economy

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

Unemployment Claims Rise by 18,000, Higher Than Economists’ Forecasts

Unemployment Claims Rise by 18,000, Higher Than Economists’ Forecasts
Unemployment Claims Rise by 18,000, Higher Than Economists’ Forecasts
May 01, 2025  |  Economy

The number of initial claims for unemployment insurance in the United States rose by 18,000 during the week ended Saturday (April 26), the Department of...

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Microsoft Raises Xbox Prices, Citing ‘Market Conditions’
Microsoft Raises Xbox Prices, Citing ‘Market Conditions’
May 01, 2025  |  Economy

Microsoft raised the recommended retailer pricing for its Xbox consoles and controllers worldwide, effective Thursday (May 1), and said it expects to raise the price...

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Mastercard Move Transactions Grow 35%, CEO Says Consumer Spending ‘Solid’
Mastercard Move Transactions Grow 35%, CEO Says Consumer Spending ‘Solid’
May 01, 2025  |  Earnings

Contactless payments continue to be a preferred method for consumers, Mastercard’s latest quarterly results showed, while debit and credit spending remained intact despite cardholders’ worries...

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VC Funding for Retail FinTech Market Drops 38% Amid Tariff Concerns
VC Funding for Retail FinTech Market Drops 38% Amid Tariff Concerns
May 01, 2025  |  Fintech Investments

Venture capital (VC) funding for the retail FinTech market dropped 37.8% in the first quarter compared to the previous quarter, PitchBook said in a report...

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Why Real-Time Payments Are Less About Timing and More About Trust
Why Real-Time Payments Are Less About Timing and More About Trust
May 01, 2025  |  Real-Time Payments

For banks seeking to lure and keep small- to medium-sized business (SMB) clients, real-time payments can become big business. Get the Full Story Complete the...

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Group of 30: Federal Reserve Should Focus on Inflation Target
Group of 30: Federal Reserve Should Focus on Inflation Target
April 30, 2025  |  Economy

Group of 30, an independent global consultative group, said Wednesday (April 30) that the Federal Reserve should focus on its 2% inflation target, prioritizing that...

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Etsy Focuses on Personalization Amid ‘Highly Fluid’ Trade Situation
Etsy Focuses on Personalization Amid ‘Highly Fluid’ Trade Situation
April 30, 2025  |  Earnings

Etsy is focusing on personalization efforts amid what its CEO calls a “challenging” macroeconomic environment. Get the Full Story Complete the form to unlock this...

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GDP Q1 2025: Consumer Spending’s Not Enough to Help Avoid Economy’s Contraction
GDP Q1 2025: Consumer Spending’s Not Enough to Help Avoid Economy’s Contraction
April 30, 2025  |  Economy

Consumer spending, the chief engine of economic growth, was not enough to stop an overall pullback in U.S. gross domestic product (GDP). And with evidence...

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