Earnings Season Continue to Underscore eCommerce’s 4Q Bounce 
Census Data and Earnings Season Continue to Underscore eCommerce’s 4Q Bounce 
February 20, 2024  |  eCommerce

The eCommerce bounce — at least for the fourth quarter — has been considerable. Get the Full Story Complete the form to unlock this article...

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U.S. Gives GlobalFoundries $1.5 Billion to Accelerate Domestic Semiconductor Industry
U.S. Gives GlobalFoundries $1.5 Billion to Accelerate Domestic Semiconductor Industry
February 20, 2024  |  Technology

When it comes to technological advances, the small things frequently have the biggest impact. Get the Full Story Complete the form to unlock this article...

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Digital Experience, Trade Credit Mark Home Depot’s B2B Strategy
Digital Experience, Trade Credit Mark Home Depot’s B2B Strategy
February 20, 2024  |  Earnings

The Home Depot, the world’s largest home improvement retailer, is shrinking its 2024 earnings guidance. Get the Full Story Complete the form to unlock this...

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Nike Layoffs Point to Economic Pressures on Retail Spending
Nike Layoffs Point to Economic Pressures on Retail Spending
February 16, 2024  |  Personnel

Nike is laying off thousands of employees, as consumers’ ongoing financial pressures make it harder for them to justify nonessential purchases, such as adding more...

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Consumers’ Retail Inflation Expectations Are Beginning to Ease
Consumers’ Retail Inflation Expectations Are Beginning to Ease
February 16, 2024  |  Consumer Insights

As consumers look ahead to the rest of the year, many are not as concerned about retail inflation as they once were. Get the Full...

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Report: Checkout.com UK’s Business Reports Fivefold Increase in Losses
Report: Checkout.com UK’s Business Reports Fivefold Increase in Losses
February 15, 2024  |  Economy

Online payment processing platform Checkout.com has reportedly recorded a $126 million loss in its U.K. business. Get the Full Story Complete the form to unlock this...

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Shares of Smaller AI Firms Rise After Nvidia Discloses Investments
Shares of Smaller AI Firms Rise After Nvidia Discloses Investments
February 15, 2024  |  Artificial Intelligence

Shares of smaller artificial intelligence (AI) firms reportedly experienced a rally Thursday (Feb. 15) after Nvidia, the world’s leading AI chipmaker, disclosed its stake in them...

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Mytheresa Focuses on Big Spenders Over Deal Seekers
Mytheresa Focuses on Big Spenders Over Deal Seekers
February 15, 2024  |  Earnings

As consumers’ financial pressures continue, luxury eCommerce platform Mytheresa is resisting the trend of catering to those seeking offers and discounts, instead increasing its focus...

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