The U.S. Department of Labor (DOL) reported on Thursday (Sept. 24) that the number of Americans who filed for jobless claims in the week ended Sept. 19 increased to 870,000 — higher than analysts’ predictions — in another sign that the nation’s recovery is uneven....
The U.S. economy could face a credit crunch as the weather gets colder if the coronavirus worsens, experts warn, 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...
National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci told lawmakers Wednesday (Sept. 23) that 50 million COVID-19 vaccine doses might be available by November and possibly a further 100+ million in December, but the general public will not get them then. Get...
The coronavirus crisis wiped out the equivalent of nearly half a million jobs around the world by the end of June, according to a new study by a United Nations agency. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Eighty-seven percent of New York City restaurants, bars and other such venues couldn’t pay their full rent during August, according to the most recent Rent Report from the NYC Hospitality Alliance. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
House Democrats are continuing to push for a second round of $1,200 individual stimulus checks, CNBC reported. 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...
Federal Reserve Chair Jerome Powell and U.S. Treasury Secretary Steven Mnuchin told a House committee Tuesday (Sept. 22) that marked economic progress has been made since the depths of the pandemic in March. But they said there’s more work to be done, especially in addressing...
Global stocks were tumultuous on Monday (Sept. 21) as fears of another drop due to more pandemic lockdowns surfaced, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Incomplete government records could have resulted in around 8.7 million Americans miss $1,200 payments, according to a government watchdog, the Associated Press reported Monday (Sept. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
