Initial unemployment claims went up more than expected for the week that ended Jan. 9, the second jobless report of the new year after 2020 rang out with record-high numbers amid the global pandemic. Get the Full Story Complete the form to unlock this article...
The pandemic is making disparities worse in the country’s economy, Federal Reserve Governor Lael Brainard said in a Wednesday (Jan. 13) speech, with unemployment “likely above 20 percent” for lower-wage workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The U.S. economy posted slight gains in the pandemic year of 2020, after closing the books on what was one of the most dismal economic fallouts in history, according to the Federal Reserve’s Beige Book report on Wednesday (Jan. 13). Get the Full Story Complete...
Sen. Marco Rubio of Florida wrote in a letter that he wants President-elect Joe Biden to focus immediately on getting $2,000 checks out to Americans to help during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Whether it’s Tesla CEO Elon Musk moving to Austin, Texas or large tech companies like Oracle pulling out of Silicon Valley, news of the great pandemic migration has been on the rise for months. Get the Full Story Complete the form to unlock this article...
Inflation, it might be argued, is a fact of life. 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. By completing this...
There were around 13 million defunct accounts that accidentally received stimulus check payments by the IRS, which the agency is now attempting to get to their right places, according to The New York Times on Sunday (Jan. 10). Get the Full Story Complete the form...
Almost four million Americans have been out of work for at least six months because of the pandemic, CNN reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Retail rents have plummeted to historic lows in New York City amid the COVID-19 pandemic, as bankruptcies and vacancies penetrated the area, CNBC reported on Friday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
