economy

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

Inflation Reaches 7.5%, Breaking 40-Year Record

Inflation Reaches 7.5%, Breaking 40-Year Record
Inflation Reaches 7.5%, Breaking 40-Year Record
February 10, 2022  |  Economy

Consumer prices rose 7.5% over the past year, the highest rate of inflation since 1982, according to figures released Thursday (Feb. 10) by the U.S....

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PYMNTS Intelligence: 61% of the US Population Living Paycheck to Paycheck
PYMNTS Intelligence: 61% of the US Population Living Paycheck to Paycheck
February 09, 2022  |  Consumer Finance

A perfect storm of pandemic economic pressures is driving more working Americans to have to make ends meet between paychecks — a situation that isn’t improving...

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Wall Street Jitters Over Market Volatility Put IPOs on Ice
Wall Street Jitters Over Market Volatility Put IPOs on Ice
February 09, 2022  |  IPO

The once super-hot arena for initial public offerings (IPOs) is being put on ice as Wall Street jitters over market volatility send startups turning to...

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US Household Debt Increased $333B in Q4 of 2021
US Household Debt Increased $333B in Q4 of 2021
February 08, 2022  |  Debt

Total U.S. household debt increased 2.2%, or $333 billion, to $15.58 trillion in the fourth quarter of 2021, according to a Tuesday (Feb. 8) press...

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Consumers Facing “Airline Pricing” On Everyday Items
Consumers Facing “Airline Pricing” On Everyday Items
February 04, 2022  |  Retail

Rising labor, shipping and production costs — coupled with ongoing COVID-19-related shortages — have led retailers to raise prices on everyday items, often multiple times...

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Employers Add 467K Jobs Despite Omicron’s Shadow
Employers Add 467K Jobs Despite Omicron’s Shadow
February 04, 2022  |  Economy

Economists and analysts preparing for a gloomy jobs report got a surprise when payroll employment rose by 467,000 in January, and the unemployment rate was...

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Earnings Season Commentary Signals Pullback in Lower-Income Consumers’ Spending
Earnings Season Commentary Signals Pullback in Lower-Income Consumers’ Spending
February 03, 2022  |  Economy

Consumer spending — in particular, spending by lower income consumers — may be running out of gas. Get the Full Story Complete the form to...

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FinTech Upgrade Launches Product to Help Shoppers Reduce Inflation’s Sting
FinTech Upgrade Launches Product to Help Shoppers Reduce Inflation’s Sting
February 02, 2022  |  Credit Cards

FinTech Upgrade, offering consumer credit, mobile banking and payment products, is launching a new solution to help customers reduce the sting of inflation. Get the...

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