economy

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

Truckers Still Feel Supply Chain Strain Despite Slower Demand

Truckers Still Feel Supply Chain Strain Despite Slower Demand
Truckers Still Feel Supply Chain Strain Despite Slower Demand
July 26, 2022  |  Supply Chain

The demand for trucking and other freight services slowed during the second quarter but still exceeds the capacity of a supply chain tested by the...

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As Walmart Warns, Consumers See Nearly 2 Years of Inflation Pain Ahead
As Walmart Warns, Consumers See Nearly 2 Years of Inflation Pain Ahead
July 26, 2022  |  Retail

Walmart’s profit warning on Monday (July 25) sent shockwaves through already jittery markets, in effect confirming new PYMNTS research showing that over half of U.S....

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Walmart Cuts Q2, FY23 Profit Outlook as It Lowers Prices to Move Goods
Walmart Cuts Q2, FY23 Profit Outlook as It Lowers Prices to Move Goods
July 25, 2022  |  Walmart

Walmart has slashed its outlook for both the second quarter along with the fiscal year 2023 as the economy continues to see troubled times, per...

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The Week Ahead: Earnings Will Spotlight Big Tech’s Payments Ambitions
The Week Ahead: Earnings Will Spotlight Big Tech’s Payments Ambitions
July 25, 2022  |  Earnings

The banks came first — weighing in on the state of the consumer, taking measures of credit and debit spending. Get the Full Story Complete...

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Inflation May Give Younger Consumers Pause Before Reaching for Their Cards
Inflation May Give Younger Consumers Pause Before Reaching for Their Cards
July 25, 2022  |  Consumer Finance

Inflation hits everyone, yes — and how they view their financial straits governs how they’ll spend in the near (and longer) term. Get the Full...

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The Data Point: Declines Dog 24% of Consumers With High Payments Diversification
The Data Point: Declines Dog 24% of Consumers With High Payments Diversification
July 25, 2022  |  Payment Methods

Not content to hit 8.6% in May, the Consumer Price Index (CPI) shifted to up to 9.1% in June, making consumers conflicted enough about inflation...

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Why Retailers Should Worry About Inflation but Dread the Wealth Effect
Why Retailers Should Worry About Inflation but Dread the Wealth Effect
July 25, 2022  |  Retail

A new survey of U.S. consumers, hot off the presses at PYMNTS, tells a lot about how they’re handling the current economic turmoil and when...

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Inflation Brings Worries by the Truckload as Freight Demand Slows
Inflation Brings Worries by the Truckload as Freight Demand Slows
July 22, 2022  |  Earnings

Demand for freight transportation is slowing as consumers cope with rising inflation, executives at Knight-Swift Transportation Holdings said Wednesday (July 20) during the company’s quarterly...

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