economy

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

Freeze on Crypto SPACs Shows Blank Check Appeal in Rearview Mirror

Freeze on Crypto SPACs Shows Blank Check Appeal in Rearview Mirror
Freeze on Crypto SPACs Shows Blank Check Appeal in Rearview Mirror
June 15, 2022  |  SPAC

It seems safe to say that the halcyon days of the blank check company are behind us. Get the Full Story Complete the form to...

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Spotify Expects to Slow Hiring, Growth
Spotify Expects to Slow Hiring, Growth
June 15, 2022  |  Subscriptions

Spotify Technology SA will slow hiring in the coming months by 25 percent due to deteriorating macroeconomic conditions, Chief Executive Daniel Ek wrote in a...

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Crypto Crisis Evokes 1998 Hedge Fund Crash that Crippled Market
Crypto Crisis Evokes 1998 Hedge Fund Crash that Crippled Market
June 15, 2022  |  Cryptocurrency

When a top investor with a deep hedge fund background says the tumbling cryptocurrency market is starting to feel “a little bit like a Long...

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Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution
Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution
June 15, 2022  |  Retail

U.S. retail sales unexpectedly fell 0.3% in May from a downwardly revised 0.7% pace in April, extending a four-month slowdown and delivering the strongest proof...

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Inflation Forces Change or Churn Dilemma for Subscription Companies
Inflation Forces Change or Churn Dilemma for Subscription Companies
June 15, 2022  |  Subscriptions

With PYMNTS research finding that estimated total monthly expenditure on subscriptions fell by 46% in March versus six months prior, we can now invoke “the...

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Super Bowl Curse Comes for Crypto as Layoffs Mount
Super Bowl Curse Comes for Crypto as Layoffs Mount
June 14, 2022  |  Cryptocurrency

The NFL’s 2000 championship game was named the “Dot-Com Super Bowl” when some 20 of its hugely expensive ads were bought up by tech companies...

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Today in Data: Consumer Sentiment Hits Record Low
Today in Data: Consumer Sentiment Hits Record Low
June 14, 2022  |  Today In Data

Today in data, inflation and high gas prices bring the University of Michigan Survey of Consumers’ consumer sentiment to its lowest point on record. Get...

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Bitcoin Plummet Triggers $1B in Margin Calls 
Bitcoin Plummet Triggers $1B in Margin Calls 
June 14, 2022  |  Cryptocurrency

About $1 billion guaranteed by some 260,000 market investors was liquidated due to margin calls in the past 24 hours, according to data from CoinGlass,...

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