White House Economic Adviser Larry Kudlow said in a CNN interview that the $600-a-week funds that Americans receive on top of regular unemployment benefits might end on July 31 as previously planned. However, he said President Donald Trump is mulling a measure that would offer...
24 Hour Fitness, the privately owned gym chain, announced Monday (June 15) that it filed for Chapter 11 bankruptcy protection, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In an interview with “Face the Nation,” Dallas Federal Reserve President Robert Kaplan said he expects some recovery in the unemployment rate this year, although it will still likely be very high at the end of the year. Get the Full Story Complete the form...
Stimulus payments to taxpayers totaling $267 billion was not enough to avoid a decline in household net worth in the first quarter on 2020, the largest drop since records began being kept in the 1950s, The Wall Street Journal (WSJ) reported. Get the Full Story...
A surprising improvement in the jobs market and states reopening for business are combining to lift the spirits of U.S. consumers, according to data from a University of Michigan consumer survey released Friday (June 12). Get the Full Story Complete the form to unlock this...
U.S. restaurants and retailers are starting to reopen as authorities lift COVID-19 restrictions and consumers contemplate returning to life as usual, or at least life adjusted for a post-pandemic world of things like people wearing face masks in public. But worries about getting to year’s...
As the nation reopens in phases, Wall Street’s “fear gauge” surged Thursday (June 11) as fears of a second economic shutdown in the face of more coronavirus outbreaks fueled market anxiety, Reuters reported. Get the Full Story Complete the form to unlock this article and...
In girding for battle, it’s critical to stock up on supplies, on weapons. 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....
The latest coronavirus stimulus package will have to wait until late next month, when Congress returns from recess, sources told CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
