economy

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

Walmart Cuts Q2, FY23 Profit Outlook as It Lowers Prices to Move Goods

Walmart Cuts Q2, FY23 Profit Outlook as It Lowers Prices to Move Goods
Walmart Cuts Q2, FY23 Profit Outlook as It Lowers Prices to Move Goods
July 25, 2022  |  Walmart

Walmart has slashed its outlook for both the second quarter along with the fiscal year 2023 as the economy continues to see troubled times, per...

READ MORE >
The Week Ahead: Earnings Will Spotlight Big Tech’s Payments Ambitions
The Week Ahead: Earnings Will Spotlight Big Tech’s Payments Ambitions
July 25, 2022  |  Earnings

The banks came first — weighing in on the state of the consumer, taking measures of credit and debit spending. Get the Full Story Complete...

READ MORE >
Inflation May Give Younger Consumers Pause Before Reaching for Their Cards
Inflation May Give Younger Consumers Pause Before Reaching for Their Cards
July 25, 2022  |  Consumer Finance

Inflation hits everyone, yes — and how they view their financial straits governs how they’ll spend in the near (and longer) term. Get the Full...

READ MORE >
The Data Point: Declines Dog 24% of Consumers With High Payments Diversification
The Data Point: Declines Dog 24% of Consumers With High Payments Diversification
July 25, 2022  |  Payment Methods

Not content to hit 8.6% in May, the Consumer Price Index (CPI) shifted to up to 9.1% in June, making consumers conflicted enough about inflation...

READ MORE >
Why Retailers Should Worry About Inflation but Dread the Wealth Effect
Why Retailers Should Worry About Inflation but Dread the Wealth Effect
July 25, 2022  |  Retail

A new survey of U.S. consumers, hot off the presses at PYMNTS, tells a lot about how they’re handling the current economic turmoil and when...

READ MORE >
Inflation Brings Worries by the Truckload as Freight Demand Slows
Inflation Brings Worries by the Truckload as Freight Demand Slows
July 22, 2022  |  Earnings

Demand for freight transportation is slowing as consumers cope with rising inflation, executives at Knight-Swift Transportation Holdings said Wednesday (July 20) during the company’s quarterly...

READ MORE >
Amazon vs Walmart Weekly: Summer Heatwave Brings Retailers’ ESG Efforts to a Boil
Amazon vs Walmart Weekly: Summer Heatwave Brings Retailers’ ESG Efforts to a Boil
July 22, 2022  |  Retail

By this time next week, we will know how Amazon performed in the second quarter, as the eCommerce leader is set to report its latest...

READ MORE >
AT&T Dials Up Latest Sign of Distress for Paycheck-to-Paycheck Economy
AT&T Dials Up Latest Sign of Distress for Paycheck-to-Paycheck Economy
July 21, 2022  |  Connected Economy

The latest sign of turbulence and stress in the paycheck-to-paycheck economy comes not from the housing sector, not from credit card issuers or BNPL, but...

READ MORE >