economy

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

America’s Soaring Food and Fuel Problem Drives 8.6% Increase in May’s Inflation

America’s Soaring Food and Fuel Problem Drives 8.6% Increase in May’s Inflation
America’s Soaring Food and Fuel Problem Drives 8.6% Increase in May’s Inflation
June 10, 2022  |  Economy

Double-digit increases in the price of gasoline and food combined to push the overall Consumer Price Index 8.6% higher in May, a move that not...

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More Consumers Letting Card Debt Revolve, Incur Interest
More Consumers Letting Card Debt Revolve, Incur Interest
June 10, 2022  |  Credit Cards

Consumers are increasingly letting their credit card debt revolve and letting interest mount instead of paying off what they owe each month.  Get the Full...

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Labor Dept: Unemployment Applications Top Pre-Pandemic Levels
Labor Dept: Unemployment Applications Top Pre-Pandemic Levels
June 09, 2022  |  Economy

New unemployment applications climbed last week above the pre-pandemic average for the first time since January, the U.S. Labor Department reported Thursday (June 9). Get...

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Inditex Boosted By Zara Foot Traffic Increase, Unbowed on Online Sales Goals
Inditex Boosted By Zara Foot Traffic Increase, Unbowed on Online Sales Goals
June 08, 2022  |  Retail

Global clothing retailer Inditex, the parent company of Zara, saw “a significant rebound in traffic” to its stores worldwide in the first quarter of fiscal...

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Payments Technologies Level the Playing Field for Female Entrepreneurs
Payments Technologies Level the Playing Field for Female Entrepreneurs
June 08, 2022  |  Commerce

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Insufficient Funds Caused 27% of Consumer Payment Declines in April
Insufficient Funds Caused 27% of Consumer Payment Declines in April
June 07, 2022  |  Consumer Finance

In April, insufficient funds became the most common reason that consumers’ payments were declined, according to “Digital Economy Payments,” a PYMNTS report based on a...

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Domino’s, Sonic, Other Brands Launch Deals to Woo Inflation-Concerned Consumers
Domino’s, Sonic, Other Brands Launch Deals to Woo Inflation-Concerned Consumers
June 07, 2022  |  Retail

As restaurants note inflation’s impact on consumer behaviors, with rising prices threatening customer loyalty, some major brands are addressing the challenge by leaning into it,...

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IoT Helps Freight Companies Tackle Inflation
IoT Helps Freight Companies Tackle Inflation
June 06, 2022  |  Internet of Things

Companies are investing in digital transformation to fight inflation and overcome other challenges, Samsara executives said Thursday (June 2) during the company’s quarterly earnings call....

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