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 Data: As Inflation Rises, Subscriptions Drop

Today in Data: As Inflation Rises, Subscriptions Drop
Today in Data: As Inflation Rises, Subscriptions Drop
May 11, 2022  |  Today In Data

Today in data, inflation has consumers reconsidering the cost of expenditures, such as subscriptions. Get the Full Story Complete the form to unlock this article...

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Dog Days for D2Cs: Allbirds Joins Peloton, Etsy, Warby Parker on List of Fallen Angels
Dog Days for D2Cs: Allbirds Joins Peloton, Etsy, Warby Parker on List of Fallen Angels
May 11, 2022  |  Retail

They may be some of the best known and well-liked brands around, but the stocks of the so-called direct-to-consumer (D2C) darlings are nothing short of...

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Inflation Moderates for First Time in 8 Months
Inflation Moderates for First Time in 8 Months
May 11, 2022  |  Economy

April’s consumer price index (CPI) missed Wall Street’s expectations but still dropped for the first time in eight months, coming in at 8.3% compared to...

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The RealReal Says Luxury Is ‘Tremendously Resilient’, Inflation Driving ‘Strong Year’
The RealReal Says Luxury Is ‘Tremendously Resilient’, Inflation Driving ‘Strong Year’
May 10, 2022  |  Earnings

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

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Main Street Restaurants, Fitness, Personal Services Rebound From Pandemic Lows
Main Street Restaurants, Fitness, Personal Services Rebound From Pandemic Lows
May 10, 2022  |  SMBs

Three types of Main Street small and medium-sized businesses (SMBs) that were among those most affected by the pandemic have also seen the swiftest recovery...

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Today in Retail: Vroom Names New CEO; Simon Property Group CEO Dismisses Kohl’s Buyout Rumors
Today in Retail: Vroom Names New CEO; Simon Property Group CEO Dismisses Kohl’s Buyout Rumors
May 10, 2022  |  Retail

Today in retail, Peloton is facing the daunting prospect of a turnaround along with a transition to an app-based model, while inflation has consumers rethinking...

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Tiger Global Faces ‘Breathtaking’ $17B Loss, Expert Says
Tiger Global Faces ‘Breathtaking’ $17B Loss, Expert Says
May 10, 2022  |  Stock Index

This year’s tech stock sell-off has cost Tiger Global around $17 billion, one of the largest declines ever for a hedge fund, the Financial Times...

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SoftBank’s Vision Fund Suffers Amid Tech Stock Slide
SoftBank’s Vision Fund Suffers Amid Tech Stock Slide
May 10, 2022  |  Investments

SoftBank’s Vision Fund, a $100 billion pool of money designed to fund tech startups, is suffering from the market’s tech selloff, the Wall Street Journal...

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