Shares in Chinese ridesharing firm Didi dropped more than 5 percent Friday morning (July 2) after regulators in China announced a cybersecurity review of the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As the economy rises and the raging pandemic gets doused with vaccines, tech spending is set to grow. Forrester Research predicts that overall growth in U.S. tech budgets will be up by 7.4 percent this year and rise by 6.7 in 2022. Get the Full...
Total nonfarm payroll employment rose by 850,000 in June, far outstripping the revised 583,000 jobs created in May. The increase in jobs topped the predictions of analysts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Initial jobless claims for the week ending June 26 dropped 51,000 to 364,000 from the previous week’s level, which was revised up to 415,000, according to the Thursday (July 1) report from the U.S. Department of Labor. The numbers mark the lowest level for new...
Retail investors now comprise 10 percent of daily trading on the wide-ranging U.S. stocks index Russell 3000, U.S. News & World Report reported on Wednesday (June 30), citing a note from Morgan Stanley. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Grab, Gojek, and Sea are leading the Southeast Asian surge in technology mergers and acquisitions (M&A), with deals totaling an estimated $19 billion during the first six months of this year, the Financial Times reported (June 30). Get the Full Story Complete the form to unlock...
The U.S. economy has added some three million jobs in the private sector since the start of 2021, including 692,000 new positions this month, according to the June ADP National Employment Report released on Wednesday (June 30). Get the Full Story Complete the form to...
The Conference Board Consumer Confidence Index went up in June, reaching its highest level since the COVID-19 pandemic took hold in March 2020, marking the fifth month in a row that the index increased. Consumer confidence offers a window into people’s perception of economic conditions...
This summer is likely to be one rife with new investment deals, CNN writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
