economy

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

Home Depot’s Record Q2 Shows Nesting Trend Not Done Yet
Home Depot’s Record Q2 Shows Nesting Trend Not Done Yet
August 16, 2022  |  Retail

A backlog of home improvement projects among professional customers helped The Home Depot keep its momentum in the second quarter of fiscal 2022 as the...

READ MORE >
ThredUP: Apparel Resale ‘Uniquely Positioned’ to Weather Storm as Orders, Buyers Rise
ThredUP: Apparel Resale ‘Uniquely Positioned’ to Weather Storm as Orders, Buyers Rise
August 16, 2022  |  Retail

Clothing reseller thredUP saw double-digit percentage increases in the number of orders and buyers on its platform during the second quarter. Get the Full Story...

READ MORE >
Walmart Insights on Impact of Cheaper Gas Set to Dominate Q2 Conversation
Walmart Insights on Impact of Cheaper Gas Set to Dominate Q2 Conversation
August 15, 2022  |  Retail

In some ways, Walmart’s upcoming second-quarter earnings report is like waiting for a slow-moving hurricane to make landfall, with the main question being not if...

READ MORE >
Weber Cuts Managers, Keeps Brand Ambassadors, as Sales Drop 20%
Weber Cuts Managers, Keeps Brand Ambassadors, as Sales Drop 20%
August 15, 2022  |  Retail

Grill maker Weber is planning a 10% “reduction of force” in its management staff after reporting a 21% drop in sales Monday (Aug. 15). Get...

READ MORE >
Affirm CEO: Recession Will Prove Our Underwriting Smarts
Affirm CEO: Recession Will Prove Our Underwriting Smarts
August 14, 2022  |  Buy Now Pay Later

Affirm Holdings has seen its stock down 77% since a November high, but founder Max Levchin is confident that his company will be able to...

READ MORE >
Expecting a Rebound, Germany’s Zalando Won’t Follow eCommerce Trend by Cutting Jobs
Expecting a Rebound, Germany’s Zalando Won’t Follow eCommerce Trend by Cutting Jobs
August 14, 2022  |  eCommerce

Zalando, the biggest European online fashion retailer, doesn’t think the current slowdown on internet shopping will last, Financial Times (FT) wrote Sunday (Aug. 14). Get...

READ MORE >
Saturday Data Dive: Even the Rich Are Now Trying to Save Time and Money
Saturday Data Dive: Even the Rich Are Now Trying to Save Time and Money
August 13, 2022  |  Economy

Throughout the pandemic, we’ve all collectively acquired a whole new set of digital doodads and pastimes, but as that episode gives way to the jarring...

READ MORE >
Pace of M&A Activity in August Fastest Since November 2021
Pace of M&A Activity in August Fastest Since November 2021
August 12, 2022  |  Acquisitions

In just the first 12 days of August, the dollar value of mergers and acquisitions (M&A) announced in North America is higher than that recorded...

READ MORE >
Survey Shows Consumer Sentiment Improvement in August
Survey Shows Consumer Sentiment Improvement in August
August 12, 2022  |  Consumer Insights

United States consumers feel better about the economy than they did a month ago, preliminary August data from the closely watched University of Michigan survey...

READ MORE >