Hollywood has seen mass layoffs at all levels of its hierarchy, Variety reports. 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 Today....
Consumer spending in the U.S. rose 0.5 percent in October while household income declined 0.7 percent, according to a report released by the Bureau of Economic Analysis (BEA) on Wednesday (Nov. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The push toward digital IDs, toward tracking who’s who – and, in this case, who’s safe – may be getting a tailwind from air travel. To that end, a quintet of airlines is debuting digital health passes that certify travelers do not have the coronavirus....
In a splash of good news for the coronavirus-battered economy, new orders for durable goods rose 1.3 percent in October, new federal stats show. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Slack’s stock rocketed over 24 percent on Wednesday (Nov. 25) on a report that Salesforce had discussions to acquire the firm, while Salesforce stock fell over 4 percent, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
While the number of U.S. COVID-19 cases is on the rise, consumer spending in advance of the holiday season is boosting the economy, The Wall Street Journal reported. The U.S. economic recovery has continued as Americans keep on spending on consumer goods. Get the Full...
New jobless claims were up 778,000 for the week ending Nov. 21, an increase of 30,000 over the previous week, which was revised up by 6,000 to 748,000, according to the latest weekly Bureau of Labor Statistics report released on Wednesday (Nov. 25). Get the Full Story...
The U.S. Centers for Disease Control and Prevention (CDC) is finalizing its recommendations for shorter quarantine times after potential COVID-19 exposure, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Two words might explain Tuesday’s stock market action: “Relief rally.” Because Wall Street, it’s famously been said, abhors a vacuum and hates uncertainty. When uncertainty lifts and when questions get answered, investors may feel it’s safe to buy again. Get the Full Story Complete the...
