DailyPay CEO Kevin Coop will step down from that position to pursue other endeavors and serve as a board advisor for the company. The WorkTech firm’s chief operating officer (COO), Stacy Greiner, will succeed Coop and serve as interim CEO, effective June 1, DailyPay said...
Among consumers who expect to have to dip into their savings this year, most expect to do so to afford items and services they need, rather than to treat themselves to nonessential purchases. By the Numbers “The Pessimism About Pay Rises Offsets the Effect of Falling Inflation” installment of...
American medical care costs have gone up, and that’s reportedly helped inflation remain high. Hospital prices climbed 7.7% between April 2023 and April 2024, the biggest monthly increase since October 2010, The Wall Street Journal (WSJ) reported Thursday (May 16), citing data from the U.S. Department of Labor. The...
Truck drivers help keep the supply chain functioning, but the turnover rate is high in the industry — a reality that can have ripple effects across the entire U.S. economy. PYMNTS Intelligence’s “Generation Instant: How Truckers Use Instant Payments to Support Their Lifestyles” revealed that...
May 15, 2024
Truck drivers help keep the supply chain functioning, but the turnover rate is high in the industry — a reality that can have ripple effects across the entire U.S. economy. PYMNTS Intelligence’s “Generation Instant: How Truckers Use Instant Payments to Support Their Lifestyles” revealed that one key contributor to the high turnover is that, in […]
May 13, 2024
Consumers are girding for inflation to settle in over the long haul. But they intend to keep spending. As reported on Monday (May 13), the Federal Reserve Bank of New York’s Center...
April 05, 2024
Wages are increasing. The unemployment rate’s lower. The U.S. economy added more jobs in March than had been expected. And yet, it all may not be enough to offset the...
February 13, 2024
The latest data from the government on consumer prices indicates a bit of weary truth: Inflation’s settled in, seemingly for the long haul. The Bureau of Labor Statistics noted on Tuesday...
May 28, 2024
Consumers are more likely to expect an expansion of public assistance programs than they were a year ago. Among the programs about which they have increased optimism are federal student aid, student debt forgiveness, federal welfare programs, unemployment benefits and the federal minimum wage, the Federal Reserve Bank of New York’s Center for Microeconomic Data […]
May 28, 2024
DailyPay CEO Kevin Coop will step down from that position to pursue other endeavors and serve as a board advisor for the company. The WorkTech firm’s chief operating officer (COO),...
May 16, 2024
American medical care costs have gone up, and that’s reportedly helped inflation remain high. Hospital prices climbed 7.7% between April 2023 and April 2024, the biggest monthly increase since October 2010, The Wall...
May 15, 2024
Chime will soon add an earned wage access offering called MyPay to its banking app. The FinTech company has opened a waitlist for MyPay and will begin onboarding “soon,” according...
