economy

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

Report: New Auto Tariffs Could Impact Consumer Spending Across Economy
Report: New Auto Tariffs Could Impact Consumer Spending Across Economy
March 31, 2025  |  Economy

New U.S. tariffs on automobiles and auto parts reportedly may lead to a reduction of consumer purchasing power and spending across the economy. The effect...

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‘Buy Canadian’ Movement Puts Pressure on US Consumer Goods Firms
‘Buy Canadian’ Movement Puts Pressure on US Consumer Goods Firms
March 31, 2025  |  Retail

America’s relationship with Canada is causing pain for companies on this side of the border. As Reuters reported Monday (March 31), a growing “Buy Canadian” movement is...

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Cryptocurrencies and Crypto-Linked Stocks Slump Amid Traders’ Concerns About Economy
Cryptocurrencies and Crypto-Linked Stocks Slump Amid Traders’ Concerns About Economy
March 31, 2025  |  Cryptocurrency

Cryptocurrencies and crypto-linked stocks have reportedly slumped alongside the S&P 500 Index amid traders’ concerns about a global trade war and a possible recession. Bitcoin...

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Lululemon Offers New Products and Events to Draw ‘Cautious Consumer’
Lululemon Offers New Products and Events to Draw ‘Cautious Consumer’
March 28, 2025  |  Earnings

Lululemon Athletica is focusing on new products and community events to draw customers at a time when many are concerned about inflation and the economy....

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GameStop to Close ‘Significant Number’ of Stores in Cost-Cutting Effort
GameStop to Close ‘Significant Number’ of Stores in Cost-Cutting Effort
March 28, 2025  |  Retail

GameStop said it expects to close a “significant number” of stores in fiscal 2025 after closing 970 stores in fiscal 2024. The plan is part...

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Inflation’s Up and Sentiment’s Down as Consumers Pad Their Savings
Inflation’s Up and Sentiment’s Down as Consumers Pad Their Savings
March 28, 2025  |  Economy

The push and pull of various pressures — inflation, tariffs and worries about the general state of affairs — has shown up in several economic...

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CoreWeave IPO Signals Issues With Microsoft-Centric Business Model
CoreWeave IPO Signals Issues With Microsoft-Centric Business Model
March 28, 2025  |  IPO

CoreWeave’s downsizing of its initial public offering (IPO) reportedly signals a cooling of investor enthusiasm for artificial intelligence IPOs and for IPOs in general. The...

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CBO Says Debt Limit Change Probably Needed by August or September
CBO Says Debt Limit Change Probably Needed by August or September
March 26, 2025  |  Debt

The Congressional Budget Office (CBO) said Wednesday (March 26) that if the debt limit is not raised or suspended, the government’s ability to borrow will...

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UPS Rolls Out Tool to Help Shoppers Avoid Surprise Tariffs
UPS Rolls Out Tool to Help Shoppers Avoid Surprise Tariffs
March 26, 2025  |  Shipping

UPS is debuting a tool to help online shoppers view the added cost of tariffs. UPS Global Checkout is designed to ease international trade as...

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