economy

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

Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands

Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands
Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands
August 10, 2022  |  Retail

In the face of growing economic headwinds, footwear and apparel maker Wolverine Worldwide said its continued focus on meeting strong consumer demand for outdoor and...

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Stressed Consumers Get Some Relief As July Inflation Dips to 8.5%
Stressed Consumers Get Some Relief As July Inflation Dips to 8.5%
August 10, 2022  |  Economy

The government’s closely watched CPI report showed Wednesday (Aug 10) that inflation eased to 8.5% in July, marking a larger than expected dip from the...

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FinTech Startups Endure ‘Down Rounds’ as VC Money Dries Up
FinTech Startups Endure ‘Down Rounds’ as VC Money Dries Up
August 09, 2022  |  Startups

A recent souring of the global equity markets is having dire effects for startups that were previously doing well, Reuters reported Tuesday (Aug. 9). Get...

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Microsoft Asks Employees to Cut Travel, Training Expenses
Microsoft Asks Employees to Cut Travel, Training Expenses
August 09, 2022  |  Big Tech

Microsoft is asking employees to cut back on spending on things like travel, training and company events in an effort to keep costs under control....

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Allbirds’ Omnichannel Evolution From D2C Pure-Play Can’t Happen Fast Enough
Allbirds’ Omnichannel Evolution From D2C Pure-Play Can’t Happen Fast Enough
August 09, 2022  |  Retail

Earnings season in an inflationary climate can be a drag, as brands continue to trim outlooks and reposition for a long fall and winter of...

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Signet Jewelers Buys Blue Nile to Tap Bridal Market, Expand Digital
Signet Jewelers Buys Blue Nile to Tap Bridal Market, Expand Digital
August 09, 2022  |  Retail

Positioning itself in a jewelry market that’s being impacted by the downturn in the economy, Signet Jewelers announced Tuesday (Aug. 9) that it is acquiring...

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Nearly Two-Thirds of Consumers Are Uncertain About Their Ability to Afford Food
Nearly Two-Thirds of Consumers Are Uncertain About Their Ability to Afford Food
August 08, 2022  |  Consumer Finance

As food costs rise and the economy heads for a recession, many consumers are becoming anxious about whether they will be able to keep food...

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Blue Apron CEO: Meal Kit Customers Take Price Increases on the Chin
Blue Apron CEO: Meal Kit Customers Take Price Increases on the Chin
August 08, 2022  |  Earnings

As inflation continues and the impending recession weighs heavy on consumers’ minds, many are making changes to their food purchasing. However, meal kit company Blue...

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