economy

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

US Inflation Rate Surges Past 6%, Highest Since 1990 

US Inflation Rate Surges Past 6%, Highest Since 1990 
US Inflation Rate Surges Past 6%, Highest Since 1990 
November 10, 2021  |  Economy

The COVID-19 pandemic continues to impact U.S. consumers as the cost of nearly everything has increased dramatically over the last 12 months. In all, the...

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New Credit Pushes American Household Debt Beyond $15T
New Credit Pushes American Household Debt Beyond $15T
November 09, 2021  |  Debt

Household debt in the U.S. has now topped $15 trillion, with credit card balances up $17 billion to reach $800 billion in the third quarter,...

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New Data: Uptick in Paycheck-to-Paycheck Living Pegged Mostly to Financial Fears
New Data: Uptick in Paycheck-to-Paycheck Living Pegged Mostly to Financial Fears
November 09, 2021  |  Consumer Payments

PYMNTS’ research in 2021 has illuminated the surprising extent of paycheck-to-paycheck living in the U.S. — even among those with high incomes. After a brief...

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US Adds 531K New Jobs as Unemployment Drops 4.6%
US Adds 531K New Jobs as Unemployment Drops 4.6%
November 05, 2021  |  Economy

Hiring bounced back last month, with the Friday (Nov. 5) Employment Situation Report from the Bureau of Labor Statistics showing 531,000 new jobs added, beating the...

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ADP: Leisure, Hospitality Drive Job Growth in October, US Adds 571,000 Positions
ADP: Leisure, Hospitality Drive Job Growth in October, US Adds 571,000 Positions
November 03, 2021  |  Economy

U.S. hiring bounced back in October after a couple of lackluster months, with a run on new workers in the leisure and hospitality sector highlighting...

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The One Thing: Upgrading Old Financial Plumbing to Pump Up a Connected Economy
The One Thing: Upgrading Old Financial Plumbing to Pump Up a Connected Economy
November 03, 2021  |  Commerce Connected

Super apps may consolidate an array of finance apps into a seamless, simplified and single user experience, but while all looks well on their dazzling...

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Rising Inflation, Higher Prices Push Spending Up As Incomes Fall
Rising Inflation, Higher Prices Push Spending Up As Incomes Fall
October 29, 2021  |  Economy

Inflation is continuing to weigh on consumers as higher prices inched September spending up by 0.6 percent and household incomes dropped 1% as stimulus funds...

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In First Official Testimony, CFPB’s Chopra Targets ‘Big Tech’ as Needing More Oversight
In First Official Testimony, CFPB’s Chopra Targets ‘Big Tech’ as Needing More Oversight
October 27, 2021  |  CFPB

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