economy

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

Big Banks: Commercial Lending Losses Creep Up, Deposits Decline Slightly

Big Banks: Commercial Lending Losses Creep Up, Deposits Decline Slightly
Big Banks: Commercial Lending Losses Creep Up, Deposits Decline Slightly
January 15, 2024  |  Banking

The initial headlines and initial takes on big bank earnings may have focused on the state of the consumer, on card spending, especially. Get the...

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Economists Trade Recession Predictions for ‘Growth Stop’ Warnings
Economists Trade Recession Predictions for ‘Growth Stop’ Warnings
January 14, 2024  |  Economy

The good news: Economists are less confident the U.S. will see a recession. Get the Full Story Complete the form to unlock this article and...

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Producer Price Index of Wholesale Prices Drops for Third Month, Indicating Easing Inflation
Producer Price Index of Wholesale Prices Drops for Third Month, Indicating Easing Inflation
January 12, 2024  |  Economy

The Producer Price Index (PPI) declined for a third consecutive month in December.  Get the Full Story Complete the form to unlock this article and...

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Report: Instagram Eliminates Management Layer, 60 Technical Program Manager Roles 
Report: Instagram Eliminates Management Layer, 60 Technical Program Manager Roles 
January 12, 2024  |  Personnel

Instagram has reportedly told 60 technical program managers that they must find another job at the company or be let go in two months.  Get the...

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Wells Fargo Sees Credit Card Spending Up 15% for Q4
Wells Fargo Sees Credit Card Spending Up 15% for Q4
January 12, 2024  |  Earnings

Wells Fargo benefited from a strong economic environment and higher interest rates in 2023. Get the Full Story Complete the form to unlock this article...

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JPMorgan Earnings: Credit and Debit Spend Surges 7%
JPMorgan Earnings: Credit and Debit Spend Surges 7%
January 12, 2024  |  Earnings

Earnings season’s here, with JPMorgan among the most visible names reporting Friday morning (Jan. 12).  Get the Full Story Complete the form to unlock this...

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Amazon, Citigroup, Xerox, Google and BlackRock See Layoffs in Efficiency Push
Amazon, Citigroup, Xerox, Google and BlackRock See Layoffs in Efficiency Push
January 12, 2024  |  Economy

In the first two weeks of the new year, several prominent companies, including Amazon, Citigroup, Xerox, Google and BlackRock, have announced plans to cut jobs,...

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Online Sales Led Increased Revenue Expectations for Main Street SMBs in 2023
Online Sales Led Increased Revenue Expectations for Main Street SMBs in 2023
January 11, 2024  |  SMBs

With prices at high levels most of the year and with the overall economy recording moderate growth, 2023 was a challenging year for businesses, especially...

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