As of mid-July, just under half (49.3 percent) of Americans report being vaccinated and roughly 57 percent are halfway there with a single dose. While lower than government projections, that tally has given people the confidence to go back out into the real world to...
The Labor Department’s Thursday (July 22) report showed that new weekly jobless claims for the week ending July 17 unexpectedly went up to 419,000, an increase of 51,000 from the previous week’s revised level. Last week’s number was revised up by 8,000 from 360,000 to...
Fears over the increased spread of the Delta variant of COVID-19 have triggered upsets on Wall Street as the main indexes dropped 1 percent or more, Reuters reported on Monday (July 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.S. economy’s recovery might have already hit its peak for the time being. 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...
Applications to start a new U.S. business aren’t spiking as much as usual for the month of June this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Retailers and restaurants may be in for another consumer spending windfall as 39 million American families will find their bank accounts flush with a couple of hundred more dollars as the new and improved 2021 version of the child tax credit (CTC) officially begins rolling out Thursday (July 15). Get...
New jobless claims in the week ending July 10 dropped to 360,000, down 26,000 from the previous week’s revised level, according to the July 15 report from the Bureau of Labor Statistics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In most economies, especially those going through a rebound, inflation (at some point) is a fact of life. Merchants, faced with the rising costs of inputs, whether raw materials or wages, tend to pass along at least some of those costs to their end consumers....
It’s time for the Federal Reserve to ease up on bond-buying by the central bank, in part because keeping it up could cause problems in the housing market, which shows no signs of slowing down its brisk pace, Federal Reserve Bank of St. Louis President...
