economy

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

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
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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Today in Crypto: Goldman Says Crypto Crash Won’t Seriously Damage US Economy
Today in Crypto: Goldman Says Crypto Crash Won’t Seriously Damage US Economy
May 22, 2022  |  Cryptocurrency

A Goldman Sachs report has said the fall in crypto prices because of recent turmoil likely won’t impact the U.S. economy that much. Get the...

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