economy

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

Citi Plans ‘Uncomfortable’ Cuts Amid Sweeping Reorganization

Citi Plans ‘Uncomfortable’ Cuts Amid Sweeping Reorganization
Citi Plans ‘Uncomfortable’ Cuts Amid Sweeping Reorganization
September 13, 2023  |  Economy

Citi says it is embarking on a major restructuring of its organization that eliminates a number of management layers. Get the Full Story Complete the form...

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Cracker Barrel Sees Consumer Belt-Tightening Impede Summer Dining Bump
Cracker Barrel Sees Consumer Belt-Tightening Impede Summer Dining Bump
September 13, 2023  |  Earnings

Typically, restaurants see sales rise during the summer, but as consumers’ financial challenges persist, Cracker Barrel is seeing its customers continue to pull back. Get...

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Roam Launches Service Connecting Homebuyers With Assumable Mortgages
Roam Launches Service Connecting Homebuyers With Assumable Mortgages
September 13, 2023  |  Real Estate

Roam launched a service that helps homebuyers secure home loans as low as 2% through the mortgage assumption process. Get the Full Story Complete the...

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Inflation’s Resurgence Threatens ‘Nonessential’ Spending at Grocers, Retailers
Inflation’s Resurgence Threatens ‘Nonessential’ Spending at Grocers, Retailers
September 13, 2023  |  Economy

Inflation has notched a milestone this summer, reaching its highest level for the year. Get the Full Story Complete the form to unlock this article...

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Goldman Sachs CEO Says Inflation May Be More Persistent Than Expected
Goldman Sachs CEO Says Inflation May Be More Persistent Than Expected
September 13, 2023  |  Economy

Goldman Sachs CEO David Solomon reportedly expressed uncertainty about the U.S. economic outlook while highlighting the potential for a soft landing. Get the Full Story Complete the form...

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Wells Fargo CFO Expects More Layoffs in Drive for Efficiency
Wells Fargo CFO Expects More Layoffs in Drive for Efficiency
September 12, 2023  |  Banking

Wells Fargo Chief Financial Officer Mike Santomassimo reportedly said that the bank could make further layoffs as it seeks to improve efficiency. Get the Full Story Complete the...

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Are Pet Parents Finally Starting to Trade Down on Food?
Are Pet Parents Finally Starting to Trade Down on Food?
September 12, 2023  |  Retail

Are America’s dog and cat owners beginning to switch to cheaper pet foods? Get the Full Story Complete the form to unlock this article and...

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Truist Financial Plans ‘Sizable Reductions’ in Jobs, $750 Million Cut in Expense
Truist Financial Plans ‘Sizable Reductions’ in Jobs, $750 Million Cut in Expense
September 11, 2023  |  Economy

Truist Financial will make “sizeable reductions” in its workforce from the third quarter through the first quarter of 2024. Get the Full Story Complete the form...

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