economy

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

UK’s FCA Aims to Support Competitiveness of Financial Services Sector
UK’s FCA Aims to Support Competitiveness of Financial Services Sector
November 25, 2024  |  Regulation

The United Kingdom’s Financial Conduct Authority (FCA) has launched an economic research competition that will award four winners up to 30,000 pounds (about $37,726) to...

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Retailers Take Note: Consumers Say There Are Too Many Deals
Retailers Take Note: Consumers Say There Are Too Many Deals
November 25, 2024  |  Consumer Insights

Through the past few years, consumers in the United States, have collectively seemed to be an unstoppable force. They have spent through inflationary times, geopolitical...

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Report: Trump Tariffs Could Cost Consumers $78 Billion Per Year
Report: Trump Tariffs Could Cost Consumers $78 Billion Per Year
November 24, 2024  |  Economy

Recent research shows that President-elect Donald Trump’s tariff proposals could cost American consumers. A report earlier this month from the National Retail Federation (NRF) showed...

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Leading Indicators: Bumpy Holiday Season for Consumers, and Maybe B2B Too?
Leading Indicators: Bumpy Holiday Season for Consumers, and Maybe B2B Too?
November 22, 2024  |  Economy

This week, PYMNTS Intelligence noted the appeal of paying over time — especially now, headed into the holiday shopping season, which starts, well, now. Our...

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Exclusive: BNPL, Mobile Banking Embraced by Low-Income Consumers
Exclusive: BNPL, Mobile Banking Embraced by Low-Income Consumers
November 22, 2024  |  Consumer Insights

PYMNTS Intelligence’s long-standing chronicling of the paycheck-to-paycheck economy has revealed shifts in how consumers conduct their daily financial lives and pay. Given that the paycheck-to-paycheck...

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Fewer Americans File for Unemployment, but More Remain Unemployed
Fewer Americans File for Unemployment, but More Remain Unemployed
November 21, 2024  |  Economy

Fewer Americans are filing for unemployment benefits, but more are remaining unemployed after filing, the Department of Labor (DOL) said Thursday (Nov. 21). The number...

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Target CEO Says Consumer Budgets Are Being ‘Stretched’
Target CEO Says Consumer Budgets Are Being ‘Stretched’
November 20, 2024  |  Earnings

As economic uncertainty and rising costs continue to impact consumers, shoppers are more cautious with their spending, according to Target CEO Brian Cornell. Faced with...

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Credit Crunch Crushes Dreams: Millions Face Loan Rejections, NY Fed Reports
Credit Crunch Crushes Dreams: Millions Face Loan Rejections, NY Fed Reports
November 20, 2024  |  Debt

Credit is getting harder to come by, especially for auto loans, mortgages and those with low credit scores. Amid an environment where lenders are tightening,...

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eCommerce Growth Outpaces General Retail Sales, Hits 15.6%
eCommerce Growth Outpaces General Retail Sales, Hits 15.6%
November 19, 2024  |  eCommerce

Digital continued to take a larger slice of retail spending in the third quarter of 2024. However, a slowing pace of overall spending may send...

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