economy

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

Jobless Claims Rise Amid Typical Seasonal Volatility
Jobless Claims Rise Amid Typical Seasonal Volatility
December 05, 2024  |  Economy

Jobless claims reportedly rose last week, though media reports suggested that the rise was due to the volatility in data that is typically seen around holidays....

READ MORE >
Fed Beige Book: Slight Economic Growth, Rising Business Optimism
Fed Beige Book: Slight Economic Growth, Rising Business Optimism
December 04, 2024  |  Economy

PYMNTS Intelligence, through the last several months, has taken stock of where consumers are spending, and how they contend with inflation. Among their strategies has...

READ MORE >
Dollar Tree Faces Tightening Consumer Wallets as Multi-Price Strategy Gains Traction
Dollar Tree Faces Tightening Consumer Wallets as Multi-Price Strategy Gains Traction
December 04, 2024  |  Earnings

Shopper discretionary spending trends are impacting Family Dollar parent company Dollar Tree, as paycheck-to-paycheck consumers continue to feel squeezed in an uncertain economy. Dollar Tree, which operates...

READ MORE >
Deutsche Bank CEO: Germany Needs ‘Structural Reforms’ to Boost Economic Growth
Deutsche Bank CEO: Germany Needs ‘Structural Reforms’ to Boost Economic Growth
December 04, 2024  |  Banking

Deutsche Bank CEO Christian Sewing said Wednesday that German businesses need less regulation, a more competitive corporate tax structure and greater certainty on energy prices....

READ MORE >
Beyond the Numbers: Decoding the JOLT Report’s Impact on Consumer Spending
Beyond the Numbers: Decoding the JOLT Report’s Impact on Consumer Spending
December 03, 2024  |  Economy

Earlier this year, PYMNTS Intelligence found that only a minority of workers surveyed — at 20% — said that it was “very or extremely” likely...

READ MORE >
UK Retailers See ‘Bad Start to the Festive Season’
UK Retailers See ‘Bad Start to the Festive Season’
December 03, 2024  |  Retail

British retail sales weakened in November, a trend driven by the timing of Black Friday. Sales volumes fell by 3.3% last month, the lowest reading since April,...

READ MORE >
Treasurers Step Into Spotlight as Strategic Backbone of 21st Century Businesses
Treasurers Step Into Spotlight as Strategic Backbone of 21st Century Businesses
December 02, 2024  |  B2B Payments

In the corridors of power that govern corporate strategy, treasurers have long worked in relative obscurity. Their desks are often buried in spreadsheets, their emails...

READ MORE >
Bank of England Seeks Ability to Lend to Non-Bank Financial Institutions
Bank of England Seeks Ability to Lend to Non-Bank Financial Institutions
November 29, 2024  |  Economy

The Bank of England aims to develop the ability to lend to non-bank financial institutions (NBFIs). It is doing so to address potential liquidity challenges in...

READ MORE >
October’s Surprise: Inflation Heats Up While GDP Cools Down
October’s Surprise: Inflation Heats Up While GDP Cools Down
November 27, 2024  |  Economy

The Personal Consumption Expenditures Price Index for October showed a re-ignition of inflation. The PCE increased at an annualized 2.3% rate, which is a quickening...

READ MORE >