economy

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

Today in Retail: Target Launching Adult Beverages Line; Revlon Bankruptcy Reflects Challenges for Beauty Brands

Today in Retail: Target Launching Adult Beverages Line; Revlon Bankruptcy Reflects Challenges for Beauty Brands
Today in Retail: Target Launching Adult Beverages Line; Revlon Bankruptcy Reflects Challenges for Beauty Brands
June 16, 2022  |  Retail

Today in retail, Amazon preps Prime Day, while retailers worry about a weak economic environment for discretionary and “big ticket” purchases. Plus, Tommy Hilfiger partners...

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Defying Fearful Market, Some Crypto Leaders Launch Hiring Blitz
Defying Fearful Market, Some Crypto Leaders Launch Hiring Blitz
June 16, 2022  |  Cryptocurrency

In the first half of a panicky week in the crypto industry, the news was all focused on what could go wrong with weak businesses....

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‘Big Ticket’ Retailers Look to Home Equity as Sales Savior
‘Big Ticket’ Retailers Look to Home Equity as Sales Savior
June 16, 2022  |  Retail

With nearly three-quarters of the U.S. population currently contending with a heat wave, consumer demand for fans, air conditioners, water toys and more will surely...

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Target Launches Line of Ready-to-Drink Tipples to Lure Cocktail Crowd
Target Launches Line of Ready-to-Drink Tipples to Lure Cocktail Crowd
June 16, 2022  |  Retail

As Target looks to drive sales in the face of consumers’ inflation concerns, the retailer is turning its focus to its own brands. Get the...

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PYMNTS AM Radar: Zoo NFTs; Robinhood Woes; Rich Reality; Friendly Fraud; ICYMI 
PYMNTS AM Radar: Zoo NFTs; Robinhood Woes; Rich Reality; Friendly Fraud; ICYMI 
June 16, 2022  |  Economy

Today is Thursday, June 16 and on this day in 1911, IBM was formed and started automating business transactions with punched card-based data tabulating machines....

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Robinhood’s Cash Pile Eroding as Shares Slide to New Lows 
Robinhood’s Cash Pile Eroding as Shares Slide to New Lows 
June 16, 2022  |  Investments

The pandemic-driven heyday is over for no-fee online stock trading startup Robinhood, whose market value is eroding as quickly as the cash on its balance...

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Even High Earners Tapping Credit Lines Now to Offset Impact of Inflation
Even High Earners Tapping Credit Lines Now to Offset Impact of Inflation
June 16, 2022  |  Consumer Finance

If you were earning $250,000 per year, it seems as if you’d be insulated from the effects of inflation, but in fact, over one-third (36%)...

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CFOs Double Down on Model Testing, Cost Controls Amid Choppy Economy
CFOs Double Down on Model Testing, Cost Controls Amid Choppy Economy
June 16, 2022  |  CFO

At a time of market corrections and economic uncertainty, financial operators are concerned with two things: how long will it last and how prepared their...

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