economy

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

Healthcare Helps Lift GDP as Consumers Delay Big Purchases
Healthcare Helps Lift GDP as Consumers Delay Big Purchases
October 29, 2026  |  Economy

Inflation absorbed almost all of United States consumers’ September spending increase, leaving households paying more for barely any additional goods and services. The monthly result...

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AI Hardware Investment Drives 3.4% Growth in US Economy
AI Hardware Investment Drives 3.4% Growth in US Economy
October 29, 2026  |  Economy

The nation’s real gross domestic product growth accelerated in the third quarter, driven by gross private domestic investment, including information processing equipment, according to a...

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OppFi Revenue Dips 3.8% Amid Muted Borrower Sentiment
OppFi Revenue Dips 3.8% Amid Muted Borrower Sentiment
October 28, 2026  |  Personal Loans

OppFi is focusing on flexible credit, tech upgrades and its banking ambitions amid persistent inflation and cooling consumer sentiment. The digital lending platform touted these...

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AI Infrastructure Spending Extends Core Capital Goods Growth in September
AI Infrastructure Spending Extends Core Capital Goods Growth in September
October 27, 2026  |  Artificial Intelligence

Demand for artificial intelligence infrastructure, business equipment and transportation equipment drove an increase in durable goods orders in September, according to data released Tuesday (Oct....

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Amex Plans Job Cuts, Sets AI Rules as Gen Z Spending Jumps 35%
Amex Plans Job Cuts, Sets AI Rules as Gen Z Spending Jumps 35%
October 23, 2026  |  Economy

American Express is cutting management layers and expanding artificial intelligence across customer service and commerce, with rules governing how outside agents reach customers’ accounts and...

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Credit Card Delinquencies Creep Up to 2.6% Among Major Issuers
Credit Card Delinquencies Creep Up to 2.6% Among Major Issuers
October 22, 2026  |  Credit Cards

Credit card delinquencies crept up in September, while net charge-offs declined, according to the latest edition of Seeking Alpha’s Credit Pulse, released Thursday (Oct. 22). This...

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DOL Data Shows Jobless Claims Drop to Near 1960s Lows
DOL Data Shows Jobless Claims Drop to Near 1960s Lows
October 22, 2026  |  Economy

There were 6,000 fewer initial claims for unemployment last week than the previous week, with multiple media reports saying the labor market remains about as...

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EBay Cuts 1,100 Jobs to Pivot Toward High-Growth Markets
EBay Cuts 1,100 Jobs to Pivot Toward High-Growth Markets
October 21, 2026  |  Personnel

EBay plans to lay off 9% of its workforce, or about 1,100 people, as it sharpens its focus on faster-growing markets, Reuters reported Wednesday (Oct....

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Hasbro Hopes for Happy Holiday Season as Revenue Rises 15%
Hasbro Hopes for Happy Holiday Season as Revenue Rises 15%
October 20, 2026  |  Retail

Hasbro saw 15% year-over-year revenue growth in the third quarter, fueled by its Wizards of the Coast and Digital Gaming segment, according to a Tuesday...

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