economy

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

Fed: Factory Output Rises, Car Production up 7.8%

Fed: Factory Output Rises, Car Production up 7.8%
Fed: Factory Output Rises, Car Production up 7.8%
April 15, 2022  |  Economy

U.S. factory production rose by 0.9% in March, marking the third consecutive month of gains, Bloomberg reported Friday (April 15). Get the Full Story Complete...

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Container Shipping Rates Tank Amid US Inflation, Shanghai’s Pandemic Lockdown
Container Shipping Rates Tank Amid US Inflation, Shanghai’s Pandemic Lockdown
April 15, 2022  |  Economy

The cost of gas, groceries and almost everything else is rising, but container shipping rates have started to sink, The Wall Street Journal (WSJ) reported...

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This Week in Payments: Commerce Takes Shape in the Metaverse, Everyone Becomes a FinTech, and Amazon Takes the Lead Over Walmart
This Week in Payments: Commerce Takes Shape in the Metaverse, Everyone Becomes a FinTech, and...
April 15, 2022  |  Payments Innovation

The connected economy saw big news on several fronts this week, with buzz around Elon Musk’s Twitter takeover bid, Meta disclosing its plans for commerce...

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JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
April 15, 2022  |  Banking

When JPMorgan reported first-quarter earnings results this week, the company also built $902 million in reserves — a move that signals a tough credit environment...

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Rising Prices Give Consumers Pause Before They Reach for Digital Wallets, P2P Apps
Rising Prices Give Consumers Pause Before They Reach for Digital Wallets, P2P Apps
April 15, 2022  |  Digital Payments

Inflation continued to be a factor for shoppers during March, PYMNTS’ latest study tracking consumer spending and eCommerce trends found. Get the Full Story Complete...

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White House: COVID-19 Pandemic Will End Before Supply Chain Woes
White House: COVID-19 Pandemic Will End Before Supply Chain Woes
April 14, 2022  |  Economy

White House economists said in a 42-page report released Thursday (April 14) that the COVID-19 pandemic exposed many of the supply chain snarls that have...

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Smartphones and Contextual Rewards Soothe Inflation’s Sticker Shock and Close the Sale
Smartphones and Contextual Rewards Soothe Inflation’s Sticker Shock and Close the Sale
April 14, 2022  |  Retail

Each and every one of us — no matter the income bracket — is aware of just how much prices at the pump, in the...

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Gen’l Merchandise, Appliances Offset Weak eComm as March Retail Sales Rise 0.5%
Gen’l Merchandise, Appliances Offset Weak eComm as March Retail Sales Rise 0.5%
April 14, 2022  |  Retail

Despite rising food, fuel and housing costs that have distorted household budgets, U.S. consumers continued to shop last month, pushing overall retail sales up by...

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