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Category: News


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Unemployed people in Arkansas have won back their benefits, marking the third state to reverse aid cuts

July 30, 2021

Via: Markets Insider

Unemployed workers in Arkansas are the latest group to win back their federal unemployment benefits after Gov. Asa Hutchinson moved to terminate them ahead of the September expiration. In a Thursday ruling, Judge Herbert Wright said that, as a lawsuit […]


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Flush with COVID stimulus money and boosted by reopenings, the U.S. economy grew sharply in the spring but slower than projected

July 29, 2021

Via: USA TODAY

The U.S. economy grew sharply in the second quarter amid the reopening economy and increasing COVID-19 vaccinations but the surge was less robust than expected and likely represented a high-water mark in a historically strong year. The nation’s gross domestic […]


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How major US stock indexes fared Tuesday

July 27, 2021

Via: ABC News

Stocks closed lower on Wall Street Tuesday, pulling major indexes back slightly from the records they set a day earlier. Weakness in big technology companies was the biggest factor. Markets have been choppy as investors try to get a clearer […]


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Payments M&A is hot, but deals could face antitrust scrutiny

July 26, 2021

Via: Payments Dive

The pandemic ushered in an era of mass digital adoption as consumers looked to fight off the chances of contracting the virus. Digital payments volume and “the number of digital accounts increased significantly in 2020 as online commerce represented a […]


News

Hourly Workers Are Demanding Better Pay and Benefits—and Getting Them

July 22, 2021

Via: Time

Xue Vang had long known that his job deicing planes, loading bags and chocking wheels at the Missoula airport was dangerous, especially in the Montana winter, when blinding snow and rain obscure the spinning engines that can suck in a […]


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Beyond the child credit, Social Security and unemployment faced changes: What to know about tax law changes

July 18, 2021

Via: USA TODAY

The coronavirus pandemic has eased substantially across the nation as the economy opens up. But the tax ramifications from it are still reverberating. Among the changes: The Internal Revenue Service has started to issue refunds to millions of Americans in […]


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Bend Financial Meets HSA Investing Surge with Expanded, Fully Integrated Investment Offering

July 15, 2021

Via: Markets Insider

Bend Financial (Bend), an industry-leading health savings account (HSA) provider, today announced the expansion of its HSA investment platform to now include a fully integrated investment offering that provides HSA investors seamless access to fractional trading, multiple investment models, exchange-traded […]


News

US unemployment claims fall to 360,000, a new pandemic low

July 15, 2021

Via: ABC News

The number of Americans applying for unemployment benefits has reached its lowest level since the pandemic struck last year, further evidence that the U.S. economy and job market are quickly rebounding from the pandemic recession. Thursday’s report from the Labor […]


News

Powell says inflation, though elevated, will likely moderate

July 14, 2021

Via: ABC News

Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months” before “moderating.” At the same time, Powell signaled no imminent change in the Fed’s ultra-low-interest rate […]


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Google fined £427m in fight with French news publishers

July 13, 2021

Via: Sky News

The regulator has threatened to impose additional penalties of £769,000 (€900,000) per day if Google doesn’t produce proposals within the next two months to compensate news publishers. The action comes amid global concern of the impact Facebook and Google are […]