Economy

Economy
Study Reveals Vaccine Policy Rift In Urban Vs Rural And Large Vs Small Businesses
August 24, 2021

The location and size of companies are two indicators of how likely businesses are to require or encourage vaccination for their employees, new PYMNTS data show. In short, the larger and more urban a company is, the more likely it is to have a policy...

Markets
European Businesses Rushing To List In The US
August 23, 2021

Higher valuations have European businesses listing in the U.S. at a higher rate than has been seen in decades, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
New Pandemic Low For Jobless Claims Beats Forecasts
August 19, 2021

New jobless claims dropped to a new pandemic-era low, coming in at 348,000 for the week ending Aug. 14, a drop of 29,000 from the previous report, according to the latest figures from the Bureau of Labor Statistics (BLS) on Thursday (Aug. 19). Get the...

Economy
Pandemic Will Linger Into 2022, Say Consumers, Before We’re ‘Back to Normal’
August 18, 2021

“If it be not now, yet it will come — the readiness is all,” wrote the Bard. And when it comes to the pandemic, the seemingly interminable waves of infections and variants, it seems like the only certainty we have is … waiting. Get the Full...

Economy
Delta Weakens Spending Spree As Firms Stash More Cash
August 17, 2021

Businesses are opting to hold on to their money as spending spree hopes wane amid the quick-spreading Delta variant of COVID-19, the Wall Sreet Journal (WSJ) reported on Tuesday (Aug. 17).  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Vaccine Mandates Are A Lose-Lose For Frontline Restaurant Workers, Says Paytronix CEO
August 16, 2021

For a few months in late spring and early summer, the future was looking bright for restaurants. Newly vaccinated consumers were coming back for indoor dining, even as digital sales remained elevated. Yelp recorded record-high seatings, and restaurant spending was increasing each month. Get the...

Economy
COVID’s Delta Comeback Slams World’s Supply Chains
August 15, 2021

Global supply chains, especially in Asia, are taking a beating from the new surge of COVID-19 infections caused by the delta variant, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Child Tax Credit Payout Of $15B+ Could Mean Big Spending Across US
August 13, 2021

The U.S. Department of the Treasury and the Internal Revenue Service on Friday (Aug. 13) paid more than $15 billion to families for the almost 61 million children eligible for the expanded Child Tax Credit from the American Rescue Plan. Get the Full Story Complete...

Economy
Employers Making COVID Vax A Hiring Requirement
August 13, 2021

Employers are asking applicants to be vaccinated against the coronavirus as a condition of their being hired in increasing numbers, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...