Twitter and Square CEO Jack Dorsey tweeted a warning Friday (Oct. 22) about the coming of hyperinflation in the U.S. and the rest of the world, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
People are quitting their jobs in record numbers, led by the restaurant, bar and retail sectors, according to the Tuesday (Oct. 12) Job Openings and Labor Turnover Survey (JOLTS) report by the Bureau of Labor Statistics. Get the Full Story Complete the form to unlock...
New jobs increased by 194,000 in September, a far cry from economists’ estimates of 500,000 and a big dip from August’s 366,000 and 1.1 million jobs added in July, the Bureau of Labor Statistics reported on Friday (Oct. 8). Get the Full Story Complete the...
New jobless claims for the week ending Oct. 2 dropped 38,000 to 326,000 compared to the previous week’s level of 364,000, according to the Thursday (Oct. 7) report from the Bureau of Labor Statistics. The previous week’s level was revised up by 2,000 from 362,000....
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Business bankruptcies are predicted to rise next year as governments pull the plug on pandemic-related financial support, CNBC reported on Wednesday (Oct. 6), citing a report by Euler Hermes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Depository Trust & Clearing Corporation (DTCC) has published a new white paper that outlines ways to promote central clearing around U.S. Treasury transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The union representing the professionals working behind the scenes in Hollywood — set builders, costume designers, video engineers and others — authorized a strike following failed talks at the bargaining table, a move that could shackle new production, The Washington Post reported. Sticking points are...
U.S. personal consumer expenditures (PCE) rose 0.8% ($130.5 billion) last month, coinciding with an uptick in personal income of 0.2% ($35.5 billion) and a 0.1% increase in disposable personal income (DPI) ($18.9 billion), the Bureau of Economic Analysis reported on Friday (Oct. 1). Get the...
