economy

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

Trouble Brews for Starbucks Competitors With Shift to at-Home Coffee
Trouble Brews for Starbucks Competitors With Shift to at-Home Coffee
June 07, 2023  |  Earnings

As consumers are increasingly having their morning cup of joe at home, according to The J.M. Smucker Company, major coffeehouse chains — especially those without the...

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Customers Still Tip for Restaurant Meals — or Don’t Eat Out at All
Customers Still Tip for Restaurant Meals — or Don’t Eat Out at All
June 06, 2023  |  Consumer Insights

Consumers may be pressured to reduce tips in this tight economic environment, but data shows they overwhelmingly do not skip tipping, regardless of age, income...

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IMF Director Says Fed ‘Will Have to Stay the Course’
IMF Director Says Fed ‘Will Have to Stay the Course’
June 05, 2023  |  Economy

An International Monetary Fund (IMF) director said the Federal Reserve may need to do more to slow lending. Get the Full Story Complete the form...

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Gen Z Splurges on Grocery Treats as Older Consumers Cut Back
Gen Z Splurges on Grocery Treats as Older Consumers Cut Back
June 04, 2023  |  Retail

As older consumers look for ways to reduce their grocery spending in the face of elevated food inflation, most young shoppers continue to splurge on...

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Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
June 02, 2023  |  Debt

Credit card use is up, and card balances are increasing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Grocers Cut Prices Globally as Discount Retailers Gain Share
Grocers Cut Prices Globally as Discount Retailers Gain Share
June 02, 2023  |  Retail

Forced to choose between protecting their margins and losing more share to discount retailers, grocery chains worldwide are slashing prices to remain competitive. Get the...

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Lingering Office Closures Hit Hard for Times Square Small Businesses
Lingering Office Closures Hit Hard for Times Square Small Businesses
June 02, 2023  |  SMBs

Small businesses in Times Square are reportedly struggling in the post-pandemic environment. Get the Full Story Complete the form to unlock this article and enjoy...

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Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand
Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand
June 02, 2023  |  Economy

Uncertainty reigns, but if the spate of jobs reports that marked a busy week of economic data show a trend, it’s that Main Street small...

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Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
June 01, 2023  |  Retail

Earlier, PYMNTS reported that the summer of markdowns is here as Macy’s (along with Dollar General) struggled with declining consumer demand. The retailer has now...

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