economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.
Initial Claims for Unemployment Drop by 18,000
Initial Claims for Unemployment Drop by 18,000
January 04, 2024  |  Economy

The number of initial claims for unemployment insurance dropped to 202,000 during the week ended Saturday (Dec. 30). That total was 18,000 less than the...

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Number of Job Openings Remained Steady in November
Number of Job Openings Remained Steady in November
January 03, 2024  |  Economy

The number of job openings in the United States was little changed in November, while the number of hires and total job separations decreased. On...

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Jason’s Deli: Corporate Turnover Creates Catering Opportunity for Restaurants
Jason’s Deli: Corporate Turnover Creates Catering Opportunity for Restaurants
January 03, 2024  |  Restaurant innovation

As major businesses have laid off staff, added new leadership, and otherwise restructured, Jason’s Deli sees the opportunity to pick up new catering customers when the economy...

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Carmakers Could Face Bumpy Road in 2024 Following Sales Rebound
Carmakers Could Face Bumpy Road in 2024 Following Sales Rebound
January 03, 2024  |  Economy

Automakers enjoyed a resurgence in sales in 2023, but 2024 might be a different story. With major car companies due to report year-end sales figures...

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Uniqlo Holds Onto Bargain Couture as H&M Tries on New Look for Shoppers
Uniqlo Holds Onto Bargain Couture as H&M Tries on New Look for Shoppers
January 02, 2024  |  Retail

Uniqlo wants to grow by selling good-quality apparel at affordable prices. That’s the stance the Japanese retailer is taking when it comes to securing its...

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Sixty Percent of US Consumers Live Paycheck to Paycheck – That Could Change in 2024
Sixty Percent of US Consumers Live Paycheck to Paycheck – That Could Change in 2024
December 29, 2023  |  Economy

Persistent inflation and increasing prices for essential items, from groceries and utilities to fuel, have left most Americans treading water financially in recent years. And...

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Consumers Pull Back on Spending; Companies Cut Costs
Consumers Pull Back on Spending; Companies Cut Costs
December 29, 2023  |  Economy

Companies are reportedly facing the reality of limited pricing power as demand weakens and consumers become more price sensitive. This marks a shift from recent...

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Jobless Claims Creep up for Second Consecutive Week
Jobless Claims Creep up for Second Consecutive Week
December 28, 2023  |  Economy

Unemployment claims keep climbing, although some economists are still reportedly confident in the labor market. Figures released Thursday (Dec. 28) by the U.S. Department of...

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California Pizza Huts Slash 1,200 Jobs as in-House Delivery Ends
California Pizza Huts Slash 1,200 Jobs as in-House Delivery Ends
December 27, 2023  |  Personnel

Two California Pizza Hut locations are eliminating in-house delivery, resulting in 1,200-plus driver layoffs. The job cuts impact Pizza Hut delivery drivers across California, including...

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