economy

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

Fed’s Powell Tells House Committee Tariff-Based Inflation Will ‘Show Up’

Fed’s Powell Tells House Committee Tariff-Based Inflation Will ‘Show Up’
Fed’s Powell Tells House Committee Tariff-Based Inflation Will ‘Show Up’
June 24, 2025  |  Economy

Federal Reserve Chair Jerome Powell told Congress on Tuesday (June 24) that higher tariffs will likely lead to higher prices down the line – though...

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Consumers Temper Spending Plans as Confidence Slides in June
Consumers Temper Spending Plans as Confidence Slides in June
June 24, 2025  |  Economy

The most recent inflation data indicate that the impact of tariffs overall has been thus far not been as drastic as some might have feared. But...

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Iran Threatens Hormuz Shutdown as CFOs Brace for Supply Chain Impact
Iran Threatens Hormuz Shutdown as CFOs Brace for Supply Chain Impact
June 23, 2025  |  B2B Payments

Global trade is only global thanks to key commercial arteries established over the duration of human history. Get the Full Story Complete the form to...

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CarMax Increases Loan Loss Provisions Amid ‘Uncertain Economic Outlook’
CarMax Increases Loan Loss Provisions Amid ‘Uncertain Economic Outlook’
June 20, 2025  |  Earnings

Used car retailer CarMax saw greater loan losses and economic uncertainty during the quarter ended May 31. Get the Full Story Complete the form to...

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Analysis: Retail Sales Fall as Shoppers Retreat From Big Purchases After Tariff Rush
Analysis: Retail Sales Fall as Shoppers Retreat From Big Purchases After Tariff Rush
June 17, 2025  |  Consumer Insights

The tariff-induced spending splurge may have come to an end. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Retail Sales Drop as Pre-Tariff Surge in Car Sales Ebbs
Retail Sales Drop as Pre-Tariff Surge in Car Sales Ebbs
June 17, 2025  |  Economy

U.S. retail and food services sales saw a month-over-month decline of 0.9% in May after slipping 0.1% in April, the Census Bureau reported Tuesday (June...

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Job Cuts Coming at More Than 170 US Companies in June
Job Cuts Coming at More Than 170 US Companies in June
June 15, 2025  |  Economy

American companies are reportedly resorting to job cuts amid tariff-related uncertainty. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Consumer Sentiment Rebounds but Remains Below Pre-Tariff Levels
Consumer Sentiment Rebounds but Remains Below Pre-Tariff Levels
June 13, 2025  |  Consumer Insights

There has been a moderate rebound in consumer sentiment, but overall, consumers’ attitudes are below pre-tariff levels. Get the Full Story Complete the form to...

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