Last Friday’s (Sept. 4) jobs report brought good news to the nation’s retail sector as it added nearly one quarter of a million jobs in August. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As the unemployment rate fell to the single digits last week, hope for a compromise stimulus package may have disappeared. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Despite a better than expected job report, Boston Federal Reserve President Eric Rosengren told CNBC a full recovery is impossible until COVID-19 is under control. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A multi-billion dollar investment by Japan’s SoftBank Group Corp. in stock options tied to individual technology companies helped the sector, and the rest of the market with it, seemingly defy the laws of financial gravity over the summer, The Wall Street Journal reported Friday (Sept....
The U.S. added 1.4 million jobs in August while the nation’s unemployment rate fell to 8.4 percent, down from 10.2 percent in July, the U.S. Bureau of Labor Statistics (BLS) reported Friday (Sept. 4). Get the Full Story Complete the form to unlock this article...
Trend — or more tightrope walking? 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 to...
The number of Americans who filed for jobless claims fell to its the lowest number since the pandemic began in March, better than analysts’ expectations, according to the latest data from the U.S. Department of Labor (DOL) on Thursday (Sept. 3). Get the Full Story Complete...
The Hilton Times Square is the latest victim of the coronavirus pandemic. In a filing with New York’s State Department of Labor, the managing director of the 44-story landmark said it will close permanently next month and 200 jobs will be lost. Get the Full...
The iOS app economy has created nearly 300,000 new jobs since April 2019, “helping to provide opportunities” for business and employment growth even during the COVID-19 crisis, Apple said in a press release. Get the Full Story Complete the form to unlock this article and...