economy

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

Luxury Bakeries Thrive as Consumers Cut Bigger-Ticket Indulgences

Luxury Bakeries Thrive as Consumers Cut Bigger-Ticket Indulgences
Luxury Bakeries Thrive as Consumers Cut Bigger-Ticket Indulgences
February 01, 2023  |  Economy

As consumers cut major expenses, many continue to spring for small luxuries like baked goods. Get the Full Story Complete the form to unlock this...

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Sezzle CEO: FinTech Path to Profitability Starts With Being Your Own Worst Critic
Sezzle CEO: FinTech Path to Profitability Starts With Being Your Own Worst Critic
February 01, 2023  |  Fintech Investments

If Sezzle CEO Charlie Youakim had to write a book about the FinTech bubble that burst in 2022, he’d call it “Crazy Money.” Get the...

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The Conference Board: Consumers’ Short-Term Outlook May Signal Coming Recession 
The Conference Board: Consumers’ Short-Term Outlook May Signal Coming Recession 
January 31, 2023  |  Economy

Consumer confidence dipped in January after rising in December, according to The Conference Board. Get the Full Story Complete the form to unlock this article...

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Upstart Laying Off 365 Employees as Loan Originations Decline
Upstart Laying Off 365 Employees as Loan Originations Decline
January 31, 2023  |  Personnel

Upstart is laying off 365 employees due to reduced demand for lending. Get the Full Story Complete the form to unlock this article and enjoy...

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McDonald’s Leverages Rewards App to Mitigate Inflationary Trade-Down
McDonald’s Leverages Rewards App to Mitigate Inflationary Trade-Down
January 31, 2023  |  Earnings

As consumers remain concerned about inflation, McDonald’s is seeing smaller orders and a trade-down to grocery. Get the Full Story Complete the form to unlock...

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Grocers See Even High-Income Consumers Reining in Spending
Grocers See Even High-Income Consumers Reining in Spending
January 31, 2023  |  Retail

With consumers continuing to reel at food inflation, even upscale grocers are forced to adjust. Get the Full Story Complete the form to unlock this...

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Interest Rate Hikes Threaten Higher Income Paycheck-to-Paycheck Consumers’ Card Spending
Interest Rate Hikes Threaten Higher Income Paycheck-to-Paycheck Consumers’ Card Spending
January 31, 2023  |  Credit Cards

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Used Car Sector Faces ‘Challenging Year’ as Consumers Cut Spending
Used Car Sector Faces ‘Challenging Year’ as Consumers Cut Spending
January 31, 2023  |  Economy

Inflation and an uptick in new vehicle production have dampened the market for used cars. Get the Full Story Complete the form to unlock this...

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