October 07, 2016
Job Growth Undershoots Expectations, But Enough for Rate Hikes?
The United States economy logged some job growth in September, with wages also on the upswing. The latest statistic released Friday by the Labor Department showed a net gain of...
October 07, 2016
AI Assistants Sizzle While Wells Fargo Continues To Reinvent The...
Hurricane Matthew is definitely a fizzle, and promises to make most of the East Coast a fizzle in its own right over the next couple of days. About the only...
October 06, 2016
Jobless Claims Presage Rate Hikes?
The jobless claims report that came through on Thursday had some implications perhaps even before the more important jobs report on Friday. Key takeaways:The jobless claims stand at a four-decade low, according...
October 05, 2016
The Final CFPB Prepaid Card Rule Is Here (Expect Controversy)
The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure...
September 23, 2016
Yahoo Fizzles With History’s Biggest Data Breach
As September is gearing up to go into its last week, the waning warm days of the summer season certainly went out with a bang — care of the largest data...
September 21, 2016
Retailers Struggling To Find Seasonal Labor
Retailers are currently competing for workers in addition to market share. The economy is improving but so is unemployment, and the increasing number of fully employed Americans means there are...
September 16, 2016
Retail Sales Down For August, As Bumpy Economic Ride Continues
Retail sales were down 0.3 percent for the month of August, the first month of decline since March, as the turbulent economic headwinds that have blown for much of the...
September 14, 2016
Central Bank Conundrums Bode Ill For (Most) Stocks
Live by the central banks, die by the central banks. The age of easy money and low interest rates — and, in some cases, negative interest rates — will have...
September 06, 2016
What To Make Of Jobs Report
The numbers are in, and the latest jobs report missed estimates. As reported, the U.S. economy added 151,000 new positions in August, with estimates having called for 175,000–188,000. The unemployment...
With 96% of corporates that offer earned wage access saying it helps attract new talent, and 75% of millennials saying that it would influence their acceptance of a job offer, it’s obvious why almost two-thirds of employers see earned wage access as a low-cost tool for employee recruitment and retention. PYMNTS examines the trend in the latest issue of the “Money Mobility Tracker®,” a collaboration with Ingo Money.
