economy

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

Snap Says Hiring, Spending Will Slow After Issuing Profit Warning

Snap Says Hiring, Spending Will Slow After Issuing Profit Warning
Snap Says Hiring, Spending Will Slow After Issuing Profit Warning
May 24, 2022  |  Economy

Snap has issued a profit warning, saying it will cut back on hiring and spending, part of a larger trend of social media companies struggling...

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The Data Point: 33% of Paycheck-to-Paycheck Consumers Are Less Likely to Be Using Credit
The Data Point: 33% of Paycheck-to-Paycheck Consumers Are Less Likely to Be Using Credit
May 24, 2022  |  Consumer Finance

Revelations around the extent of paycheck-to-paycheck living are an eye-opener, with high-earners and strong credit scores living one experience, and those earning less or struggling...

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JPMorgan Expects Credit Losses to Stay Low Through ’23
JPMorgan Expects Credit Losses to Stay Low Through ’23
May 23, 2022  |  Banking

Fears of a recession have landed the markets in hot water, though JPMorgan doesn’t think there’s much cause to worry, The Wall Street Journal (WSJ)...

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Klarna to Cut About 700 Jobs Due to Inflation, War
Klarna to Cut About 700 Jobs Due to Inflation, War
May 23, 2022  |  Economy

Swedish buy now, pay later (BNPL) FinTech Klarna will lay off about 10% of its staff due to the effects of inflation and the Russia-Ukraine...

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Today in Retail: GameStop Launches Digital Asset Wallet for Jump Into Crypto, NFTs
Today in Retail: GameStop Launches Digital Asset Wallet for Jump Into Crypto, NFTs
May 23, 2022  |  Retail

Today in retail, GameStop rolls out a digital wallet as it gets into cryptocurrency and non-fungible tokens (NFTs). Plus, Wantable lets consumers choose when they...

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Paycheck-to-Paycheck Consumers Could Put Brakes on Replacing Their Aging Rides
Paycheck-to-Paycheck Consumers Could Put Brakes on Replacing Their Aging Rides
May 23, 2022  |  Economy

The fundamental principle of economics, of business in general, boils down to matching supply with demand. Get the Full Story Complete the form to unlock...

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Retailers Seek New Supply Chain Efficiencies to Offset Soaring Diesel
Retailers Seek New Supply Chain Efficiencies to Offset Soaring Diesel
May 23, 2022  |  Retail

If you think the $100 hit from filling your tank with gasoline is bad, imagine how truck drivers and fleet operators feel when they face...

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Retail Response to Recession Already Happening — Months Before Official Declaration
Retail Response to Recession Already Happening — Months Before Official Declaration
May 23, 2022  |  Retail

Recessions are peculiar beasts. They’re both natural and normal, yet dreaded and inevitable. Get the Full Story Complete the form to unlock this article and...

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