A $16 billion federal program designed to help performance venues and museums closed due to COVID-19 that was supposed to debut more than a week ago has yet to go live, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to...
Even as his company reports a slight dip in revenue, BNY Mellon’s chief executive said on Friday (April 16) that he sees promising signs of recovery for the economy at large. “As we move from a period of resilience to a period of recovery and...
Initial unemployment claims plummeted to a new pandemic low of 576,000, a decrease of 193,000 from last week’s revised level, the Bureau of Labor Statistics (BLS) reported on Thursday (April 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
While Europe’s economic recovery in the wake of COVID has been “halting and uneven,” there are promising signs on the horizon, the International Monetary Fund (IMF) said in a blog post on Wednesday (April 14). Get the Full Story Complete the form to unlock this...
American consumers increased their expectations for spending, inflation and home prices in March, the Federal Reserve Bank of New York said in a press release, citing its “Survey of Consumer Expectations.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In an interview with CBS, Federal Reserve Chairman Jerome Powell sees signs for optimism in the economy ahead — though only under some conditions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Small business closures are up around the world, according to Facebook’s most recent Global State of Small Business Report, and are approaching the peak of last May. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The number of people in the U.S. filing for first-time unemployment benefits unexpectedly rose a bit in the week ending April 3, but the numbers are still on the low side of the pandemic peak, the Department of Labor reported on Thursday (April 8). Get the Full...
More than 25 million people received their Economic Impact Payments from the U.S. government on Wednesday (April 7), bringing the total disbursed so far to more than 156 million payments, or $372 billion. Get the Full Story Complete the form to unlock this article and...
