Pandemic-ravaged businesses are having trouble meeting rent during the coronavirus pandemic, as evidenced by the fact that many tenants have only partially paid for July, Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Amid a Congressional impasse over the next pandemic-related stimulus package, President Donald Trump directed the federal government to provide relief for beleaguered Americans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Negotiators for the White House and congressional Democrats were expected to resume efforts at 1 p.m. Friday (Aug. 7) to reach a deal that would lead to a second round of economic stimulus payments. Get the Full Story Complete the form to unlock this article...
The nation’s economy added 1.8 million jobs in July, slightly better than analysts’ expectations, while the unemployment rate fell to 10.2 percent, the U.S. Labor Department reported on Friday (Aug. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Evidence of the U.S. economic recovery’s unpredictability in the wake of the coronavirus pandemic is on display in California. 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...
The number of Americans who filed for unemployment benefits fell last week after two consecutive weeks of increases, the U.S. Department of Labor (DOL) reported Thursday (Aug. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Since all hell broke loose in March, PYMNTS tracking of COVID-19’s impact on small and medium-sized businesses (SMBs) — and consumer spending that favored them over category killers like Amazon and Walmart — has formed a picture of radical, disquieting change. Get the Full Story Complete the...
Small businesses across the country could face a looming meltdown with massive layoffs should Congress fail to include more money for the Paycheck Protection Program (PPP) in the latest coronavirus relief bill, a top Republican warns. Get the Full Story Complete the form to unlock...
Private sector employment rose by 167,000 in July, but the numbers are a far cry from June, when private-sector employment increased by nearly 2.4 million jobs, according to the ADP National Employment Report released on Wednesday (Aug 5). Get the Full Story Complete the form to unlock...
