Economy

Economy
Stimulus III: Turning Savers Into Spenders Could Define Economic Recovery
March 15, 2021

The next six weeks will arguably be the most impactful slice of economic time since 2008 and maybe of the last 50 years. What many analysts have called “the great American social experiment” has already kicked off as many Americans have received their share of...

Economy
Euphoria In Israel As Pfizer Vaccine Ends Lockdown
March 14, 2021

In Israel, with 4 million of its near 7 million adults vaccinated, the country is reveling in its reopening, Financial Times (FT) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Stimulus Could Help Boost Consumer Sentiment
March 13, 2021

American consumers are growing more confident as news of stimulus funds and vaccines have helped to boost consumer sentiment, according to a University of Michigan (U-M) monthly report released on Friday (March 12). Get the Full Story Complete the form to unlock this article and...

Economy
Germany Reports Third COVID-19 Wave As Italy Plans Easter Lockdown
March 12, 2021

Germany is seeing a third wave of coronavirus infections as Italy begins planning lockdowns over Easter weekend, CNBC reported on Friday (March. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
University Of California Pays Students To Skip Spring Break
March 12, 2021

Would you skip your college spring break for $75? If you’re a student at the University of California, Davis, your school’s officials are hoping the answer is “Yes.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Stimulus Round 3 On The Way; Focus Shifts To Consumer Spend
March 12, 2021

After months of debate, the $1.9 trillion American Rescue Plan has officially been passed by both houses of Congress and signed into law by President Biden. The nearly $2 trillion in legislation will send hundreds of billions into new expanded unemployment benefits; an expanded tax...

Economy
Stocks, Real Estate Push US Household Net Worth To $130.2T
March 12, 2021

The worth of U.S. households hit a new high at the end of 2020, hitting $130.2 trillion, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
One Year: How Consumers Have Changed In Response To COVID
March 11, 2021

Anniversaries are usually happy events — celebrated with gifts, balloons and parties to celebrate. But the anniversary we as a nation collectively pass this week had none of the above, firstly because no one particularly wanted to celebrate it and secondly, because the event precludes...

Economy
Stimulus Checks To Start Going Out This Weekend As Biden Signs COVID Bill
March 11, 2021

The $1.9 trillion COVID-19 relief package has now been signed by President Joe Biden, and $1,400 relief checks could go out as soon as this weekend, CNBC reported Thursday (March 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited...