economy

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

Goldman’s Marcus Logs $110B in Deposits as Digital Bank Refocuses

Goldman’s Marcus Logs $110B in Deposits as Digital Bank Refocuses
Goldman’s Marcus Logs $110B in Deposits as Digital Bank Refocuses
October 18, 2022  |  Earnings

Amid the macro headwinds, Goldman Sachs’ digital bank is a work in progress. Get the Full Story Complete the form to unlock this article and...

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Hasbro Sees Increasing Consumer Price Sensitivity and Reliance on Promotion
Hasbro Sees Increasing Consumer Price Sensitivity and Reliance on Promotion
October 18, 2022  |  Retail

For a business that’s been selling toys and games for 99 years, Rhode Island-based Hasbro — which now calls itself a “branded entertainment” company — is...

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Nordstrom Finance Chief Anne Bramman to Step Down
Nordstrom Finance Chief Anne Bramman to Step Down
October 18, 2022  |  Retail

After five years in the role, Nordstrom Chief Financial Officer Anne Bramman will resign in December, the luxury department store chain announced Monday (Oct. 17)....

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Conn’s CEO Chandra Holt Resigns as Retailer Faces 23% Drop in Revenue
Conn’s CEO Chandra Holt Resigns as Retailer Faces 23% Drop in Revenue
October 18, 2022  |  Retail

After a little more than a year on the job, Chandra Holt has stepped down as president and CEO of furniture, appliance and electronics retailer...

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More Brands Will Offer Secured Credit Cards for Customers During Uncertain Economic Times
More Brands Will Offer Secured Credit Cards for Customers During Uncertain Economic Times
October 18, 2022  |  Opinion

Amid economic challenges, the credit landscape is shifting, Roy Ng, co-founder and CEO of Bond, writes in the new PYMNTS eBook, “What’s Your Plan? Payments Strategies...

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Consumers’ Passion for Choice Compounds Restaurants’ Labor Challenges
Consumers’ Passion for Choice Compounds Restaurants’ Labor Challenges
October 17, 2022  |  ResTech

With ongoing labor challenges intensified by consumers’ increasing expectations of convenience and access, restaurants are facing a very different landscape than they were even a...

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Pound Rebounds on New UK Chancellor’s First Day but Import-Export Challenges Remain
Pound Rebounds on New UK Chancellor’s First Day but Import-Export Challenges Remain
October 17, 2022  |  Europe

Last month, when then-Chancellor of the Exchequer Kwasi Kwarteng announced sweeping tax cuts in the U.K., the currency markets reacted with swift retribution for what...

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Inflation Slows Ultrafast Grocers’ Ambitions
Inflation Slows Ultrafast Grocers’ Ambitions
October 17, 2022  |  Economy

Those who have been skeptical of the hype around ultrafast grocery all along have been vindicated, at least in part, as players in the space...

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