economy

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

For Baby Boomers, It’s Still All About Retirement
For Baby Boomers, It’s Still All About Retirement
August 07, 2025  |  Consumer Finance

Among the varying financial behaviors observed across generations, baby boomers stand out as the sole demographic where proactive financial planners constitute a majority, marking a...

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Claire’s Declares Second Bankruptcy Amid Brick-and-Mortar Shopping Drop
Claire’s Declares Second Bankruptcy Amid Brick-and-Mortar Shopping Drop
August 06, 2025  |  Retail

Kid-friendly accessories retailer Claire’s is declaring bankruptcy for the second time in seven years. The long-time mall staple said in a Wednesday (Aug. 6) press...

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Economic Whiplash Pushes Mid-Sized Firms to Play Defense
Economic Whiplash Pushes Mid-Sized Firms to Play Defense
August 06, 2025  |  Business

For a certain kind of business, uncertainty isn’t an abstraction. For these businesses, including the mid-sized manufacturer, the regional supplier, the scaled consumer goods firm,...

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Household Debt Rises to $18.39 Trillion as Auto, Mortgage Originations Tick Up
Household Debt Rises to $18.39 Trillion as Auto, Mortgage Originations Tick Up
August 05, 2025  |  Consumer Finance

U.S. household debt increased by $185 billion in Q2 2025, reaching a record $18.39 trillion, according to the Federal Reserve Bank of New York.  Mortgage...

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ARM’d and Dangerous: How Adjustable Rate Mortgages Are Bleeding Millions of Americans Dry
ARM’d and Dangerous: How Adjustable Rate Mortgages Are Bleeding Millions of Americans Dry
August 05, 2025  |  Real Estate

For millions of Americans, the biggest threat to their personal finances and spending routines isn’t tariffs. It’s their mortgages. Many homebuyers jumped at the chance...

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Simon Property Keeps Betting on Premium Locations as Retail Occupancies Rise
Simon Property Keeps Betting on Premium Locations as Retail Occupancies Rise
August 04, 2025  |  Earnings

In a commercial real estate environment still grappling with inflationary pressures, evolving consumer behavior and global economic uncertainty, observers would be forgiven for embracing prevailing...

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Earnings Season Shows Consumer Spending Bucking a Cautious Outlook
Earnings Season Shows Consumer Spending Bucking a Cautious Outlook
August 04, 2025  |  Economy

There’s a prevailing sense of caution, a consumer mood that can even be called gloomy. But thus far into earnings season, a bit less than...

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US Workers See Wage Growth Slow With Lowest-Paid Hit Hardest
US Workers See Wage Growth Slow With Lowest-Paid Hit Hardest
August 03, 2025  |  Economy

American workers are seeing widespread slowing in wages, though some are suffering more than others. Wage growth for the lowest-paid quarter of workers — people...

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Tariffs Drive Wedge Between Small Business and Big Tech
Tariffs Drive Wedge Between Small Business and Big Tech
August 03, 2025  |  SMBs

It was a strong quarter for America’s biggest companies — less so for many under-the-radar firms. That’s according to a report Saturday (Aug. 2) by...

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