article thumbnail

Study: US Housing Market Slows Down As Homeowners Stay Put Longer

PYMNTS

homeowners’ decision to stay in their homes longer is keeping much-needed inventory off the real estate market, causing a slip in home sales. New analysis by Redfin found that homeowners around the country are typically staying in their homes for 13 years, five years longer than they did in 2010. “If

article thumbnail

EU Eyes Single European Data Market

PYMNTS

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid week, the European Commission is planning a single European market for data , in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China.

Data 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Small Firms Find Tight Labor Market A Costly Challenge

PYMNTS

While entrepreneurs continue to reflect record-level optimism, their top concerns are increasingly including the tight labor market and the importance of retaining staff in such a climate. “And that’s the way the market economy works, for better or worse.” How did small businesses fare in job growth last month?

Marketing 148
article thumbnail

Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109
article thumbnail

Intuit Eyes Buying Credit Sesame, NerdWallet And Finicity

PYMNTS

Intuit , the tax software company best known as being the enterprise behind QuickBooks and TurboTax , is looking into acquiring FinTech Finicity , according to reports. On Monday (March 9), the market saw Intuit’s shares dip 4.3 It was launched in 2010 and has been profitable since 2017, according to the company.

Taxes 154
article thumbnail

Soupman Files For Bankruptcy Protection

PYMNTS

New York City soup producer and marketer Soupman – home of Seinfeld’s “Soup Nazi” character – has filed for bankruptcy protection following charges against former CFO Robert Bertrand last month. million, and total alleged tax loss to the U.S. million, and total alleged tax loss to the U.S. was about $594,000. was about $594,000.

article thumbnail

Job Growth Continues For Tenth Consecutive Year

PYMNTS

With all the bright spots, wage growth “remains the one aspect of the job market that hasn’t fully recovered during the decade since the Great Recession ,” he said. The hiring slowdown was indicative of employers’ difficulty in finding enough workers, as well as worldwide economic trepidation and lingering effects of the 2018 tax cuts.

Taxes 130