economy

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

Amazon vs Walmart Weekly: Was Q2 the Bottom or the Beginning?

Amazon vs Walmart Weekly: Was Q2 the Bottom or the Beginning?
Amazon vs Walmart Weekly: Was Q2 the Bottom or the Beginning?
July 01, 2022  |  Retail

The past three months of runaway inflation, rising interest rates, worries about the war in Europe and the gloomy bear market at home may not...

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As eCommerce Slows, FedEx Says It Will Rely on Efficiency
As eCommerce Slows, FedEx Says It Will Rely on Efficiency
June 30, 2022  |  Delivery

Top FedEx executives have laid out plans for helping the company recover over the next few years from the post-pandemic decline in online commerce, The...

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Meta Vows ‘Leaner, Meaner’ Operation as Business Climate Chills
Meta Vows ‘Leaner, Meaner’ Operation as Business Climate Chills
June 30, 2022  |  Facebook / Meta

Meta Platforms is looking into a “leaner” second half of 2022, as data privacy issues hit its ad business and macroeconomic pressures increase, Reuters wrote...

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Auto Lenders Brace for Higher Interest Rates, Recession
Auto Lenders Brace for Higher Interest Rates, Recession
June 30, 2022  |  Economy

As the Federal Reserve boosts interest rates to beat inflation, all sorts of debt becomes more expensive. Much of the everyday focus may be on...

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Commerce Dept: People Are Spending More on Gas, Less on Cars
Commerce Dept: People Are Spending More on Gas, Less on Cars
June 30, 2022  |  Consumer Insights

Overall consumer spending fell in May, driven largely by spikes in fuel and housing costs, the U.S. Commerce Department said Thursday (June 30). Get the...

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Today in Data: Declining Consumer Confidence
Today in Data: Declining Consumer Confidence
June 30, 2022  |  Today In Data

Today in data, continued inflation and fears of a recession have contributed to a drop in the Consumer Confidence Index. Get the Full Story Complete...

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RH Says High Mortgage Rates Killing Demand for Luxury Homes, Furniture
RH Says High Mortgage Rates Killing Demand for Luxury Homes, Furniture
June 30, 2022  |  Retail

Hopes for a near-term turnaround in the battered home furnishing category were dashed Wednesday evening (June 29), after high-end retailer RH told investors it expects...

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Luxury Home Slowdown Takes Toll on RH Furniture Sales
Luxury Home Slowdown Takes Toll on RH Furniture Sales
June 29, 2022  |  Retail

RH, the high-end furniture retailer, has seen its stock tumble in extended trading, after it cut its forecast, Bloomberg reported Wednesday (June 29). Get the...

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