economy

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

Goldman: Recession Seems Less Likely After Jobs/Sales Reports

Goldman: Recession Seems Less Likely After Jobs/Sales Reports
Goldman: Recession Seems Less Likely After Jobs/Sales Reports
August 18, 2024  |  Economy

Economists at Goldman Sachs have lowered the likelihood of a U.S. recession. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Mastercard to Cut 3% of Workforce; Will Redeploy to ‘Growth’ Areas
Mastercard to Cut 3% of Workforce; Will Redeploy to ‘Growth’ Areas
August 16, 2024  |  Personnel

Mastercard reportedly plans to lay off 3% of its global workforce — about 1,000 people — as part of a reorganization it announced earlier this...

READ MORE >
Private Jet Demand Dips as Prices Rise and COVID Fears Fade
Private Jet Demand Dips as Prices Rise and COVID Fears Fade
August 16, 2024  |  Travel Payments

Private jet charter flights reportedly experienced a decline of 15% in the first half of this year compared to their peak in 2022. Get the...

READ MORE >
U. Mich Survey Shows Consumer Sentiment Improves, but Inflation Worries Linger
U. Mich Survey Shows Consumer Sentiment Improves, but Inflation Worries Linger
August 16, 2024  |  Economy

Things may get better over the longer term, but right now things are tough. Get the Full Story Complete the form to unlock this article...

READ MORE >
Consumer Sentiment Remains Steady, Subject to Their Presidential Election Expectations
Consumer Sentiment Remains Steady, Subject to Their Presidential Election Expectations
August 16, 2024  |  Economy

Consumer sentiment has remained fairly steady thus far in August, inching up 2.1% compared to the previous month and down 2.3% compared to August 2023....

READ MORE >
FinTech IPO Index Jumps 5% as Sezzle and Expensify Lead the Upside
FinTech IPO Index Jumps 5% as Sezzle and Expensify Lead the Upside
August 16, 2024  |  Fintech Investments

Earnings powered the FinTech IPO Index 5% higher in a week that was, as has been the case for the last month, dominated by earnings....

READ MORE >
Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
August 15, 2024  |  Economy

The urge to splurge resurged in July as consumers shrugged off inflation and visited on-site retailers to conduct their everyday spending. Get the Full Story...

READ MORE >
4 in 10 Independent Restaurants Use Real-Time Payments
4 in 10 Independent Restaurants Use Real-Time Payments
August 15, 2024  |  Real-Time Payments

The restaurant industry faces financial strain due to inflation and economic downturns, with sales growth projections for 2024 cut to 3.8% from earlier estimates. Get...

READ MORE >