Evidence of the U.S. economic recovery’s unpredictability in the wake of the coronavirus pandemic is on display in California. 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...
The number of Americans who filed for unemployment benefits fell last week after two consecutive weeks of increases, the U.S. Department of Labor (DOL) reported Thursday (Aug. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Since all hell broke loose in March, PYMNTS tracking of COVID-19’s impact on small and medium-sized businesses (SMBs) — and consumer spending that favored them over category killers like Amazon and Walmart — has formed a picture of radical, disquieting change. Get the Full Story Complete the...
Small businesses across the country could face a looming meltdown with massive layoffs should Congress fail to include more money for the Paycheck Protection Program (PPP) in the latest coronavirus relief bill, a top Republican warns. Get the Full Story Complete the form to unlock...
Private sector employment rose by 167,000 in July, but the numbers are a far cry from June, when private-sector employment increased by nearly 2.4 million jobs, according to the ADP National Employment Report released on Wednesday (Aug 5). Get the Full Story Complete the form to unlock...
Consumer spending data from J.P. Morgan Chase shows the economy at a standstill, according to a report by CNBC. 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 first half of 2020 was a tough time to run a small business on Main Street as stay-at-home orders closed down restaurants and retailers for much or all of the past five months. That left small and medium-sized businesses (SMBs) scrambling to rapidly switch...
Almost half of furloughed workers in the U.S. don’t believe their jobs are coming back, according to a report from CNBC citing a poll from The Associated Press-NORC Center for Public Affairs Research. Get the Full Story Complete the form to unlock this article and...
The battered U.S. manufacturing sector continued its post-pandemic rebound in June, hitting its highest levels in more than a year in a bright spot amid growing unease over resurging coronavirus case numbers, a new survey finds. Get the Full Story Complete the form to unlock...
