There were around 13 million defunct accounts that accidentally received stimulus check payments by the IRS, which the agency is now attempting to get to their right places, according to The New York Times on Sunday (Jan. 10). Get the Full Story Complete the form...
Almost four million Americans have been out of work for at least six months because of the pandemic, CNN reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Retail rents have plummeted to historic lows in New York City amid the COVID-19 pandemic, as bankruptcies and vacancies penetrated the area, CNBC reported on Friday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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The U.S. Bureau of Labor Statistics reported on Friday (Jan. 8) that the country lost 140,000 nonfarm jobs in December — putting an end to the employment gains that had accompanied months of improvement from the pandemic economic crash. Get the Full Story Complete the...
Economic activity in the services sector grew in December for the seventh month in a row, the Institute for Supply Management said in a Thursday (Jan. 7) press release. The trade association surveys the nation’s purchasing and supply executives in its Services ISM Report On Business. Get the Full...
U.K. market watchdog the Financial Conduct Authority (FCA) cautions that the results of its recent pandemic resiliency survey indicate some 4,000 companies doing business in the financial services sector lack resiliency and could collapse. Get the Full Story Complete the form to unlock this article and...
Initial jobless claims for the week that ended Jan. 2 dropped 3,000 from the previous week’s revised level, for a total of 787,000, according to the latest report from the U.S. Department of Labor (DOL) on Thursday (Jan. 7). Get the Full Story Complete the...
Bet on New York emerging a bit more flush from the pandemic. Soon, you might be able to bet on it…literally, online and through mobile means. (OK, actually, you’ll be able to be bet on sporting events that way.) Get the Full Story Complete the...
