economy

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

Inflation Is the Unwanted Party Crasher This Fourth of July

Inflation Is the Unwanted Party Crasher This Fourth of July
Inflation Is the Unwanted Party Crasher This Fourth of July
July 04, 2022  |  Economy

Pass the mustard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Crypto Downturn Hits Luxury Goods as Buyers Become More Cautious
Crypto Downturn Hits Luxury Goods as Buyers Become More Cautious
July 03, 2022  |  Economy

The meltdown in cryptocurrency prices and the resulting depletion of perceived wealth have taken a toll on the sellers of some old-tech luxury items —...

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Meta Clamps Down as Zuckerberg Tells Team to do More With Less
Meta Clamps Down as Zuckerberg Tells Team to do More With Less
July 01, 2022  |  Facebook / Meta

Meta told employees to brace for changing economic tides as it reduces hiring outlooks for engineers and leaves other positions unfilled, according to multiple media...

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May 2022: 58% of Consumers Live Paycheck to Paycheck, up From 54% a Year Ago
May 2022: 58% of Consumers Live Paycheck to Paycheck, up From 54% a Year Ago
July 01, 2022  |  Consumer Finance

The share of consumers living paycheck to paycheck increased by 4 percentage points between May 2021 and May 2022, according to “The New Reality Check,”...

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Panera Ends IPO Plans With Danny Meyer’s SPAC, Citing Souring Economy
Panera Ends IPO Plans With Danny Meyer’s SPAC, Citing Souring Economy
July 01, 2022  |  IPO

The year 2021 was a major year for restaurants and other food and beverage (F&B) businesses going public, with initial public offerings (IPOs) bringing in...

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Amazon vs Walmart Weekly: Was Q2 the Bottom or the Beginning?
Amazon vs Walmart Weekly: Was Q2 the Bottom or the Beginning?
July 01, 2022  |  Retail

The past three months of runaway inflation, rising interest rates, worries about the war in Europe and the gloomy bear market at home may not...

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As eCommerce Slows, FedEx Says It Will Rely on Efficiency
As eCommerce Slows, FedEx Says It Will Rely on Efficiency
June 30, 2022  |  Delivery

Top FedEx executives have laid out plans for helping the company recover over the next few years from the post-pandemic decline in online commerce, The...

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Meta Vows ‘Leaner, Meaner’ Operation as Business Climate Chills
Meta Vows ‘Leaner, Meaner’ Operation as Business Climate Chills
June 30, 2022  |  Facebook / Meta

Meta Platforms is looking into a “leaner” second half of 2022, as data privacy issues hit its ad business and macroeconomic pressures increase, Reuters wrote...

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