economy

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

Bank Regulators Increase Scrutiny of Lenders’ Risk Management Practices 

Bank Regulators Increase Scrutiny of Lenders’ Risk Management Practices 
Bank Regulators Increase Scrutiny of Lenders’ Risk Management Practices 
December 06, 2023  |  Bank Regulation

In an effort to prevent bank failures, U.S. bank supervisors have reportedly increased scrutiny of lenders’ risk management practices and are taking disciplinary action.  Get...

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Clothing Subscriptions Shed Members as Economic Challenges Demand Reprioritization
Clothing Subscriptions Shed Members as Economic Challenges Demand Reprioritization
December 06, 2023  |  Subscriptions

Across the clothing subscription industry, key players are losing members as they turn their focus to driving more revenue from their existing users. Get the...

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Bank of America CEO Brian Moynihan Says Economy Has Normalized
Bank of America CEO Brian Moynihan Says Economy Has Normalized
December 05, 2023  |  Economy

Bank of America CEO Brian Moynihan said Tuesday (Dec. 5) that there are signs of the economy slowing down but expressed optimism that it will experience a soft...

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Billing Software Firm BILL to Reduce Workforce by 15% Amid Restructuring
Billing Software Firm BILL to Reduce Workforce by 15% Amid Restructuring
December 05, 2023  |  Personnel

BILL will reduce its global workforce by 15% as part of a restructuring. Get the Full Story Complete the form to unlock this article and...

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Job Openings Drop to 2021 Levels as Hiring Slows
Job Openings Drop to 2021 Levels as Hiring Slows
December 05, 2023  |  Economy

New data from the U.S. Labor Department shows job openings at their lowest level in more than two years. Get the Full Story Complete the...

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Bank Execs Expected to Push Back Against Capital Hikes
Bank Execs Expected to Push Back Against Capital Hikes
December 04, 2023  |  Bank Regulation

Bank CEOs are set to appear before the Senate Banking Committee to protest new regulations and capital hikes, arguing that these measures will harm the...

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Deflation Trend Could Pull Inflation Back to 2%
Deflation Trend Could Pull Inflation Back to 2%
December 03, 2023  |  Economy

Deflation has made its presence known, and could help bring inflation down to 2%. Get the Full Story Complete the form to unlock this article...

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Christmas Tree Costs Soar, Yet Consumers Still Pine for Authenticity 
Christmas Tree Costs Soar, Yet Consumers Still Pine for Authenticity 
December 02, 2023  |  Retail

As the festive season sleighs in and inflation plays Scrooge, one can’t help but wonder: Are folks still decorating their homes with real Christmas trees? ...

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