The global economy could be headed for a brighter future than was thought just a few months ago, according to an official with the International Monetary Fund (IMF), with better economic data from China than was expected and other economies improving, too. Get the Full...
House Democrats are back with a new stimulus proposal for $2.4 trillion, around $1 trillion less than the previous one projected, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The economic fallout of the coronavirus, now six months in, has continued to hit lower-income Americans the hardest, according to a new Pew Research Center report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Bank of America’s CEO said Thursday (Sept. 24) credit card delinquencies are “lower now than they were last year” as more people come off deferrals and consumers are starting to spend more. Get the Full Story Complete the form to unlock this article and enjoy...
The U.S. Department of Labor (DOL) reported on Thursday (Sept. 24) that the number of Americans who filed for jobless claims in the week ended Sept. 19 increased to 870,000 — higher than analysts’ predictions — in another sign that the nation’s recovery is uneven....
The U.S. economy could face a credit crunch as the weather gets colder if the coronavirus worsens, experts warn, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The coronavirus crisis wiped out the equivalent of nearly half a million jobs around the world by the end of June, according to a new study by a United Nations agency. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Eighty-seven percent of New York City restaurants, bars and other such venues couldn’t pay their full rent during August, according to the most recent Rent Report from the NYC Hospitality Alliance. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
House Democrats are continuing to push for a second round of $1,200 individual stimulus checks, CNBC 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. yesSubscribe to our...
