The Conference Board’s Consumer Confidence Index declined for the second month in a row, dropping from 91.7 in July to a current reading at 84.8, according to a Tuesday (Aug. 25) press release. Get the Full Story Complete the form to unlock this article and...
Almost a third of renters in single-family or small multifamily properties couldn’t make their August rent, according to CNBC, citing a survey by Avail, a tech and marketing platform for small landlords. Get the Full Story Complete the form to unlock this article and enjoy...
The new report from the National Association of Business Economists (NABE) finds respondents to the August 2020 NABE Economic Policy Survey think the U.S. economy has been in a recession since February and will likely continue to be so for the next few years. Get...
Nearly half of the nation’s states have been given the green light to issue $300 in federal weekly jobless benefits to help replace lost wages for Americans who are unemployed due to COVID-19, according to a list from the Federal Emergency Management Agency (FEMA). Get...
Staggered reopenings. Tourism booms that might prove temporary. Each U.S. business vertical hard-hit by the pandemic has been impacted in different ways. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? Get the Full Story Complete the form to unlock this article...
Despite predictions that the number of Americans seeking jobless benefits would drop for the second consecutive week, more than 1 million laid-off employees requested benefits last week, the U.S. Department of Labor (DOL) reported on Thursday (Aug. 20). Get the Full Story Complete the form to unlock this...
White House economic advisor Larry Kudlow said the economy is rebounding “very, very strongly” and would continue to do so, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Job growth in the United States was apparently weaker in the year through March, with the number of new workers added to payrolls revised down by 173,000, Bloomberg reported. That number comes out to around 14,400 per month. Get the Full Story Complete the form...