economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.
Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
April 26, 2024  |  Economy

The latest data on personal consumption notes that spending is outpacing the growth in disposable income. And as a result, consumers are dipping into savings...

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Customer Data, Technology Unlock Profitability Amid Uncertainty
Customer Data, Technology Unlock Profitability Amid Uncertainty
April 26, 2024  |  Opinion

Companies can leverage customer data and use technology to prosper in uncertain times, i2c Global Head of Operations John Bresnahan writes in the new PYMNTS...

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FinTech IPO Index Adds 3% as Oportun Soars on Preliminary Quarterly Results
FinTech IPO Index Adds 3% as Oportun Soars on Preliminary Quarterly Results
April 26, 2024  |  Fintech Investments

For the companies populating the FinTech IPO Index, earnings have been part of the continuing avalanche of headlines this past week. Earnings Begin to Trickle...

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Consumers Are Springing for Nice Beers, but Not Premium Liquor
Consumers Are Springing for Nice Beers, but Not Premium Liquor
April 25, 2024  |  Retail

Trying to balance inflationary pressures and the need to allow themselves at least some indulgences, shoppers are trading up on beer but not springing for...

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First-Quarter GDP Slows as Consumers Trim Spending
First-Quarter GDP Slows as Consumers Trim Spending
April 25, 2024  |  Economy

And now it seems the slowdown is here. Markets slumped by more than 1% Thursday morning (April 25) on the latest reading on gross domestic...

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Corporates Shift Mindset Back to Growth
Corporates Shift Mindset Back to Growth
April 25, 2024  |  Payments Innovation

Inflation, inflation and inflation. The drum beat has defined the past year in the financial services business and reached a crescendo in the first quarter. But, according to payments orchestration solution...

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Parents Are Buying Their Kids Experiences, Not Toys
Parents Are Buying Their Kids Experiences, Not Toys
April 24, 2024  |  Retail

Toy and game companies are seeing sales declines, as parents opt to spend on making memories for their children rather than on new products for...

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Earnings Season Commentary Points to Pressures for Lower-Income Consumers
Earnings Season Commentary Points to Pressures for Lower-Income Consumers
April 24, 2024  |  Consumer Finance

Earnings season is less than two weeks old. By and large, the data and the press releases indicate that consumers are still spending, on experiences...

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JPMorgan Chase CEO Jamie Dimon Says US Economic Boom ‘Unbelievable’
JPMorgan Chase CEO Jamie Dimon Says US Economic Boom ‘Unbelievable’
April 23, 2024  |  Economy

JPMorgan Chase CEO Jamie Dimon reportedly said Tuesday (April 23) that the U.S. economic boom is “unbelievable.” Speaking at an event at The Economic Club of New York, Dimon...

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