economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.
Bank Execs Expected to Push Back Against Capital Hikes
Bank Execs Expected to Push Back Against Capital Hikes
December 04, 2023  |  Bank Regulation

Bank CEOs are set to appear before the Senate Banking Committee to protest new regulations and capital hikes, arguing that these measures will harm the...

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Deflation Trend Could Pull Inflation Back to 2%
Deflation Trend Could Pull Inflation Back to 2%
December 03, 2023  |  Economy

Deflation has made its presence known, and could help bring inflation down to 2%. That’s according to a Sunday (Dec. 3) report by The Wall...

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Christmas Tree Costs Soar, Yet Consumers Still Pine for Authenticity 
Christmas Tree Costs Soar, Yet Consumers Still Pine for Authenticity 
December 02, 2023  |  Retail

As the festive season sleighs in and inflation plays Scrooge, one can’t help but wonder: Are folks still decorating their homes with real Christmas trees? ...

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Fed: Smaller Banks Report Pressure on Commercial Loan Demand
Fed: Smaller Banks Report Pressure on Commercial Loan Demand
November 30, 2023  |  Economy

The Federal Reserve’s Beige Book — released eight times a year — collects qualitative observations about current economic conditions across the central bank’s dozen districts....

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Cracker Barrel Bets on Digital Rewards to Combat Declining Revenue
Cracker Barrel Bets on Digital Rewards to Combat Declining Revenue
November 30, 2023  |  Earnings

As restaurants turn to technology to weather the economic storm, Cracker Barrel has finally gotten into rewards and is now counting on its new loyalty...

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Big Lots Focuses on ‘Extreme’ Bargains as Food Sales Dip
Big Lots Focuses on ‘Extreme’ Bargains as Food Sales Dip
November 30, 2023  |  Earnings

Big Lots says its quarterly earnings show the impact of a cautious consumer.  The discount retailer’s numbers, released Thursday (Nov. 30), showed comparable sales down 13.2%, as...

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Inflation Data Shows Traveling and Food Prices Rising
Inflation Data Shows Traveling and Food Prices Rising
November 30, 2023  |  Economy

The latest data on personal spending matched expectations. And the parlor game as to whether the Fed will pause or even cut interest rates continues....

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Decreased Consumer Savings Mean Holiday Spending Cutbacks
Decreased Consumer Savings Mean Holiday Spending Cutbacks
November 30, 2023  |  Consumer Finance

Despite positive Black Friday numbers, where consumers stretched their budgets to do some shopping, data suggests that the rest of the holiday shopping season may be...

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Family Dollar Sales Challenged Amid ‘Notable’ Spending Pullback
Family Dollar Sales Challenged Amid ‘Notable’ Spending Pullback
November 29, 2023  |  Earnings

Family Dollar’s parent company is evaluating the chain following a decline in spending among lower-income shoppers. Dollar Tree CEO Rick Dreiling made that announcement Wednesday (Nov. 29) after the company’s...

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