More than 2 million Americans filed for unemployment benefits last week as the number of workers seeking assistance since the COVID-19 pandemic began in mid-March topped 40 million, the U.S. Department of Labor reported Thursday (May 28). Get the Full Story Complete the form to unlock...
After several very harrowing weeks, the ongoing drama of the Paycheck Protection Program (PPP) seems to have finally come to a close. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The national decline in restaurant bookings is starting to ease up, according to new data from OpenTable as reported by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Reopening? Yes, the U.S. economic reopening is just beginning. But as for a rebound, we’ll have to wait — and it’s anyone’s guess how long. For now, the Federal Reserve Beige Book released on Wednesday (May 27) found that U.S. companies are suffering from a...
High unemployment could remain a constant for the next two years as people struggle to find jobs, according to Goldman Sachs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Will the U.S. government pay American companies to “near shore” supply chains, incentivizing a pivot away from China? 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...
Jamie Dimon, CEO of J.P. Morgan Chase, expressed hope that the economy will improve and unemployment will ease in the second half of the year after hitting levels near the Great Depression era in the second quarter, according to CNBC. Get the Full Story Complete...
Sales of new single-family homes were up 0.6 percent in April compared to March, but they fell by 6 percent compared to April 2019, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Get the Full Story Complete the...
The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. economy all but shut down to slow that pandemic’s spread. Get the Full Story Complete the form to...
