Special purpose acquisition companies (SPACs) have seen a rout wipe out much of their value after looking promising earlier in the year, The Wall Street Journal (WSJ) reported Thursday (Sept. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
New jobless claims for the week ending Aug. 28 dropped 14,000 to 340,000, beating forecasts of 345,000 and hitting the lowest level yet since the COVID-19 pandemic gripped the U.S. in March 2020, when it was 256,000. Get the Full Story Complete the form to...
Depending on the state where U.S. residents live, they had a 50/50 chance of having their enhanced federal unemployment benefits terminated early. Yet, regardless of the outcome – either the benefits ending early or continuing until the Sept. 6 deadline – job growth throughout the...
The Centers for Disease Control and Prevention (CDC) has recommended against unvaccinated Americans traveling during the upcoming Labor Day weekend, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Confidence among U.S. consumers dropped in August to its lowest level since February as the COVID-19 delta variant continued its spread and higher inflation rates loomed as a possibility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Millions of unemployed workers will be kicked off federal pandemic unemployment assistance (PUA) on Saturday (Sept. 4), even though the return to work is backsliding amid the escalating number of COVID-19 cases due to the delta variant, CNBC and other news outlets reported on Tuesday...
Greek philosopher Epicurus gets the nod for writing, “Skillful pilots gain their reputation from storms and tempest.” As wildfires, tropical storms, floods and hurricanes compound the COVID-crisis, there’s no shortage of tempests disrupting finances and financial markets in recent times. Get the Full Story Complete...
McDonald’s is among the U.S. fast-food restaurants that are closing indoor seating areas or limiting their hours as the COVID-19 delta variant continues its surge, according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The European Union is likely to decide Monday (August 30) whether to recommend that member states block nonessential visits from the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
