Economy

Economy
IMF: Europe Could See Pre-COVID Economic Levels Next Year
April 14, 2021

While Europe’s economic recovery in the wake of COVID has been “halting and uneven,” there are promising signs on the horizon, the International Monetary Fund (IMF) said in a blog post on Wednesday (April 14). Get the Full Story Complete the form to unlock this...

Economy
NY Fed: Consumers Increase Expectations For Spending, Inflation, Home Prices
April 13, 2021

American consumers increased their expectations for spending, inflation and home prices in March, the Federal Reserve Bank of New York said in a press release, citing its “Survey of Consumer Expectations.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Johnson & Johnson Vaccine Pause Could Shake Consumer Confidence
April 13, 2021

One month ago, just 12 percent of the country had been fully vaccinated against COVID-19. On Tuesday (April 13), NPR reported that the percentage has climbed to 22.3 percent, indicating that the vaccine rollout is certainly chugging along. However, the joint announcement from the FDA...

Economy
Pandemic Partnership: Uber, Walgreens And PayPal Unite Over Vaccine Distribution
April 12, 2021

Three heavy hitters in different verticals have announced a program aimed at increasing access to vaccines. On Monday (April 12), Walgreens, Uber and PayPal stated that they had donated a combined total of $11 million to the Vaccine Access Fund, which is to be used...

Economy
Uber, PayPal, Walgreens Team To Connect People With Vaccines
April 12, 2021

Uber, PayPal and Walgreens have launched a coalition to help people without transportation connect to COVID-19 vaccines, the companies announced Monday (April 12) in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Fed Chair Powell: Economy Is At An Inflection Point
April 11, 2021

In an interview with CBS, Federal Reserve Chairman Jerome Powell sees signs for optimism in the economy ahead — though only under some conditions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Facebook: 24 Pct Of SMBs Closed Around The World
April 09, 2021

Small business closures are up around the world, according to Facebook’s most recent Global State of Small Business Report, and are approaching the peak of last May. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Markets
Refinitiv’s Eikon Terminals Trigger Five-Hour Outage
April 08, 2021

Refinitiv, the data and trading provider owned by London Stock Exchange Group (LSEG), suffered a five-hour outage on Thursday (April 8) that took some of its popular services offline, Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
New Jobless Claims Surprisingly Inch Up A Bit
April 08, 2021

The number of people in the U.S. filing for first-time unemployment benefits unexpectedly rose a bit in the week ending April 3, but the numbers are still on the low side of the pandemic peak, the Department of Labor reported on Thursday (April 8). Get the Full...