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: Faire’s Fundraise Increases Valuation To $7 Billion; Hims & Hers Appoints Miley Cyrus As A Creative Advisor

Today In Retail: Faire’s Fundraise Increases Valuation To $7 Billion; Hims & Hers Appoints Miley Cyrus As A Creative Advisor
Today In Retail: Faire’s Fundraise Increases Valuation To $7 Billion; Hims & Hers Appoints Miley...
June 10, 2021  |  Retail

In today’s top retail news, Faire has landed $260 million in funding headed up by Sequoia Capital, while Miley Cyrus has become a creative advisor...

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Consumer Price Index Surges 5 Pct, Beating Forecasts
Consumer Price Index Surges 5 Pct, Beating Forecasts
June 10, 2021  |  Economy

The U.S. Consumer Price Index (CPI) surged 5 percent year over year in May, the fastest pace since August 2008 and higher than Wall Street...

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Initial Unemployment Claims Fall For Sixth Consecutive Week
Initial Unemployment Claims Fall For Sixth Consecutive Week
June 10, 2021  |  Economy

New jobless claims in the week ending June 5 dropped again — the sixth time in a row — coming in at 376,000, a decrease...

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SMB Hiring Headaches Crimp Confidence, Offset Gains From Tech And Digitization
SMB Hiring Headaches Crimp Confidence, Offset Gains From Tech And Digitization
June 09, 2021  |  SMBs

The hassle of hiring new workers has stalled a year-long advance in small business confidence, new data shows, casting a cloud of doubt over one...

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NRF: US Consumers Expected To Propel Retail Sales To Over $4.44 Trillion In 2021
NRF: US Consumers Expected To Propel Retail Sales To Over $4.44 Trillion In 2021
June 09, 2021  |  Economy

The National Retail Federation (NRF) has revised its annual forecast for 2021, now saying retail sales are likely to grow between 10.5 percent and 13.5...

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Visa: 59 Pct. Of Consumers Spending More Than In 2020
Visa: 59 Pct. Of Consumers Spending More Than In 2020
June 09, 2021  |  Consumer Finance

Visa released the findings from its U.S. Spending Momentum Index (SMI) on Wednesday (June 9), a report that shows that “the U.S. consumer recovery remains...

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Zimbabweans Sending More Money From Abroad Lift Local Economy
Zimbabweans Sending More Money From Abroad Lift Local Economy
June 09, 2021  |  Cross-border Payments

An increase in remittances from Zimbabweans living in distant locales and sending more money home helped improve the local economy, Central Bank Governor John Mangudya...

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Remote Work, Order Backlog Propels US PC Market Up 73 Pct In Q1 2021
Remote Work, Order Backlog Propels US PC Market Up 73 Pct In Q1 2021
June 08, 2021  |  Economy

The U.S. saw a surge in the PC market as work-from-home continued in the first quarter of 2021, a Canalys study found, according to a...

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