The Delta variant heralds a new wave of restrictions, which may not bode well for companies (and stocks) that have been moving toward reopening as vaccinations have surged, too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
People are still spending money on non-essentials, with Visa’s U.S. Spending Momentum Index (SMI) up 0.8 points over June to reach 112.5. When the SMI exceeds 100, that signals that consumer spending is growing year over year. Get the Full Story Complete the form to...
The number of businesses in the U.K. that closed in Q2 was the highest since 2017 as the number hit 105,455, according to a report from the Office of National Statistics. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
There was a bit of quiet before the Delta variant stormed, a few months when people ditched masks, filled stadiums and mingled with friends for indoor dining and shopping. Offices nationwide started planning September back-to-the-office dates to align with back-to-school. Life was heading back toward...
All manner of businesses across the United States are again requiring that customers wear masks, the Associated Press reports. 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...
The rise of the COVID-19 Delta variant has shuttered factories in Vietnam, which Financial Times (FT) writes has had adverse effects for global brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In the face of consistently climbing COVID-19 infections due to the highly contagious Delta variant, United Airlines has announced it will require its 68,000 workers to be vaccinated this fall, marking the first such move by a major airline. Get the Full Story Complete the...
Of the 943,000 jobs added in July, more than 40 percent were in the leisure and hospitality sector, with 380,000 new positions, according to the Friday (Aug. 6) Economic Situation Summary report released by the Bureau of Labor Statistics (BLS). Get the Full Story Complete...
Amazon corporate employees will wait a few more months to return to their offices, after the company announced it will push it back until at least Jan. 3, 2022, after previously targeting September. Get the Full Story Complete the form to unlock this article and...