economy

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

Bank of America CEO Brian Moynihan Says Economy Has Normalized

Bank of America CEO Brian Moynihan Says Economy Has Normalized
Bank of America CEO Brian Moynihan Says Economy Has Normalized
December 05, 2023  |  Economy

Bank of America CEO Brian Moynihan said Tuesday (Dec. 5) that there are signs of the economy slowing down but expressed optimism that it will experience a soft...

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Billing Software Firm BILL to Reduce Workforce by 15% Amid Restructuring
Billing Software Firm BILL to Reduce Workforce by 15% Amid Restructuring
December 05, 2023  |  Personnel

BILL will reduce its global workforce by 15% as part of a restructuring. Get the Full Story Complete the form to unlock this article and...

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Job Openings Drop to 2021 Levels as Hiring Slows
Job Openings Drop to 2021 Levels as Hiring Slows
December 05, 2023  |  Economy

New data from the U.S. Labor Department shows job openings at their lowest level in more than two years. Get the Full Story Complete the...

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Bank Execs Expected to Push Back Against Capital Hikes
Bank Execs Expected to Push Back Against Capital Hikes
December 04, 2023  |  Bank Regulation

Bank CEOs are set to appear before the Senate Banking Committee to protest new regulations and capital hikes, arguing that these measures will harm the...

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Deflation Trend Could Pull Inflation Back to 2%
Deflation Trend Could Pull Inflation Back to 2%
December 03, 2023  |  Economy

Deflation has made its presence known, and could help bring inflation down to 2%. Get the Full Story Complete the form to unlock this article...

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Christmas Tree Costs Soar, Yet Consumers Still Pine for Authenticity 
Christmas Tree Costs Soar, Yet Consumers Still Pine for Authenticity 
December 02, 2023  |  Retail

As the festive season sleighs in and inflation plays Scrooge, one can’t help but wonder: Are folks still decorating their homes with real Christmas trees? ...

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Fed: Smaller Banks Report Pressure on Commercial Loan Demand
Fed: Smaller Banks Report Pressure on Commercial Loan Demand
November 30, 2023  |  Economy

The Federal Reserve’s Beige Book — released eight times a year — collects qualitative observations about current economic conditions across the central bank’s dozen districts....

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Cracker Barrel Bets on Digital Rewards to Combat Declining Revenue
Cracker Barrel Bets on Digital Rewards to Combat Declining Revenue
November 30, 2023  |  Earnings

As restaurants turn to technology to weather the economic storm, Cracker Barrel has finally gotten into rewards and is now counting on its new loyalty...

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