economy

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

Will December’s Job Bounce Get Consumers to Keep Spending?
Will December’s Job Bounce Get Consumers to Keep Spending?
January 10, 2025  |  Economy

For the jobs market, this is the way the year ends — not with a whimper but a bang. Data released Friday (Jan. 10) by...

READ MORE >
Latest Inventory Data Offers Mixed Signals for Merchants
Latest Inventory Data Offers Mixed Signals for Merchants
January 09, 2025  |  Economy

The latest government data on inventories moving through the channels offered up mixed signals for merchants, particularly for nondiscretionary items — or at least that was...

READ MORE >
ADP: Wage Growth Hits Three-Year Low as Labor Market ‘Downshifts’
ADP: Wage Growth Hits Three-Year Low as Labor Market ‘Downshifts’
January 08, 2025  |  Economy

America’s employment picture ended the year on a down note, ADP’s latest findings show. “The labor market downshifted to a more modest pace of growth...

READ MORE >
As Hiring Stalls, Will Consumers Pull Back on Spending?
As Hiring Stalls, Will Consumers Pull Back on Spending?
January 07, 2025  |  Economy

Job openings were up in November, but so were layoffs, and the pace of quitting fell too … all of which, for November’s government data,...

READ MORE >
How Higher Grocery Prices Are Changing How Consumers Shop for Food
How Higher Grocery Prices Are Changing How Consumers Shop for Food
January 07, 2025  |  Retail

The planned but failed Kroger-Albertsons merger captured headlines in the grocery sector in 2024, and the latter is scheduled to announce its third-quarter results Wednesday...

READ MORE >
Business Bankruptcies in US Reach Highest Level Since 2010
Business Bankruptcies in US Reach Highest Level Since 2010
January 07, 2025  |  Economy

Corporate bankruptcies in the U.S. have reportedly reached their highest level in 14 years. High interest rates and waning consumer demand helped drive at least...

READ MORE >
Ripple Refocuses on US Amid ‘Trump Bull Market’
Ripple Refocuses on US Amid ‘Trump Bull Market’
January 06, 2025  |  Cryptocurrency

In 2023, Ripple CEO Brad Garlinghouse said the company was looking outside the United States for new workers. Now, he’s changed his tune. Garlinghouse told...

READ MORE >
Big Lots Faces Challenges Despite Acquisition
Big Lots Faces Challenges Despite Acquisition
January 03, 2025  |  Retail

Big Lots, a once-dominant player in the discount retail sector, faces an uncertain future following an acquisition by Gordon Brothers Retail Partners. The agreement, finalized...

READ MORE >
Year-End Surge in Car Sales Expected to End in 2025
Year-End Surge in Car Sales Expected to End in 2025
January 03, 2025  |  Retail

A surge in U.S. car sales seen at the end of 2024 is reportedly not expected to last into 2025. Driven by a strong fourth...

READ MORE >