economy

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

The High Cost of Housesitting
The High Cost of Housesitting
May 27, 2023  |  The Weekender

Three in five Americans say inflation has affected their summer travel plans. But that doesn’t mean they’ve opted to forego their trips. It just means they...

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JPMorgan Chase Cuts 500 Technology and Operations Roles
JPMorgan Chase Cuts 500 Technology and Operations Roles
May 26, 2023  |  Banking

JPMorgan Chase has reportedly cut 500 positions, most being technology and operations roles. Get the Full Story Complete the form to unlock this article and enjoy...

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Grocery Shoppers Don’t Scrimp When Buying Food for Their Pets
Grocery Shoppers Don’t Scrimp When Buying Food for Their Pets
May 26, 2023  |  Consumer Insights

As ongoing macroeconomic challenges put pressure on consumers’ grocery shopping budgets, many are turning to lower-quality goods to save on cost, but few are willing...

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Putting Memorial Day BBQ on the Table May Put a Dent in Household Budgets
Putting Memorial Day BBQ on the Table May Put a Dent in Household Budgets
May 26, 2023  |  Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Study Finds Spending Outpaces Income Growth — but for How Long?
Study Finds Spending Outpaces Income Growth — but for How Long?
May 26, 2023  |  Economy

The latest stats from the government show that consumers continue to spend. Get the Full Story Complete the form to unlock this article and enjoy...

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Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
May 26, 2023  |  Economy

Lately, it seems that just when things started to look more promising for those seeking to purchase a home, a new set of discouraging numbers gets...

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Report: Chanel Sees Slowdown in Luxury Sector Sales in US
Report: Chanel Sees Slowdown in Luxury Sector Sales in US
May 25, 2023  |  Retail

Chanel has reportedly seen a slowdown in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Report: Richmond Fed President Says US Sees ‘Demand Slowdown’
Report: Richmond Fed President Says US Sees ‘Demand Slowdown’
May 25, 2023  |  Economy

Federal Reserve Bank of Richmond President Tom Barkin reportedly said there is a “demand slowdown.” Get the Full Story Complete the form to unlock this article and enjoy...

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Best Buy Reports Consumer Caution as Comparable Sales Drop 10%
Best Buy Reports Consumer Caution as Comparable Sales Drop 10%
May 25, 2023  |  Earnings

Best Buy sees a continuing trend of consumers feeling cautious due to the current economic environment. Get the Full Story Complete the form to unlock...

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