economy

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

Muddled, Muted And Misplaced, ‘Revenge Shopping’ Trend Tries On A New Look For Summer
Muddled, Muted And Misplaced, ‘Revenge Shopping’ Trend Tries On A New Look For Summer
July 02, 2021  |  Economy

A few months ago, in the waning days of winter and at the outset of mass vaccination, economists and retail industry analysts were largely in...

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Tech Spending Set To Rise 7.4 Pct As Pandemic Ebbs
Tech Spending Set To Rise 7.4 Pct As Pandemic Ebbs
July 02, 2021  |  Economy

As the economy rises and the raging pandemic gets doused with vaccines, tech spending is set to grow. Forrester Research predicts that overall growth in...

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Nonfarm Job Growth Hits 850,000 In June, Beating Predictions
Nonfarm Job Growth Hits 850,000 In June, Beating Predictions
July 02, 2021  |  Economy

Total nonfarm payroll employment rose by 850,000 in June, far outstripping the revised 583,000 jobs created in May. The increase in jobs topped the predictions of analysts....

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NFIB: 46 Pct Of SMBs Have Unfilled Job Openings
NFIB: 46 Pct Of SMBs Have Unfilled Job Openings
July 01, 2021  |  SMBs

Forty-six percent of small business owners say they had job openings they couldn’t fill, a report from NFIB says. Get the Full Story Complete the...

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Retailers Turn To AI To Cope With Inflation
Retailers Turn To AI To Cope With Inflation
July 01, 2021  |  Retail

With consumer demand quickly recovering post-pandemic and supply chains still tangled, inflation is on the rise, pushing costs up even as retailers attempt to compete...

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New Jobless Claims Hit Lowest Level Since Pandemic Began
New Jobless Claims Hit Lowest Level Since Pandemic Began
July 01, 2021  |  Economy

Initial jobless claims for the week ending June 26 dropped 51,000 to 364,000 from the previous week’s level, which was revised up to 415,000, according...

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UN Study Shows Int’l Travel Stuck At 1980s Levels; Recovery Forecast Suggests Long Way To Go
UN Study Shows Int’l Travel Stuck At 1980s Levels; Recovery Forecast Suggests Long Way To...
June 30, 2021  |  Travel Payments

While the pace of recovery in the U.S. has been relatively swift as COVID-19 vaccines have reached the public quickly, the global pace of recovery...

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ADP: 692K New Jobs Added From May To June
ADP: 692K New Jobs Added From May To June
June 30, 2021  |  Economy

The U.S. economy has added some three million jobs in the private sector since the start of 2021, including 692,000 new positions this month, according...

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Appetite For Luxury Prompts Forecast Boost By Versace Parent
Appetite For Luxury Prompts Forecast Boost By Versace Parent
June 29, 2021  |  Retail

The post-pandemic appetite for luxury goods has prompted Capri Holdings — parent to Michael Kors, Versace and Jimmy Choo — to increase its profit and...

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