The National Retail Federation (NRF) has revised its annual forecast for 2021, now saying retail sales are likely to grow between 10.5 percent and 13.5 percent, totaling over $4.44 trillion this year, according to a press release. Get the Full Story Complete the form to...
The U.S. saw a surge in the PC market as work-from-home continued in the first quarter of 2021, a Canalys study found, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The pandemic is ebbing, and the U.S. economy is — in lumpy fashion, to be sure — reigniting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Even though the U.S. economy is beginning to recover from the pandemic, some companies still aren’t paying suppliers on time, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
It may be time to retire the used car salesman jokes, at least for a while. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Many restaurant operators turned to apps or app-based delivery services to keep their kitchens busy during the pandemic. With eateries reopening, CNBC reported, restaurant operators have turned to apps to address what, in some places, has been the desperate pursuit of staff. Get the Full...
Total nonfarm payroll employment rose by 559,000 jobs in May, and the unemployment rate fell from 6.1 percent to 5.8 percent, according to a report from the Bureau of Labor Statistics (BLS) on Friday (June 4). The May increase beat April’s disappointing numbers, which saw an adjusted 278,000...
Employment in the private sector expanded by 978,000 in May, far surpassing April’s 654,000 with the biggest gain since June 2020, according to the ADP National Employment Report on Thursday (June 3). Overall, services were responsible for adding 850,000 jobs and goods-producing sectors gained 128,000...
New weekly jobless claims dropped again for the fifth consecutive week to a 14-month low of 385,000, a decrease of 20,000 for the week ending May 29, according to the weekly report from the U.S. Bureau of Labor Statistics (BLS) on Thursday (June 3). Get the...
