New jobless claims dropped to a new pandemic-era low, coming in at 348,000 for the week ending Aug. 14, a drop of 29,000 from the previous report, according to the latest figures from the Bureau of Labor Statistics (BLS) on Thursday (Aug. 19). Get the...
“If it be not now, yet it will come — the readiness is all,” wrote the Bard. And when it comes to the pandemic, the seemingly interminable waves of infections and variants, it seems like the only certainty we have is … waiting. Get the Full...
Businesses are opting to hold on to their money as spending spree hopes wane amid the quick-spreading Delta variant of COVID-19, the Wall Sreet Journal (WSJ) reported on Tuesday (Aug. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
For a few months in late spring and early summer, the future was looking bright for restaurants. Newly vaccinated consumers were coming back for indoor dining, even as digital sales remained elevated. Yelp recorded record-high seatings, and restaurant spending was increasing each month. Get the...
Global supply chains, especially in Asia, are taking a beating from the new surge of COVID-19 infections caused by the delta variant, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The U.S. Department of the Treasury and the Internal Revenue Service on Friday (Aug. 13) paid more than $15 billion to families for the almost 61 million children eligible for the expanded Child Tax Credit from the American Rescue Plan. Get the Full Story Complete...
Employers are asking applicants to be vaccinated against the coronavirus as a condition of their being hired in increasing numbers, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Pfizer and Moderna could make billions of dollars from COVID-19 booster shots, earnings comparable to the $6 billion generated each year in flu vaccine sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Brett White, CEO of commercial real estate brokerage firm Cushman & Wakefield, says he has optimism in the office market, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
