The Federal Reserve Open Market Committee (FOMC) said economic activity in the U.S. appears to have “picked up” in May and June after steep decreases in March and April, according to minutes from its July 28-29 meeting. Get the Full Story Complete the form to...
New York Gov. Andrew Cuomo has said New York City restaurants may have to close down again in the fall due to the coronavirus and the cooling weather, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
There’s data and then there’s the story the data can tell — and sometimes the story you get is not the whole story. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
NPC International, the largest Pizza Hut and Wendy’s franchisee in the U.S., plans to close as many as 300 Pizza Hut restaurants after a deal was reached to pave the way for a sale of the company’s remaining pizza locations, CNBC reported. Get the Full...
Robin Hayes, JetBlue‘s CEO, is adding his voice to the chorus of airline officials in need of more federal help for the airline industry, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The number of Americans who filed for jobless benefits fell below one million for the first time since late March, the U.S. Department of Labor (DOL) reported on Thursday (Aug. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Federal Reserve officials said they don’t think the economy is coming back in full until the pandemic is contained, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
An additional $400 a week in jobless benefits extended by President Donald Trump through an executive order may run out much sooner than anticipated, a new report finds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Some big companies that trimmed payrolls in recent months as what were billed at the time as emergency responses to COVID-19 are making the job cuts permanent, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
