Nearly half of the nation’s states have been given the green light to issue $300 in federal weekly jobless benefits to help replace lost wages for Americans who are unemployed due to COVID-19, according to a list from the Federal Emergency Management Agency (FEMA). Get...
Staggered reopenings. Tourism booms that might prove temporary. Each U.S. business vertical hard-hit by the pandemic has been impacted in different ways. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? Get the Full Story Complete the form to unlock this article...
Despite predictions that the number of Americans seeking jobless benefits would drop for the second consecutive week, more than 1 million laid-off employees requested benefits last week, the U.S. Department of Labor (DOL) reported on Thursday (Aug. 20). Get the Full Story Complete the form to unlock this...
White House economic advisor Larry Kudlow said the economy is rebounding “very, very strongly” and would continue to do so, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Job growth in the United States was apparently weaker in the year through March, with the number of new workers added to payrolls revised down by 173,000, Bloomberg reported. That number comes out to around 14,400 per month. Get the Full Story Complete the form...
The Federal Reserve Open Market Committee (FOMC) said economic activity in the U.S. appears to have “picked up” in May and June after steep decreases in March and April, according to minutes from its July 28-29 meeting. Get the Full Story Complete the form to...
New York Gov. Andrew Cuomo has said New York City restaurants may have to close down again in the fall due to the coronavirus and the cooling weather, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
There’s data and then there’s the story the data can tell — and sometimes the story you get is not the whole story. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
