Facing an economic emergency tipped off by the unprecedented coronavirus pandemic landing on American shores, the federal government in an uncharacteristic burst of speedy bi-partisan cooperation passed the $2.2 trillion CARES Act, a massive stimulus effort meant to keep citizens and businesses whole and afloat...
Though the phrase “new normal” has gotten thrown around a lot lately, in many ways it is something of a misnomer. Here on the ground in the U.S., things are very far from normal – new or otherwise – with businesses closed, employees working remotely...
The coronavirus pandemic is advancing, wreaking havoc on U.S. citizens and the economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
More than 66 million jobs across fields such as retail, food service and sales are at a high risk of layoffs because of the coronavirus‘ widespread decimation of the American economy and work culture, according to Yahoo Finance, citing a St. Louis Fed economist. Get...
In much of the United States, restaurants have been ordered closed, except perhaps for takeout service, amid the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
For the second consecutive month, Apple Inc. will allow its Apple Card users to defer April payments without interest or penalties to ease financial pressures of the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
While nonessential retailers remain shuttered amid the COVID-19 pandemic, some companies have discovered more business isn’t always a good thing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Already buried in emergency loan applications from small and medium-sized businesses (SMBs), five U.K. lenders have dropped out of the Coronavirus Business Interruption Loan Scheme (CBILS), according to a report in Bloomberg on Wednesday (April 1). Get the Full Story Complete the form to unlock...
Citigroup’s 204,000 U.S. employees hope it’s not an April Fools’ joke. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
