economy

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

Five Ways Consumers Are Pumping the Brakes on Spending

Five Ways Consumers Are Pumping the Brakes on Spending
Five Ways Consumers Are Pumping the Brakes on Spending
May 06, 2024  |  Consumer Insights

We may be witnessing the beginnings of a great pullback in consumer spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Sam Ash Closes Stores as Musicians Turn to Amazon
Sam Ash Closes Stores as Musicians Turn to Amazon
May 06, 2024  |  Retail

As Amazon gains share in hobby retail categories, specialty retailers such as Sam Ash are taking a hit. The music retailer announced Thursday (May 2) that it is closing all its...

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US Small Businesses See Drop in Failure Risk Compared to Larger Firms
US Small Businesses See Drop in Failure Risk Compared to Larger Firms
May 06, 2024  |  SMBs

Despite news about rising inflation and stalled interest rates, recent PYMNTS Intelligence data confirms that many of the small and medium-sized businesses (SMBs) that dot...

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Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
May 03, 2024  |  Retail

As Amazon looks to close the gap with Walmart in grocery, both retail giants are seeing the opportunity to win over shoppers with their private-label brands. Get the Full Story Complete...

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Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
May 02, 2024  |  Economy

This week, the Federal Reserve announced it will keep its benchmark interest rate in the same 5.25%–5.50% holding pattern that it has occupied since last...

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Initial Claims for Unemployment Unchanged, Signaling ‘Fairly Tight’ Labor Market
Initial Claims for Unemployment Unchanged, Signaling ‘Fairly Tight’ Labor Market
May 02, 2024  |  Economy

The number of initial claims for unemployment insurance held steady during the week ending on Saturday (April 27). Get the Full Story Complete the form...

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Fast-Food Slowdown May Mean Steeper Promotions
Fast-Food Slowdown May Mean Steeper Promotions
May 02, 2024  |  Economy

It’s been a season of slowing sales for quick-service restaurants (QSRs). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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If You’re Happy and You Know It, You Must Be Small
If You’re Happy and You Know It, You Must Be Small
May 02, 2024  |  David S. Evans

Finland did it again.  The World Happiness Report (WHR) came out in March. For the seventh straight year, it was No. 1. Keeping the top spot...

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