In a splash of good news for the coronavirus-battered economy, new orders for durable goods rose 1.3 percent in October, new federal stats show. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Slack’s stock rocketed over 24 percent on Wednesday (Nov. 25) on a report that Salesforce had discussions to acquire the firm, while Salesforce stock fell over 4 percent, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
While the number of U.S. COVID-19 cases is on the rise, consumer spending in advance of the holiday season is boosting the economy, The Wall Street Journal reported. The U.S. economic recovery has continued as Americans keep on spending on consumer goods. Get the Full...
New jobless claims were up 778,000 for the week ending Nov. 21, an increase of 30,000 over the previous week, which was revised up by 6,000 to 748,000, according to the latest weekly Bureau of Labor Statistics report released on Wednesday (Nov. 25). Get the Full Story...
The U.S. Centers for Disease Control and Prevention (CDC) is finalizing its recommendations for shorter quarantine times after potential COVID-19 exposure, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Two words might explain Tuesday’s stock market action: “Relief rally.” Because Wall Street, it’s famously been said, abhors a vacuum and hates uncertainty. When uncertainty lifts and when questions get answered, investors may feel it’s safe to buy again. Get the Full Story Complete the...
The Dow may just have crossed 30,000, but U.S. consumers are growing gloomier as a dark coronavirus winter settles in, as shown in a new Consumer Confidence Survey report released by The Conference Board Tuesday (Nov. 24). Get the Full Story Complete the form to unlock...
Nothing’s set in stone yet, but as the Biden administration settles in, we’ll get some clearer indications about what’s ahead for monetary policy — which impacts the economy, of course — and for banks. Get the Full Story Complete the form to unlock this article...
Qantas CEO Alan Joyce says international travel likely won’t be able to get back to normal without compulsory vaccinations, a report from 9Now says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
