economy

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

Unemployment Claims Remain Low as Wage Growth Slides

Unemployment Claims Remain Low as Wage Growth Slides
Unemployment Claims Remain Low as Wage Growth Slides
October 05, 2023  |  Economy

Initial jobless claims remained low last week, according to new Labor Department data. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Restaurants Benefit from Consumer Hesitance to Cut Back
Restaurants Benefit from Consumer Hesitance to Cut Back
October 04, 2023  |  Consumer Finance

When consumers’ budgets are pressured, they may cut back, but restaurants benefit from spenders’ strong desire to find other ways to afford the small luxuries...

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Nike Sees Strong D2C Sales Despite Consumers’ Discretionary Spending Pressures
Nike Sees Strong D2C Sales Despite Consumers’ Discretionary Spending Pressures
October 04, 2023  |  eCommerce

The continued buildout of Nike’s digital channels and direct-to-consumer (D2C) sales, as well as the brand’s inextricable ties to an ecosystem, are helping buck pressures...

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ADP Finds ‘Steepening’ Decline in Job Growth as Wages Dip
ADP Finds ‘Steepening’ Decline in Job Growth as Wages Dip
October 04, 2023  |  Economy

Private employers added 89,000 jobs last month, the slowest growth rate since early 2021. Get the Full Story Complete the form to unlock this article...

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McCormick CEO: Grocery Shoppers Want Value Without Sacrificing Brand Names
McCormick CEO: Grocery Shoppers Want Value Without Sacrificing Brand Names
October 04, 2023  |  Earnings

Even as consumers seek out low-cost options, they choose brand names when given a budget-friendly choice, according to McCormick. Get the Full Story Complete the...

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Nearly 12% of Americans See Incomes Decrease as Business Slows
Nearly 12% of Americans See Incomes Decrease as Business Slows
October 04, 2023  |  Economy

More and more Americans are seeing income levels drop, a new labor market survey shows. Get the Full Story Complete the form to unlock this...

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Chainalysis Reduces Workforce 15% ‘Due to Market Conditions’
Chainalysis Reduces Workforce 15% ‘Due to Market Conditions’
October 03, 2023  |  Personnel

Blockchain analytics firm Chainalysis made a 15% reduction in its workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Professional and Business Services Sector Leads Job Openings Surge
Professional and Business Services Sector Leads Job Openings Surge
October 03, 2023  |  Economy

The number of job openings in the United States leaped 5.8% during August, reaching 9.6 million at the end of the month. Get the Full...

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