economy

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

Best Buy Says Strapped Consumers Cut Back on Home Theater, Computer Purchases
Best Buy Says Strapped Consumers Cut Back on Home Theater, Computer Purchases
August 30, 2022  |  Retail

Best Buy saw a decline in sales during the second quarter, the electronics retailer reported Tuesday (Aug. 30), as consumers shied away from home theater...

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Notting Hill Carnival Returns to London Amid High Consumer Costs, Record Inflation
Notting Hill Carnival Returns to London Amid High Consumer Costs, Record Inflation
August 29, 2022  |  POS Innovation

This week and for the first time since 2019, Londoners gathered for the annual Notting Hill carnival, a street festival and celebration of the city’s...

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Consumers Pulled Back on Grocery Purchasing in July
Consumers Pulled Back on Grocery Purchasing in July
August 29, 2022  |  Consumer Finance

As ongoing inflation has many being more cautious about their spending, the share of consumers making grocery purchases each month is on the decline. Get...

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FinTech Financing Options Ease Healthcare Practices’ Payer Pains
FinTech Financing Options Ease Healthcare Practices’ Payer Pains
August 29, 2022  |  B2B Payments

Medical groups and hospitals are struggling as third-party payers squeeze reimbursements. Medicare has been increasing the number of denials of reimbursement. Self-insured corporations are looking...

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Savings Not Enough to Blunt Paycheck-to-Paycheck Pressures
Savings Not Enough to Blunt Paycheck-to-Paycheck Pressures
August 29, 2022  |  Economy

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As Prices Rise, Restaurants Reevaluate Free Food Loyalty Incentives
As Prices Rise, Restaurants Reevaluate Free Food Loyalty Incentives
August 29, 2022  |  Loyalty & Rewards

Amid ongoing food price inflation, many restaurants are finding that their loyalty programs are their best tool to combat trade-down to grocery, enabling them to...

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The Data Point: 83% of Consumers Bought Groceries in July, Down 87% in June
The Data Point: 83% of Consumers Bought Groceries in July, Down 87% in June
August 29, 2022  |  Economy

With inflation and unleashed summer travel demand putting the hurt on weakened paychecks, more consumers — especially younger demos — dined out for a better...

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El Salvador Weekly: Bonds Bounce Back
El Salvador Weekly: Bonds Bounce Back
August 26, 2022  |  Cryptocurrency

In late July, a Morgan Stanley analyst told clients that they should buy El Salvador’s badly distressed bonds, which have repeatedly been cut deep into...

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This Week in Payments: Amazon Care Exits, Peloton Peddles Content, BNPL Shifting and the Inflation Food Fight
This Week in Payments: Amazon Care Exits, Peloton Peddles Content, BNPL Shifting and the Inflation...
August 26, 2022  |  Payments Innovation

With news that Amazon is sunsetting its Amazon Care healthcare initiative, Peloton’s pivot to a more open ecosystem for its app and content and upbeat...

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