economy

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

Retailers Turn To AI To Cope With Inflation

Retailers Turn To AI To Cope With Inflation
Retailers Turn To AI To Cope With Inflation
July 01, 2021  |  Retail

With consumer demand quickly recovering post-pandemic and supply chains still tangled, inflation is on the rise, pushing costs up even as retailers attempt to compete...

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New Jobless Claims Hit Lowest Level Since Pandemic Began
New Jobless Claims Hit Lowest Level Since Pandemic Began
July 01, 2021  |  Economy

Initial jobless claims for the week ending June 26 dropped 51,000 to 364,000 from the previous week’s level, which was revised up to 415,000, according...

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UN Study Shows Int’l Travel Stuck At 1980s Levels; Recovery Forecast Suggests Long Way To Go
UN Study Shows Int’l Travel Stuck At 1980s Levels; Recovery Forecast Suggests Long Way To...
June 30, 2021  |  Travel Payments

While the pace of recovery in the U.S. has been relatively swift as COVID-19 vaccines have reached the public quickly, the global pace of recovery...

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ADP: 692K New Jobs Added From May To June
ADP: 692K New Jobs Added From May To June
June 30, 2021  |  Economy

The U.S. economy has added some three million jobs in the private sector since the start of 2021, including 692,000 new positions this month, according...

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Appetite For Luxury Prompts Forecast Boost By Versace Parent
Appetite For Luxury Prompts Forecast Boost By Versace Parent
June 29, 2021  |  Retail

The post-pandemic appetite for luxury goods has prompted Capri Holdings — parent to Michael Kors, Versace and Jimmy Choo — to increase its profit and...

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June US Consumer Confidence Up For Fifth Consecutive Month
June US Consumer Confidence Up For Fifth Consecutive Month
June 29, 2021  |  Economy

The Conference Board Consumer Confidence Index went up in June, reaching its highest level since the COVID-19 pandemic took hold in March 2020, marking the...

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Seller’s Market For Autos Pumps Up Sales Above Sticker Prices
Seller’s Market For Autos Pumps Up Sales Above Sticker Prices
June 29, 2021  |  Retail

In the post-pandemic economy, prices of used cars have been rising. In part that’s due to commuters fearful of COVID-19 looking to stay away from...

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Home Equity Hits Record $8.1T For US Owners
Home Equity Hits Record $8.1T For US Owners
June 27, 2021  |  Real Estate

U.S. homeowners have a staggering $8.1 trillion in untapped equity in their properties, according to data service Black Knight Inc., but despite all that equity...

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