For the 17th consecutive week, the number of Americans who filed for unemployment benefits exceeded 1 million. 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 National Restaurant Association has issued a Blueprint for Restaurant Revival to help stabilize and stimulate the industry, including funding for restaurants and at-risk communities in need of help, according to a press release. Get the Full Story Complete the form to unlock this article...
More relief could be on the way for Americans hurting from the economic impacts of COVID-19. 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...
Philadelphia Federal Reserve President Patrick Harker says the mass spikes in coronavirus cases across the U.S. will likely dampen the economy as well, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
After three months of decline, the Consumer Price Index (CPI) from the U.S. Bureau of Labor Statistics (BLS) rose 0.6 percent in June for all items, buoyed by rises in the food and energy categories. Get the Full Story Complete the form to unlock this...
Federal Reserve Governor Lael Brainard said the road to recovery for the U.S. economy won’t be an easy one, according to The Wall Street Journal (WSJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The resurgence of the COVID-19 has delivered a crippling blow to many small businesses, The New York Times 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...
The annual U.S. budget deficit rose above $3 trillion for the year ending in June amid plummeting tax revenues due to mass unemployment and shuttered businesses during lockdown periods, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and...
In three weeks, the $600 federal jobless benefit that has been added to the state’s unemployment checks will end. 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...