economy

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

Rent the Runway Preps for Surge in Weddings, Events, Back-to-Work Blazers

Rent the Runway Preps for Surge in Weddings, Events, Back-to-Work Blazers
Rent the Runway Preps for Surge in Weddings, Events, Back-to-Work Blazers
April 14, 2022  |  Retail

After doubling revenues and subscribers last quarter, the nation’s leading designer clothing rental platform is aiming to do so again, saying the surge in inflation,...

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Amazon Adds 5% Merchant Surcharge Citing Fuel Costs and Inflation
Amazon Adds 5% Merchant Surcharge Citing Fuel Costs and Inflation
April 13, 2022  |  Amazon

Amazon is blaming rising fuel costs and inflation for its decision to impose an average 5% surcharge on merchants to store and ship their products...

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JPMorgan Adds $1B+ to Loan Loss Reserves as Economic Threats Mount
JPMorgan Adds $1B+ to Loan Loss Reserves as Economic Threats Mount
April 13, 2022  |  Earnings

Consumer spending is fine. Card volumes are fine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Today in Data: Inflation Is Affecting Everything
Today in Data: Inflation Is Affecting Everything
April 13, 2022  |  Today In Data

Today in data, retailers are hoping inflation has peaked. Also, inflation continued to climb in February, and the Main Street Index shows more increases but...

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Banks’ Earnings May Show Days of Double-Digit Card Spend Growth Are Over
Banks’ Earnings May Show Days of Double-Digit Card Spend Growth Are Over
April 12, 2022  |  Banking

Earnings season comes like clockwork. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Today in Retail: Albertsons Digital Sales Growth Slows to 5%; CarMax Falls Short of Earnings Estimate
Today in Retail: Albertsons Digital Sales Growth Slows to 5%; CarMax Falls Short of Earnings...
April 12, 2022  |  Retail

Today in retail, Albertsons digital sales growth slows, while CarMax fails to reach earnings estimates. Plus, Sephora’s chief technology officer looks forward to the “checkout...

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Inflation’s Torrid Rise Hammers Lower Income Consumers, Payments Firms Dependent on Them
Inflation’s Torrid Rise Hammers Lower Income Consumers, Payments Firms Dependent on Them
April 12, 2022  |  Economy

The latest inflation data, showing a relentless rise, does not bode well for lower income consumers. Get the Full Story Complete the form to unlock...

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Main Street Business Index Shows America’s SMBs Bouncing Back From Pandemic
Main Street Business Index Shows America’s SMBs Bouncing Back From Pandemic
April 12, 2022  |  Economy

The pandemic fog of war is lifting, and with it the prospects for business recovery in America’s downtown districts as new data points to strong...

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