economy

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

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
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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Consumer Spending, Personal Income up in July
Consumer Spending, Personal Income up in July
August 26, 2022  |  Consumer Insights

Consumer spending increased 0.1% in July from a month earlier, with an uptick in outlays on services and long-lasting goods and a decrease in gasoline...

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Klarna, Block, Sezzle Results: Merchants, Consumers Flocking to Short-Term Financing
Klarna, Block, Sezzle Results: Merchants, Consumers Flocking to Short-Term Financing
August 26, 2022  |  BNPL

At this writing, shares of Affirm are down about 15%. In part that’s due to guidance that gross merchandise volumes will slow and that the...

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Ulta Beauty Answers Consumer Call for Omnichannel Options
Ulta Beauty Answers Consumer Call for Omnichannel Options
August 26, 2022  |  Retail

Even as consumers return to brick-and-mortar stores, they continue to shop online as well, Ulta Beauty reported Thursday (Aug. 25) during its quarterly earnings call. ...

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Dollar General, Dollar Tree Look to Leverage the ‘Great Retail Trade Down’
Dollar General, Dollar Tree Look to Leverage the ‘Great Retail Trade Down’
August 26, 2022  |  Retail

We’ve seen a series of “great” trends emerge from the pandemic. There was the great digital shift, the great resignation, the great unsubscribe, and now...

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Wealthier Americans Shave Credit, Debit Card Spending
Wealthier Americans Shave Credit, Debit Card Spending
August 25, 2022  |  Consumer Finance

Outside of basic purchases like groceries, gas and clothes, Americans earning over $125,000 annually are continuing to reel in credit and debit card spending for...

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