Crossmark Global Investments, the Texas money management team, said last week’s jobs report had a giant hole in it. 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...
Goldman Sachs economists have revised their forecast for 2020’s economy downwards, but still think things could be back on track by around September, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Laid-off workers collecting federal unemployment benefits got some disappointing news from the nation’s U.S. Labor Secretary Sunday (July 5). 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...
Almost 3,600 businesses filed for Chapter 11 bankruptcy in the first half of 2020, marking a rise of 26 percent, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As the pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to use. Sports teams, in one case, are offering to provide reimbursements to season ticket holders. Get the Full Story Complete the...
For the Congressional Budget Office (CBO), the glass is half full. 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...
Downtowns everywhere from Maine to California are dealing with varying degrees of economic and existential pain as a result of the pandemic, but nowhere is the pain as acute as in college towns. Cities like Ann Arbor, Michigan; Ithaca, New York and Davis, California have...
Fear has been a key ingredient in some of the strangest episodes in human history, and the COVID-19 pandemic now joins that dubious list. PYMNTS’ research division has tracked the pandemic’s progress since the first week of March – not just in economic terms, but...
The U.S. economy added a record 4.8 million nonfarm jobs in June and the unemployment rate fell to a lower-than-expected 11.1 percent, the U.S. Labor Department reported Thursday (July 2). Meanwhile, the number of Americans who filed jobless claims dropped in the latest week, but still...
