economy

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

Mastercard Move Transactions Grow 35%, CEO Says Consumer Spending ‘Solid’

Mastercard Move Transactions Grow 35%, CEO Says Consumer Spending ‘Solid’
Mastercard Move Transactions Grow 35%, CEO Says Consumer Spending ‘Solid’
May 01, 2025  |  Earnings

Contactless payments continue to be a preferred method for consumers, Mastercard’s latest quarterly results showed, while debit and credit spending remained intact despite cardholders’ worries...

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VC Funding for Retail FinTech Market Drops 38% Amid Tariff Concerns
VC Funding for Retail FinTech Market Drops 38% Amid Tariff Concerns
May 01, 2025  |  Fintech Investments

Venture capital (VC) funding for the retail FinTech market dropped 37.8% in the first quarter compared to the previous quarter, PitchBook said in a report...

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Why Real-Time Payments Are Less About Timing and More About Trust
Why Real-Time Payments Are Less About Timing and More About Trust
May 01, 2025  |  Real-Time Payments

For banks seeking to lure and keep small- to medium-sized business (SMB) clients, real-time payments can become big business. Get the Full Story Complete the...

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Group of 30: Federal Reserve Should Focus on Inflation Target
Group of 30: Federal Reserve Should Focus on Inflation Target
April 30, 2025  |  Economy

Group of 30, an independent global consultative group, said Wednesday (April 30) that the Federal Reserve should focus on its 2% inflation target, prioritizing that...

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Etsy Focuses on Personalization Amid ‘Highly Fluid’ Trade Situation
Etsy Focuses on Personalization Amid ‘Highly Fluid’ Trade Situation
April 30, 2025  |  Earnings

Etsy is focusing on personalization efforts amid what its CEO calls a “challenging” macroeconomic environment. Get the Full Story Complete the form to unlock this...

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GDP Q1 2025: Consumer Spending’s Not Enough to Help Avoid Economy’s Contraction
GDP Q1 2025: Consumer Spending’s Not Enough to Help Avoid Economy’s Contraction
April 30, 2025  |  Economy

Consumer spending, the chief engine of economic growth, was not enough to stop an overall pullback in U.S. gross domestic product (GDP). And with evidence...

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European Airlines Report Uncertainty Drives Decline in Bookings to US
European Airlines Report Uncertainty Drives Decline in Bookings to US
April 30, 2025  |  Travel Payments

European airlines are reportedly seeing a decline in bookings for trips to the U.S. due to uncertainty around American border policy, tariffs and the broader economy. Get...

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SoFi Member Deposits Grow to $27.3 Billion and Cross-Selling Accelerates
SoFi Member Deposits Grow to $27.3 Billion and Cross-Selling Accelerates
April 29, 2025  |  Earnings

SoFi Technologies posted first-quarter earnings results Tuesday (April 29) that showed continued growth in deposits and debit spending, as well as a roadmap to fee-based...

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