economy

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

Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling

Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling
Consumers’ Cautious Return to Spend Leaves Discretionary Retailers Like Best Buy Struggling
September 06, 2023  |  Consumer Finance

Earnings statistics suggest that consumers are not quite feeling comfortable about freely spending again — at least for retailers of nonessential goods.  Get the Full...

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Cybersecurity Company IronNet to Furlough Workers and Explore Options
Cybersecurity Company IronNet to Furlough Workers and Explore Options
September 06, 2023  |  Cybersecurity

IronNet, a cybersecurity company founded by former Pentagon leaders, announced it will furlough most of its workers and explore options including bankruptcy reorganization or liquidation....

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Fed’s Beige Book Portends Slowdown for Main Street Retail Mainstays
Fed’s Beige Book Portends Slowdown for Main Street Retail Mainstays
September 06, 2023  |  Economy

Modest growth is in the cards, and for Main Street stalwarts among smaller businesses — namely in retail — the pressure is mounting. Get the...

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10% of Consumers Use BNPL at the Grocery Store
10% of Consumers Use BNPL at the Grocery Store
September 06, 2023  |  BNPL

As macroeconomic challenges continue to rack budget-strapped consumers, a small but meaningful share of grocery shoppers is using buy now, pay later (BNPL) to buy...

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Disney Leverages Restaurants to Draw Consumers Back to Parks
Disney Leverages Restaurants to Draw Consumers Back to Parks
September 06, 2023  |  ResTech

In an effort to combat the challenges that economic pressures have posed for Disney’s U.S. resorts, the media giant is looking to its restaurant offerings...

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Business Bankruptcies Rise 17% in August Due to Interest Rates
Business Bankruptcies Rise 17% in August Due to Interest Rates
September 05, 2023  |  Economy

Business bankruptcies reportedly experienced a sharp increase in August, with more companies seeking court protection from their creditors. Get the Full Story Complete the form...

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Half of Restaurant Customers Used BNPL to Pay for Their Meal
Half of Restaurant Customers Used BNPL to Pay for Their Meal
September 05, 2023  |  BNPL

Restaurants may be benefitting from consumers’ willingness to use buy now, pay later (BNPL), but the popularity of this payment method belies a larger challenge...

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Factory Order Data Underscores Need for Robust Inventory Management — and Financing
Factory Order Data Underscores Need for Robust Inventory Management — and Financing
September 05, 2023  |  Economy

The U.S. Commerce Department said Tuesday (Sept. 5) that orders for U.S. manufactured goods were down in July, by 2.1%, a reversal from four straight...

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