economy

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

Nearly One in Four Gen Z Shoppers Won’t Buy If BNPL Not Offered

Nearly One in Four Gen Z Shoppers Won’t Buy If BNPL Not Offered
Nearly One in Four Gen Z Shoppers Won’t Buy If BNPL Not Offered
August 09, 2023  |  BNPL

Traditional credit is more difficult to access and increasingly expensive to maintain as the Federal Reserve keeps raising rates, driving some consumers are seeking alternative...

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Credit Card Balances Pass $1 Trillion as Consumers Rely on Payment Method
Credit Card Balances Pass $1 Trillion as Consumers Rely on Payment Method
August 08, 2023  |  Credit Cards

It’s the $1 trillion milestone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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The Aspiration Shopper May Be Straying From Luxury and Turning to Travel
The Aspiration Shopper May Be Straying From Luxury and Turning to Travel
August 08, 2023  |  Retail

The aspirational shopper, once a core target demographic for high-end brands, seems to be in a state of flux. As the traditional luxury market contends...

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Report: 300K Student Loan Borrowers Have Died Since Moratorium
Report: 300K Student Loan Borrowers Have Died Since Moratorium
August 07, 2023  |  Loans

Roughly 300,000 student loan borrowers have died since the federal government’s 2020 loan moratorium. Get the Full Story Complete the form to unlock this article...

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Couples Say ‘I Do’ to Rentals to Cut Wedding Costs
Couples Say ‘I Do’ to Rentals to Cut Wedding Costs
August 05, 2023  |  Economy

Despite economic uncertainty and inflation, weddings must still go on, and brides and grooms still need to find a way to pay for all those...

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Paycheck-to-Paycheck Consumers Who Live Alone Have Less Credit Card Debt
Paycheck-to-Paycheck Consumers Who Live Alone Have Less Credit Card Debt
August 04, 2023  |  Debt

With inflation still at high levels, Americans continue to rely on their regular paychecks to meet their expenses and financial obligations, with little or no...

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Declining Consumer Spend May Deepen Container Shipping Slowdown
Declining Consumer Spend May Deepen Container Shipping Slowdown
August 04, 2023  |  Shipping

Danish shipping giant Maersk reported a sharp fall in second-quarter earnings on Friday (Aug. 4) as global demand for the shipping of containers by sea continues its...

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Analysts: July Jobs Report Suggests Possibility of Economy’s Soft Landing
Analysts: July Jobs Report Suggests Possibility of Economy’s Soft Landing
August 04, 2023  |  Economy

Healthcare, social assistance, financial activities and wholesale trade led the country’s job gains in July. Get the Full Story Complete the form to unlock this...

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