economy

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

Strong Stock Market, Savings Boost Global Financial Wealth To Record $250 Trillion In 2020

Strong Stock Market, Savings Boost Global Financial Wealth To Record $250 Trillion In 2020
Strong Stock Market, Savings Boost Global Financial Wealth To Record $250 Trillion In 2020
June 10, 2021  |  Cross-border Payments

The pandemic didn’t hamper the rise of global wealth, a new report by Boston Consulting Group (BCG) found, according to a press release. Get the...

READ MORE >
Chipotle Is Cautious But Candid About Price Increases
Chipotle Is Cautious But Candid About Price Increases
June 10, 2021  |  ResTech

Even the price of burritos has to keep up with the needs of the time, it seems. That’s the reality as this week comes to...

READ MORE >
Fed Data Shows Household Worth Up To $136.9 Trillion, Debt Climbs 6.5 Pct In Q1
Fed Data Shows Household Worth Up To $136.9 Trillion, Debt Climbs 6.5 Pct In Q1
June 10, 2021  |  Economy

The net worth of households and nonprofits grew to $136.9 trillion for the first quarter of this year, according to a statistical release from the...

READ MORE >
Today In Retail: Faire’s Fundraise Increases Valuation To $7 Billion; Hims & Hers Appoints Miley Cyrus As A Creative Advisor
Today In Retail: Faire’s Fundraise Increases Valuation To $7 Billion; Hims & Hers Appoints Miley...
June 10, 2021  |  Retail

In today’s top retail news, Faire has landed $260 million in funding headed up by Sequoia Capital, while Miley Cyrus has become a creative advisor...

READ MORE >
Consumer Price Index Surges 5 Pct, Beating Forecasts
Consumer Price Index Surges 5 Pct, Beating Forecasts
June 10, 2021  |  Economy

The U.S. Consumer Price Index (CPI) surged 5 percent year over year in May, the fastest pace since August 2008 and higher than Wall Street...

READ MORE >
Initial Unemployment Claims Fall For Sixth Consecutive Week
Initial Unemployment Claims Fall For Sixth Consecutive Week
June 10, 2021  |  Economy

New jobless claims in the week ending June 5 dropped again — the sixth time in a row — coming in at 376,000, a decrease...

READ MORE >
SMB Hiring Headaches Crimp Confidence, Offset Gains From Tech And Digitization
SMB Hiring Headaches Crimp Confidence, Offset Gains From Tech And Digitization
June 09, 2021  |  SMBs

The hassle of hiring new workers has stalled a year-long advance in small business confidence, new data shows, casting a cloud of doubt over one...

READ MORE >
NRF: US Consumers Expected To Propel Retail Sales To Over $4.44 Trillion In 2021
NRF: US Consumers Expected To Propel Retail Sales To Over $4.44 Trillion In 2021
June 09, 2021  |  Economy

The National Retail Federation (NRF) has revised its annual forecast for 2021, now saying retail sales are likely to grow between 10.5 percent and 13.5...

READ MORE >