economy

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

JPMorgan Chase on Why Businesses Are ‘Cautiously Optimistic’ Headed Into 2024

JPMorgan Chase on Why Businesses Are ‘Cautiously Optimistic’ Headed Into 2024
JPMorgan Chase on Why Businesses Are ‘Cautiously Optimistic’ Headed Into 2024
December 15, 2023  |  Economy

Asked by Karen Webster to offer up her thoughts on the state of the U.S. economy and how businesses are approaching 2024, Ginger Chambless, head...

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Cash-Strapped Consumers Are Still Buying Small Indulgences
Cash-Strapped Consumers Are Still Buying Small Indulgences
December 14, 2023  |  Retail

There is an economic theory that can be traced back to the Great Depression of the 1930s: the Lipstick Effect, which suggests that even in...

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Costco Says Its Bargains Continue to Lure Consumers to Shop
Costco Says Its Bargains Continue to Lure Consumers to Shop
December 14, 2023  |  Earnings

When it comes to consumers and their buying habits, Costco said its deals are drawing bargain-hunting customers to its aisles.  Get the Full Story Complete...

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Subscription Merchants Implement BNPL to Woo Budget-Strapped Consumers
Subscription Merchants Implement BNPL to Woo Budget-Strapped Consumers
December 14, 2023  |  BNPL

More subscription merchants are offering buy now, pay later (BNPL) options to attract budget-constrained consumers, PYMNTS Intelligence finds, with the share increasing by the month....

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Buy Now Pay Later Helped Boost November Retail and Restaurant Sales
Buy Now Pay Later Helped Boost November Retail and Restaurant Sales
December 14, 2023  |  Economy

The headlines across various media outlets in the wake of the latest retail sales report zeroed in on the fact that the expectations had been...

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Competition for Consumers’ Grocery Spending Heats up Among Discount Retailers
Competition for Consumers’ Grocery Spending Heats up Among Discount Retailers
December 13, 2023  |  Economy

After years of trade-down in grocery and discount retailers’ consequent efforts to woo consumers with their food and beverage offerings, the space has grown significantly...

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Etsy Cuts 11% of Workforce as Sales Remain ‘Essentially Flat’
Etsy Cuts 11% of Workforce as Sales Remain ‘Essentially Flat’
December 13, 2023  |  Personnel

Etsy is laying off 225 employees — about 11% of its workforce — and restructuring its executive team. Get the Full Story Complete the form...

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Consumers Look for Ways to Pay for Holiday Travel
Consumers Look for Ways to Pay for Holiday Travel
December 13, 2023  |  Travel Payments

Consumers are doing whatever they can to be able to travel this holiday season, from cutting back on other purchases to funding their expenses with...

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