economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.
Wage Growth May Not Rescue Paycheck-to-Paycheck Economy
Wage Growth May Not Rescue Paycheck-to-Paycheck Economy
April 05, 2024  |  Consumer Insights

Wages are increasing.  The unemployment rate’s lower.  The U.S. economy added more jobs in March than had been expected. And yet, it all may not...

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Technology, Government, Financial Sectors Lead First-Quarter Job Cuts
Technology, Government, Financial Sectors Lead First-Quarter Job Cuts
April 04, 2024  |  Economy

The technology, government and financial sectors made the greatest number of job cuts during the first quarter. Across all industries, U.S. employers announced 257,254 job...

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Price-Conscious Consumers Open Door for POS Financing Options
Price-Conscious Consumers Open Door for POS Financing Options
April 04, 2024  |  Consumer Finance

As inflation persists, so does sticker shock. For merchants seeking to close the sale, financing offered at the point of sale — before the purchase...

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Shoppers Grow Cautious and Creative as Food Prices Climb
Shoppers Grow Cautious and Creative as Food Prices Climb
April 04, 2024  |  Economy

How far will $100 go at the supermarket? Not as far as in 2019. While food inflation has slowed in recent months, costs continue to climb at...

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ADP: Job Switchers See 10% Jump in Wages
ADP: Job Switchers See 10% Jump in Wages
April 03, 2024  |  Economy

ADP’s latest employment report shows a jump in raises for people switching jobs. While year-over-year pay increases last month for people who stayed at their...

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Shipt Sees Financial Pressure Driving Online Seasonal Sales
Shipt Sees Financial Pressure Driving Online Seasonal Sales
April 03, 2024  |  Retail

As economic pressures continue to constrain consumers’ spending power, Shipt is seeing on-demand delivery shoppers turn to deals and concentrate their engagement around peak times....

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VC Investors Face ‘Tough Math’ as Deal-Making Slows
VC Investors Face ‘Tough Math’ as Deal-Making Slows
April 03, 2024  |  Investments

Last year was the worst year for venture capital funding since 2016. So far, 2024 isn’t shaping up to be much better. Venture firms raised $30.4...

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Manufacturing Activity Climbs After 16-Month Contraction
Manufacturing Activity Climbs After 16-Month Contraction
April 01, 2024  |  Economy

Manufacturing activity in the United States rose in March for the first time in more than a year. The Institute for Supply Management’s monthly report on business,...

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Credit Card Delinquencies Climb as Consumers’ Savings Dip
Credit Card Delinquencies Climb as Consumers’ Savings Dip
April 01, 2024  |  Consumer Finance

While the average American consumer remains “credit healthy,” some trouble spots are apparent. The latest installment of VantageScore’s Credit Gauge shows delinquencies climbing across all...

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