The country is tracking for a decline in the 6.2 percent unemployment rate to 4.1 percent by the end of 2021, Bloomberg reported on Monday (March 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The anniversary of the United States’ first pandemic-related lockdown measures is fast approaching. March 19 will mark 365 days since California became the first — though certainly not the last — U.S. state to implement a stay-at-home or shelter-in-place order, closing all nonessential businesses in...
With the world economy slated to grow around 6 percent this year according to Oxford Economics, the U.S. could play a central role, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Senate has passed the $1.9 trillion coronavirus aid bill touted by President Joe Biden, and it will now go back to the House, where it’s expected to be approved in the coming days, CNBC reported. Get the Full Story Complete the form to unlock...
Senate Democrats agreed to reel in jobless benefits and back off from a minimum wage hike in the $1.9 trillion COVID-19 pandemic relief package, The Wall Street Journal reported on Friday (March 5). Get the Full Story Complete the form to unlock this article and...
Costs related to the integration of Refinitiv and the London Stock Exchange Group (LSEG) likely “spooked” analysts, causing shares to fall Friday morning (March 5), despite an increase in profits and revenue, Reuters reported. Get the Full Story Complete the form to unlock this article...
With a bit of wind at its back — in the form of December’s $900 billion U.S. stimulus package — the economy took a step toward a pandemic recovery in February. The U.S. Bureau of Labor Statistics reported on Friday (March 5) that total nonfarm...
New jobless claims for the week ending Feb. 27 came in at 745,000, up from last week’s revised level of 736,000, according to the Thursday (March 4) weekly report from the U.S. Bureau of Labor Statistics (BLS). The previous week’s level was revised up by 6,000...
The economy in the U.S. is looking up, business owners say, with more vaccines and better employment levels going a long way towards improving conditions, according to the most recent Beige Book report from the Federal Reserve. Get the Full Story Complete the form to...
