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USA Economy News

Economy News USA Economy News 

Walmart Sounds Alarm as Consumers Feel the Pinch of Inflation

February 21, 2023 Liam 0 Comments

Walmart posted impressive sales and profits for the last quarter, exceeding analysts’ expectations. However, the retail giant warned that the

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U.S. Economy Experiences Decrease in Spending and Rising Prices
Global Economy USA Economy News 

U.S. Economy Experiences Decrease in Spending and Rising Prices

January 27, 2023 Noah

The U.S. economy is showing signs of reversing its trend of rising consumer spending and prices. According to the Commerce

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Federal Reserve's Preferred Inflation Index Slows Down
USA Economy News 

Federal Reserve’s Preferred Inflation Index Slows Down

January 27, 2023 Noah 0 Comments

The Federal Reserve’s inflation index saw a rise of 5% over the course of the year, ending in December, indicating

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bed-bath-beyond-faces-default-notice-from-jpmorgan
USA Economy News 

Bed Bath & Beyond faces default notice from JPMorgan

January 27, 2023January 27, 2023 Liam 0 Comments

JPMorgan has issued a notice of default to Bed Bath & Beyond, as the US home goods retailer struggles to

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U.S economy sees Q4 growth but experts predict recession
USA Economy News 

U.S economy sees Q4 growth, but experts predict recession

January 26, 2023 Noah 0 Comments

Economists will closely examine Thursday’s report on the U.S. gross domestic product for indications of the consumer’s strength or weakness

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Justice Department Sues to Break Up Google's Advertising Empire
Global Economy USA Economy News 

Justice Department Sues to Break Up Google’s Advertising Empire

January 24, 2023January 24, 2023 Noah 0 Comments

The U.S. Department of Justice and a coalition of eight states launched an antitrust suit against Google on Tuesday, demanding

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Morgan Stanley Issues Warning of Imminent Earnings Recession
USA Economy News 

Morgan Stanley Issues Warning of Imminent Earnings Recession

January 24, 2023January 24, 2023 Noah 0 Comments

Morgan Stanley issues warning of imminent earnings recession and Potential Stock Market Dip. As companies begin to report their earnings,

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Spotify Trims 6% of Workforce in Latest Round of Layoffs
USA Economy News 

Spotify Trims 6% of Workforce in Latest Round of Layoffs

January 23, 2023January 23, 2023 Noah 0 Comments

On Monday, Spotify Technology SA announced that it will be reducing its workforce by 6% and incurring a charge of

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More homes for sale in the DC region despite limited inventory
USA Economy News 

More Homes For Sale in The DC Region Despite Limited Inventory

January 23, 2023January 23, 2023 Noah 0 Comments

The region is currently experiencing a 31% increase in active listings compared to last year, which would typically be a

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U.S. economy
USA Economy News 

Is the U.S. Economy Heading for a Recession?

January 19, 2023January 19, 2023 Noah 0 Comments

WASHINGTON, Jan 19 – Retail sales in the United States experienced a significant drop in December, the largest decline in

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US economy
USA Economy News 

Rising Businesses in US Facing Economic Slowdown

January 15, 2023January 15, 2023 Noah 0 Comments

Due to the COVID-19 pandemic, there has been a sharp rise in the number of applications to launch new enterprises.

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Tesla china production cuts
China Economy News Technology USA Economy News 

Tesla China shipments declined due to production cuts

January 5, 2023January 5, 2023 Noah 0 Comments

This takes the total number of electric vehicles (EVs) produced by Tesla in China for 2022 to 710,865, or around

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