economy

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

Short-Term Rental Platform Guesty Notches $170M to Fuel Hospitality Space

Short-Term Rental Platform Guesty Notches $170M to Fuel Hospitality Space
Short-Term Rental Platform Guesty Notches $170M to Fuel Hospitality Space
August 16, 2022  |  Travel Payments

Short-term rental (STR) and hospitality platform Guesty raised $170 million in a Series E funding round to fuel the company’s growth and new product development...

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Citi Names IBM Exec Ryan Rugg, FinTech Veteran David Cunningham to TTS Digital Team
Citi Names IBM Exec Ryan Rugg, FinTech Veteran David Cunningham to TTS Digital Team
August 16, 2022  |  Personnel

Citi has named Wall Street and IBM veteran Ryan Rugg as its global head of digital assets for treasury and trade solutions (TTS). Get the...

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Walmart CEO: We’re a More Digital, Relevant, Omnichannel Retailer
Walmart CEO: We’re a More Digital, Relevant, Omnichannel Retailer
August 16, 2022  |  Retail

By most measures, the past three months have been some of the toughest that Walmart has faced in decades, as the bite of inflation has...

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Home Depot’s Record Q2 Shows Nesting Trend Not Done Yet
Home Depot’s Record Q2 Shows Nesting Trend Not Done Yet
August 16, 2022  |  Retail

A backlog of home improvement projects among professional customers helped The Home Depot keep its momentum in the second quarter of fiscal 2022 as the...

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ThredUP: Apparel Resale ‘Uniquely Positioned’ to Weather Storm as Orders, Buyers Rise
ThredUP: Apparel Resale ‘Uniquely Positioned’ to Weather Storm as Orders, Buyers Rise
August 16, 2022  |  Retail

Clothing reseller thredUP saw double-digit percentage increases in the number of orders and buyers on its platform during the second quarter. Get the Full Story...

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Walmart Insights on Impact of Cheaper Gas Set to Dominate Q2 Conversation
Walmart Insights on Impact of Cheaper Gas Set to Dominate Q2 Conversation
August 15, 2022  |  Retail

In some ways, Walmart’s upcoming second-quarter earnings report is like waiting for a slow-moving hurricane to make landfall, with the main question being not if...

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Weber Cuts Managers, Keeps Brand Ambassadors, as Sales Drop 20%
Weber Cuts Managers, Keeps Brand Ambassadors, as Sales Drop 20%
August 15, 2022  |  Retail

Grill maker Weber is planning a 10% “reduction of force” in its management staff after reporting a 21% drop in sales Monday (Aug. 15). Get...

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Affirm CEO: Recession Will Prove Our Underwriting Smarts
Affirm CEO: Recession Will Prove Our Underwriting Smarts
August 14, 2022  |  BNPL

Affirm Holdings has seen its stock down 77% since a November high, but founder Max Levchin is confident that his company will be able to...

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