While Europe’s economic recovery in the wake of COVID has been “halting and uneven,” there are promising signs on the horizon, the International Monetary Fund (IMF) said in a blog post on Wednesday (April 14). Get the Full Story Complete the form to unlock this...
American consumers increased their expectations for spending, inflation and home prices in March, the Federal Reserve Bank of New York said in a press release, citing its “Survey of Consumer Expectations.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In an interview with CBS, Federal Reserve Chairman Jerome Powell sees signs for optimism in the economy ahead — though only under some conditions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Small business closures are up around the world, according to Facebook’s most recent Global State of Small Business Report, and are approaching the peak of last May. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The number of people in the U.S. filing for first-time unemployment benefits unexpectedly rose a bit in the week ending April 3, but the numbers are still on the low side of the pandemic peak, the Department of Labor reported on Thursday (April 8). Get the Full...
More than 25 million people received their Economic Impact Payments from the U.S. government on Wednesday (April 7), bringing the total disbursed so far to more than 156 million payments, or $372 billion. Get the Full Story Complete the form to unlock this article and...
J.P. Morgan Chase & Co. CEO Jamie Dimon said in his annual letter to shareholders that as the world emerges from COVID-19, he anticipates that the country will see boom times that could last until 2023. Get the Full Story Complete the form to unlock this...
The International Monetary Fund (IMF) on Tuesday (April 6) raised its forecast for global growth in 2021 to 6 percent, an increase of 0.5 percentage points from the 5.5 percent growth forecast the institution issued in January of this year. Get the Full Story Complete...
The U.S. economy took a big step forward in March with total nonfarm payroll employment up by 916,000, beating analysts’ predictions. In addition, the unemployment rate inched down to down to 6.0 percent, the U.S. Bureau of Labor Statistics on Friday (April 2). Get the...
