There were all kinds of questions in the public sphere as the second round of stimulus checks went out in early 2021. Would consumers actually spend them as intended, or would those stimulus dollars flow into savings accounts and toward paying off debt as so much of...
Operators of cash-strapped performance venues shuttered by pandemic restrictions are expected to turn out in droves seeking funds from a $15 billion program Congress created to help the industry, The New York Times (NYT) reported. Get the Full Story Complete the form to unlock this...
U.S. Sen. Mitt Romney (R-Utah) is proposing that the federal government provide an average of $3,000 per year for most households through an initiative that he says would dramatically reduce child poverty and pay for itself through cost savings brought about by the consolidation of...
For the second consecutive week, new jobless claims are below 900,000, dropping 33,000 for the period ending Jan. 30, to 779,000, according to the weekly Department of Labor report released on Thursday (Feb. 4). Last week was the first time numbers dropped below 900,000 in three...
U.S. businesses added 174,000 jobs in January, bouncing back from a 78,000 drop in December and beating economists’ forecasts, according to data released Wednesday (Feb. 3) by payroll processor ADP. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
An annual report by the Global Business Travel Association (GBTA) analyzing the business travel sector predicts business travel will rise toward the end of the year and will fully recover by 2025. Get the Full Story Complete the form to unlock this article and enjoy...
A new report predicts the U.S. economy and jobs market will take years to recover from the coronavirus economic crash. However, gross domestic product (GDP) will return to pre-COVID levels, in part due to government stimulus packages, by mid-2021. Get the Full Story Complete the...
A new presidential administration has begun, a new House and Senate have been sworn in, and more stimulus, it seems, is going out. How much more? That remains a subject for debate on the floor of Congress this week. It’s yet to be determined exactly...
U.S. personal income in the month of December rose more than anticipated, according to the latest report from the Bureau of Economic Analysis (BEA) on Friday (Jan. 29), while personal spending went down a bit. Get the Full Story Complete the form to unlock this...
