American companies added 324,000 jobs last month, while wage growth slowed. That’s according to data published Wednesday (Aug. 2) by the ADP Research Institute. The bulk of the...
For the first time since 2021, consumers’ wages are exceeding inflation. A report Monday (July 17) by The Wall Street Journal (WSJ) notes that inflation-adjusted average hourly...
The age of the biweekly pay period seems to be drawing to a close, with workers increasingly preferring to receive their wages as they earn...
A judge has reportedly halted a New York City minimum wage law that is opposed by app-based food delivery firms. New York State Supreme Court...
Earned wage access providers are garnering more scrutiny — and more oversight — state by state. Missouri’s governor signed a bill that, among other things, will require...
New York City-based FinTech Clair has raised $175 million in funding. The financing was led by Thrive Capital and included participation from Upfront Ventures and Kairos, Clair said in a Thursday (July 6)...
Struggling consumers are relying on payment plans for daily purchases as wages fall behind rising prices. Nearly three-quarters of millennials are living paycheck to paycheck...
Three key government-released metrics may together explain why consumers’ financial struggles may be more significant now than in previous economic downturns. The most headline-garnering is...
DoorDash will now let its gig workers choose to be hourly workers. The aggregator will let drivers choose to earn a minimum hourly rate, to use...