economy

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

BarkBox Says Financial Pressures Hurt D2C Subscription Acquisition, Not Retention

BarkBox Says Financial Pressures Hurt D2C Subscription Acquisition, Not Retention
BarkBox Says Financial Pressures Hurt D2C Subscription Acquisition, Not Retention
November 09, 2023  |  Subscriptions

Bark is seeing consumers’ budget pressures take a toll on new subscribers, but those who are already enrolled continue to subscribe despite these challenges. Get...

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Amazon Cuts Jobs in Music Division as It Adjusts Priorities
Amazon Cuts Jobs in Music Division as It Adjusts Priorities
November 08, 2023  |  Amazon

Amazon is making job cuts in its music division, including its audio streaming platform and digital storefront for songs. Get the Full Story Complete the...

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BigCommerce Cuts Staff Amid eCommerce Headwinds
BigCommerce Cuts Staff Amid eCommerce Headwinds
November 08, 2023  |  eCommerce

BigCommerce says it expects the “headwinds” plaguing its industry to persist into 2024. Get the Full Story Complete the form to unlock this article and...

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Bank of America CEO Predicts Soft Landing for US Economy
Bank of America CEO Predicts Soft Landing for US Economy
November 08, 2023  |  Economy

Bank of America CEO Brian Moynihan is reportedly optimistic about the U.S. economy and the bank’s growth prospects. Get the Full Story Complete the form to unlock this...

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Walmart Shares Hit All-Time High as Groceries Draw Shoppers
Walmart Shares Hit All-Time High as Groceries Draw Shoppers
November 03, 2023  |  Walmart

Walmart’s shares reportedly reached an all-time high Friday (Nov. 3), with investors betting on its ability to thrive during the holiday season. Get the Full...

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Service Sector Slows: Sign of the Times as Consumers Shift Spending?
Service Sector Slows: Sign of the Times as Consumers Shift Spending?
November 03, 2023  |  Economy

The latest ISM Services PMI reading came in at 51.8 in October, down from a 53.6 reading in September. Get the Full Story Complete the...

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Maersk Cuts Another 3,500 Jobs Amid Shipping Industry’s ‘New Normal’
Maersk Cuts Another 3,500 Jobs Amid Shipping Industry’s ‘New Normal’
November 03, 2023  |  Shipping

Maersk is eliminating another 3,500 positions after having reduced its headcount by 6,500 throughout the year. Get the Full Story Complete the form to unlock this...

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Target CEO: Stressed Consumers Trim Grocery Budgets
Target CEO: Stressed Consumers Trim Grocery Budgets
November 02, 2023  |  Retail

Target CEO Brian Cornell said the strain consumers are feeling has finally begun to impact grocery sales. Get the Full Story Complete the form to...

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