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The U.S. Bureau of Labor Statistics reported on Friday (Jan. 8) that the country lost 140,000 nonfarm jobs in December — putting an end to the employment gains that had accompanied months of improvement from the pandemic economic crash. Get the Full Story Complete the...
Many Americans are reporting frustration after not receiving their second stimulus checks within the past week, according to CNBC Thursday (Jan. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The World Health Organization (WHO) is warning that Europe is likely entering into the “acute” phase of the COVID-19 pandemic as nations scramble to quell the latest surge in infections. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Economic activity in the services sector grew in December for the seventh month in a row, the Institute for Supply Management said in a Thursday (Jan. 7) press release. The trade association surveys the nation’s purchasing and supply executives in its Services ISM Report On Business. Get the Full...
U.K. market watchdog the Financial Conduct Authority (FCA) cautions that the results of its recent pandemic resiliency survey indicate some 4,000 companies doing business in the financial services sector lack resiliency and could collapse. Get the Full Story Complete the form to unlock this article and...
Initial jobless claims for the week that ended Jan. 2 dropped 3,000 from the previous week’s revised level, for a total of 787,000, according to the latest report from the U.S. Department of Labor (DOL) on Thursday (Jan. 7). Get the Full Story Complete the...
The new Fiscal Outlook from the New York City Independent Budget Office finds that the COVID-19 pandemic has likely made it so the city’s economy won’t fully recover for years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Bet on New York emerging a bit more flush from the pandemic. Soon, you might be able to bet on it…literally, online and through mobile means. (OK, actually, you’ll be able to be bet on sporting events that way.) Get the Full Story Complete the...
