Jobless claims released Thursday (April 9) show that the coronavirus triggered another 6.606 million unemployment claims for the week ending April 4. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Starbucks is withdrawing its 2020 outlook as it faces an estimated 46 percent earnings drop for the second quarter, according to multiple reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Over one third of Americans didn’t pay rent by April 5, triggering fears of what could be ahead for May and beyond, according to data from a landlord advocacy group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The COVID-19 pandemic has triggered an unprecedented wave of business closures, placing millions out of work with no telling when they will be back to business as usual. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With the coronavirus pandemic forcing people out of work in every sector of the economy, unemployment claims are likely to rise by another 5.25 million since last week, according to reports Wednesday (April 8). Get the Full Story Complete the form to unlock this article...
The percentage of U.S. citizens who paid rent this month was down 12 points, from 82 percent in March to 69 now, as a result of the economic disruption from the coronavirus, according to a housing survey released Wednesday (April 8). Get the Full Story...
Being called the “worst crisis since World War II,” the coronavirus is set to wipe out 6.7 percent of working hours across the globe in the second quarter, or the equivalent to 195 million full-time workers’ full weeks, according to the United Nations, CNBC reported....
Top Democratic officials in the U.S. have a new list of demands for the next round of stimulus funds to fight the effects of the coronavirus pandemic, including stipulations for small businesses, hospitals and health officials and low-income Americans, according to the Financial Times. Get the Full...
Pinterest, the web-based visual discovery platform, saw its shares rally late Tuesday (April 7) after the company released guidance that beat analysts’ pre-coronavirus expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
