Despite the struggling economy, U.S. household wealth hit new highs in 2020, according to a report by the Federal Reserve. 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 failure of lawmakers to agree on additional COVID-19 relief has left some policy experts including Federal Reserve Chairman Jerome H. Powell worried that the current economic recovery will lose some steam unless Washington creates another round of fiscal stimulus. Get the Full Story Complete...
What will the 42 percent solution be? 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 daily newsletter, PYMNTS Today. By completing this form, you agree...
By the numbers, Main Street merchants are feeling a little bit better these days than they were six months ago when the pandemic began, according to the latest PYMNTS Main Street business survey. Some 54 percent now report feeling confident they’ll survive through the outbreak’s...
While most sectors have suffered from the pandemic, global trade has proved remarkably resilient. 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 daily newsletter, PYMNTS...
The University of Michigan Survey of Consumers reported that its Index of Consumer Sentiment registered a 78.9 result for September 2020 based on preliminary data, up from 74.1 in August 2020 but still below September 2019’s 93.2 level. Get the Full Story Complete the form...
Most office buildings are still dark in the U.S., six months and counting since the pandemic started, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Federal Reserve Board Chairman Jerome Powell said the U.S. labor market has a long way to go to meet the central bank’s maximum employment goal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
First-time claims for jobless benefits fell slightly last week to 860,000, lower than predictions by Dow Jones economists. 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...
