The next six weeks will arguably be the most impactful slice of economic time since 2008 and maybe of the last 50 years. What many analysts have called “the great American social experiment” has already kicked off as many Americans have received their share of...
American consumers are growing more confident as news of stimulus funds and vaccines have helped to boost consumer sentiment, according to a University of Michigan (U-M) monthly report released on Friday (March 12). Get the Full Story Complete the form to unlock this article and...
After months of debate, the $1.9 trillion American Rescue Plan has officially been passed by both houses of Congress and signed into law by President Biden. The nearly $2 trillion in legislation will send hundreds of billions into new expanded unemployment benefits; an expanded tax...
The worth of U.S. households hit a new high at the end of 2020, hitting $130.2 trillion, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The $1.9 trillion COVID-19 relief package has now been signed by President Joe Biden, and $1,400 relief checks could go out as soon as this weekend, CNBC reported Thursday (March 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The unlucky “Ides of March” — referring to the assassination of Julius Caesar on or about March 15, 44 BCE — renewed its myth millennia later when, on March 19, 2020, the first statewide COVID-19 shutdown in the U.S. was ordered. Within a month, American stores were...
New jobless claims dropped to new lows for the third consecutive week as coronavirus cases continue falling and vaccine rollout gains momentum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The nation’s small businesses are facing an ignominious anniversary: nearly a year has passed since the first round of pandemic-related closures kicked off last year in California on March 19. What started in California quickly echoed out through all 50 states as state and local...
A consortium of 19 consumer and financial industry organizations, including The Clearing House (TCH), has asked Congress to protect the next round of stimulus payments from garnishment. The payments, which may be sent out as soon as the end of this month, can total as much...
