High unemployment could remain a constant for the next two years as people struggle to find jobs, according to Goldman Sachs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Will the U.S. government pay American companies to “near shore” supply chains, incentivizing a pivot away from China? 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...
Amid the wreckage left by the pandemic — the lost jobs, shuttered businesses, and of course, the fatalities — one victim may be the daily grind of the 9 to 5, and, specifically, the daily commute. Get the Full Story Complete the form to unlock...
Jamie Dimon, CEO of J.P. Morgan Chase, expressed hope that the economy will improve and unemployment will ease in the second half of the year after hitting levels near the Great Depression era in the second quarter, according to CNBC. Get the Full Story Complete...
The Chinese city of Wuhan, ground zero for the global pandemic, has conducted nearly seven million coronavirus tests in 12 days, Bloomberg News 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. Rock bands are offering reimbursements for concerts. Get the Full Story Complete the form to unlock this article and enjoy...
Sales of new single-family homes were up 0.6 percent in April compared to March, but they fell by 6 percent compared to April 2019, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Get the Full Story Complete the...
The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. economy all but shut down to slow that pandemic’s spread. Get the Full Story Complete the form to...
In the first quarter, the economies of the major industrial countries declined at the sharpest rate since the Great Recession’s financial crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
