U.S. consumer confidence has continued falling for the second month in a row due to inflation concerns as well as the persisting delta variant of COVID-19, according to a press release from The Conference Board regarding its Consumer Confidence Index. Get the Full Story Complete...
Estimated new jobless claims were 351,000 for the week ending Sept. 18, an increase of 16,000 over the previous week’s level, revised up by 3,000 to 335,000, according to the Thursday (Sept. 23) unemployment report from the Bureau of Labor Statistics. Get the Full Story...
Preliminary results in the University of Michigan’s monthly consumer sentiment survey shows the index dropping 11.7% (80.4 to 71.0) compared to the same time a year ago, but up about 1% from August (70.3), according to a university announcement on Friday (Sept. 17). Get the...
For the week ending Sept. 11, new jobless claims were up 20,000 to 332,000 from the previous week’s level, which was revised up by 2,000 to 312,000, according to the weekly report from the Bureau of Labor Statistics on Thursday (Sept. 16). Get the Full...
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As COVID-19 cases remain elevated, due in large part to the spread of the delta variant, restaurants are forced to respond both to changing local legislation and local attitudes, charting their own course. While much has been made of consumers’ response to vaccine mandates, nearly...
Restaurants have been putting the brakes on reopening their dining rooms due to the delta variant of COVID-19, which has thrown a wrench into recovery plans after over a year of coping with restrictions and consumer worries, The Wall Street Journal (WSJ) reported. Get the...
The U.K. has done away with its calls for vaccination proof, Bloomberg 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. yesSubscribe to our daily newsletter, PYMNTS Today....
New jobless claims for the week ending Sept. 4 dropped 35,000 to 310,000, the lowest level since March 14, 2020’s pre-pandemic rate of 256,000, the Bureau of Labor and Statistics reported on Thursday (Sept. 9). The week prior was revised up by 5,000 to 345,000....