The World Health Organization sounded a hopeful-yet-cautious note this week on the omicron variant of the COVID-19 pandemic. 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...
It’s Omicron’s turn to capsize buoyant predictions and plans of recent months — or is it? 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...
Inflation in the U.S. is at a 39-year high, with the consumer price index (CPI) up 6.8% in November over the previous month in 2020, as consumer demand remains high for goods amid continuing supply chain snarls. Get the Full Story Complete the form to...
Initial unemployment filings fell to 184,000 in the week ended Dec. 4, a decrease of 43,000 from the prior week’s upwardly revised level. This is the lowest level for new jobless claims since Sept. 6, 1969, when it was 182,000, according to the weekly report...
Nineteen months into the COVID era, and the nation’s economic recovery continues to produce a mixed set of record results that are as complex as they are conflicting. With terms such as exceptional, resilient, inconsistent and insecure sharing the same space within PYMNTS’ latest Main...
Job growth slowed in November, posting the smallest increase this year with 210,000 jobs added after October’s upwardly revised 546,000 new positions, the Bureau of Labor Statistics reported on Friday (Dec. 3). Get the Full Story Complete the form to unlock this article and enjoy...
With the arrival of the Omicron variant of COVID-19, growth prospects around the world could be in jeopardy, according to updates from rating agencies Fitch Ratings and Moody’s Investors Service on Monday (Nov. 29). Get the Full Story Complete the form to unlock this article...
Inflation and a rise in new COVID-19 cases has led to a drop in consumer confidence in the European Union, the European Commission reported Monday (Nov. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The U.S. is moving to restrict travel from several African countries, including all of South Africa, to try and curb the spread of the recently-discovered omicron variant of the coronavirus, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock...