2024-04-09 14:00:00 | banking consumers small business
... ancial institutions alike. The findings from Abrigo's survey highlight the critical need for awareness, education, and advanced technological solutions to navigate the complexities of modern financial fraud....
2024-03-12 08:42:12 | retirement
... gital sources, such as a robo advisor, social media channels or influencers they follow.However, even among those aware of robo advisors, nearly 4-in-5 across all generations agree having access to a human financial advisor is still important for when they have questions. Over three-quarters also prefer working with a human financial advisor when it comes to creating a plan to accomplish their goals.Living in RetirementNearly all respondents (85%) want to retire while they are still healthy enough to be active, targeting an average retirement age of 61-62. Motivating factors for determining wh...
2021-11-26 | economy retirement travel
... ...
2021-04-28 12:00:00 | employment pandemic
... chers also fared better in the Northeast and the West with wage growth of 6.9 and 5.9 percent respectively. By firm size, larger firms did better both from wage and employment perspective compared to small businesses. Job switching declined on average by 2.0 percentage points across all industries; however, there were some differences among industries. Job switching in the finance sector declined by 2.0 percentage points, whereas leisure and hospitality declined by almost 4.0 percentage points. This practically double percentage point drop in job switching is due to the significant job loss...
2021-04-09 14:00:00 | entrepreneurship
... of America’s neighborhoods, to ensure they have ready access to credit and the resources they need to rebuild and thrive,” Ms. Kramer Mills said. “We know that entrepreneurs 50 and older are different from their younger counterparts,” said Nancy LeaMond, AARP executive vice president and chief advocacy and engagement officer. “They often have assets they can and do use to fund their businesses, but this can be very problematic. Accessing retirement funds is of particular concern since there is a shorter time horizon to rebuild those accounts. “AARP has launched the Small ...
2021-04-08 12:00:00 | small business
... een better since the pandemic unfolded," says Hunter Stokes, president of FranchiseVentures. "The next several months should show a wave of startups based on this data." Source: FranchiseInsights.com...
2021-03-31 | employment
... additional charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit www.adpemploymentreport.com. Source: ADP, Inc. ...
2021-02-09 | communication
... of 1 to 5, where 1 is not at all optimistic and 5 is very optimistic, businesses responded with an average of 3.5. And a positive indicator for the small business community, which has taken the biggest hit from COVID-19 – when asked how their shopping habits have changed, 36% of consumers said they’re buying more from small and local businesses since the pandemic set in. Source: ZipWhip ...
2021-02-03 01:22:28 | economy employment
... lth care/social assistance 48,000 - Education 6,000 Leisure/hospitality 35,000 Other services 10,000 * Sum of components may not equal total, due to rounding. Source: ADP...
2021-02-01 12:00:00 | banking digital
... ®, Zelle®, Life Plan® and CashPro®. The financial services company has seen a surge in digital engagement. Today, approximately 70% of Bank of America consumer client households and small business clients and 77% wealth management client households are digitally active. Bank of America clients deposited 160 million checks using the mobile banking app in 2020. Last year, 84% of deposits were made through the company’s automated channels (mobile, online and ATMs), up from 78% the prior year. Digital sales accounted for 42% of total consumer sales last year, up from 30% in 2019. Further...
2021-01-27 14:00:00 | pandemic retirement saving
... Chief Investment Officer at Personal Capital. “So many families suffered loss, hundreds of thousands of small businesses closed and millions of jobs vanished. For others, working remotely has had positive aspects. “The good news is, for many, it’s not too late to turn things around. Working and retired Americans are saying they want to save early, often and aggressively.” Source: Empower Retirement...
2021-01-06 | employment small business
... job losses, with a loss of 16,000 employess in business with 1-19 employees. Slightly larger businesses with 20-49 employees recorded a small gain of 3,000 employees in December. Source: ADP ...
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