economy

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

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 >
UK Retail Store Traffic Declined 2.5% During Holiday Shopping Season
UK Retail Store Traffic Declined 2.5% During Holiday Shopping Season
January 03, 2025  |  Retail

Fewer consumers visited retail stores in the United Kingdom during the holiday shopping season and the entire year of 2024. Compared to the previous year,...

READ MORE >
Fed Survey: Businesses Now Face More Uncertainty Than Before Pandemic
Fed Survey: Businesses Now Face More Uncertainty Than Before Pandemic
December 26, 2024  |  Business

According to the latest Survey of Business Uncertainty, firms are now more uncertain about their prospects than they were before the pandemic. The December survey,...

READ MORE >
Recurring Unemployment Claims Hit Three-Year High
Recurring Unemployment Claims Hit Three-Year High
December 26, 2024  |  Economy

Continuing unemployment benefit applications are now at their highest in more than three years. Data released Thursday (Dec. 26) by the U.S. Labor Department showed...

READ MORE >
Visa: 77% of 2024 Holiday Spending Happened In-Store
Visa: 77% of 2024 Holiday Spending Happened In-Store
December 23, 2024  |  VISA

Visa said it is seeing increasing consumer confidence this holiday season. The payments giant released preliminary insights into U.S. holiday buying that showed a 4.8%...

READ MORE >
Conf Bd. Finds Consumer Confidence Down After U. Mich Index Says Opposite
Conf Bd. Finds Consumer Confidence Down After U. Mich Index Says Opposite
December 23, 2024  |  Economy

Consumer confidence declined in December, with a growing number of consumers expressing concerns about politics and tariffs. The Conference Board’s Consumer Confidence Index decreased by...

READ MORE >
Consumer Sentiment Reaches Highest Point Since April as Economy Improves
Consumer Sentiment Reaches Highest Point Since April as Economy Improves
December 20, 2024  |  Economy

Consumer sentiment rose in December, reaching the highest point since April but remaining below its pre-pandemic level. The increase in the consumer sentiment index marked...

READ MORE >