The Job Openings and Labor Turnover Survey (JOLTS) indicates that the number of new job openings was largely unchanged at 6.7 million positions on Oct. 30, according to the latest report by the Bureau of Labor Statistics (BLS) on Wednesday (Dec. 9). Get the Full...
Eight months, 14.8 million new cases and 275,000 deaths after Congress passed the $2.2 trillion CARES Act in late March to cushion the economic blow of the coronavirus, and lawmakers are inching toward approving a second round of stimulus, albeit one less than half the...
Days after the first Pfizer/BioNTech vaccine announcement was made, PYMNTS set out to discover how a much-anticipated COVID-19 immunity shot is likely to move the needle of normalcy and begin to boost confidence, allowing America to affect a recovery in full. Get the Full Story...
Charlie Scharf, the CEO of Wells Fargo, thinks once the COVID vaccines are able to reach wide swathes of the country, the U.S. economy will recover quickly, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Treasury Secretary Steven Mnuchin said he presented a new $916 billion COVID-19 relief bill to House Speaker Nancy Pelosi, signaling the first move from the President Donald Trump administration to pass a stimulus bill since the election last month, Bloomberg reported. Get the Full Story...
Over 110,000 restaurants have shuttered since the start of the COVID-19 pandemic and another 500,000-plus establishments are in an “economic free fall,” the National Restaurant Association said in a letter to Congress. Get the Full Story Complete the form to unlock this article and enjoy...
American Airlines on Tuesday (Dec. 8) rolled out plans to offer preflight COVID-19 testing in the United States as battered airlines seek ways to lure back wary travelers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
It was only a few short years ago that the conventional wisdom was that millennials were shaping up to be slower entering the homebuying market than their Gen X siblings and baby boomer parents. The theory most famously put forth by the Washington Post’s Catherine Rampell...
Some of the top business groups in the United States are ramping up pressure on Congress to pass a second major stimulus package as coronavirus cases surge and the economic recovery shows signs of stalling out. Get the Full Story Complete the form to unlock...