economy

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

AI and Cost-Cutting Lead to 175% Yearly Jump in Layoffs

AI and Cost-Cutting Lead to 175% Yearly Jump in Layoffs
AI and Cost-Cutting Lead to 175% Yearly Jump in Layoffs
November 06, 2025  |  Economy

Artificial intelligence (AI) and cost-reduction caused American employers to cut 153,074 jobs last month. Get the Full Story Complete the form to unlock this article...

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Amazon, Target and Walmart Raised Prices in Response to Tariffs
Amazon, Target and Walmart Raised Prices in Response to Tariffs
November 05, 2025  |  retail

Amazon has reportedly raised prices more than Target and Walmart this year, possibly due to the impact of tariffs on the platform’s marketplace sellers. Get...

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Private Sector Added 42,000 Jobs in October, Reversing September’s Losses
Private Sector Added 42,000 Jobs in October, Reversing September’s Losses
November 05, 2025  |  Economy

The private sector added 42,000 jobs in October, with the trade, transportation and utilities industry leading the way, ADP said Wednesday (Nov. 5). Get the...

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Earnings Reports Show a Split Economy as Lower-Income Wallets Tighten
Earnings Reports Show a Split Economy as Lower-Income Wallets Tighten
November 03, 2025  |  Economy

On the surface, consumer spending has proved durable as headline retail sales and credit data remain solid. Yet beneath those numbers, a different current is...

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Fast-Casual Restaurant CEOs Say Kids Are Cutting Discretionary Spending
Fast-Casual Restaurant CEOs Say Kids Are Cutting Discretionary Spending
October 30, 2025  |  Consumer Finance

Younger consumers are reportedly cutting down on their trips to restaurants due to the challenges they face in the labor market. Get the Full Story...

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US Chamber Says Government Shutdown Costs Contractors $3 Billion a Week
US Chamber Says Government Shutdown Costs Contractors $3 Billion a Week
October 30, 2025  |  Economy

The government shutdown is putting at risk $3 billion a week that would have been earned by 65,500 small business contractors, the U.S. Chamber of...

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CBO Says Government Shutdown Has Reduced Real GDP by $7 Billion
CBO Says Government Shutdown Has Reduced Real GDP by $7 Billion
October 29, 2025  |  Economy

The Congressional Budget Office said Wednesday (Oct. 29) that the government shutdown could reduce real gross domestic product by between $7 billion and $14 billion,...

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Consumer Confidence Slips as Lower-Income Households Feel Strained
Consumer Confidence Slips as Lower-Income Households Feel Strained
October 28, 2025  |  Economy

Consumer confidence edged down in October as the outlook among Americans grew more cautious heading into the year’s final months. The latest Conference Board Consumer...

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Consumers Stay Resilient as Inflation Pushes Shelter and Food Prices Higher
Consumers Stay Resilient as Inflation Pushes Shelter and Food Prices Higher
October 24, 2025  |  Economy

The first inflation data since the start of the October government shutdown offered the clearest signal in weeks on how prices continue to shape household...

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