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...
Federal Reserve Chair Jerome Powell and U.S. Treasury Secretary Steven Mnuchin told a House committee Tuesday (Sept. 22) that marked economic progress has been made since the depths of the pandemic in March. But they said there’s more work to be done, especially in addressing...
Global stocks were tumultuous on Monday (Sept. 21) as fears of another drop due to more pandemic lockdowns surfaced, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Incomplete government records could have resulted in around 8.7 million Americans miss $1,200 payments, according to a government watchdog, the Associated Press reported Monday (Sept. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Despite the struggling economy, U.S. household wealth hit new highs in 2020, according to a report by the Federal Reserve. 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 failure of lawmakers to agree on additional COVID-19 relief has left some policy experts including Federal Reserve Chairman Jerome H. Powell worried that the current economic recovery will lose some steam unless Washington creates another round of fiscal stimulus. Get the Full Story Complete...
What will the 42 percent solution be? 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. By completing this form, you agree...
