Economy

Economy
Mastercard And ICC Work Toward Global Digital Health Pass
March 11, 2021

How can a country tell which travelers have been vaccinated or tested negative for COVID-19? In many cases, they need to rely on paper documents, which are easy to forge and tough to validate. A digital solution may be the answer, but where will it...

Markets
SEC Raises Caution Flag On Celebrity-Backed SPACs
March 11, 2021

Your favorite celebrities? Follow them on Insta. Follow them on TikTok. Just don’t follow them into SPACs. 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,...

Economy
Study: How Some Main Street SMBs Digitally Outmaneuvered A Pandemic And Recession
March 11, 2021

The unlucky “Ides of March” — referring to the assassination of Julius Caesar on or about March 15, 44 BCE — renewed its myth millennia later when, on March 19, 2020, the first statewide COVID-19 shutdown in the U.S. was ordered. Within a month, American stores were...

Economy
New Unemployment Claims Drop For Third Consecutive Week
March 11, 2021

New jobless claims dropped to new lows for the third consecutive week as coronavirus cases continue falling and vaccine rollout gains momentum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
House Greenlights Biden COVID Bill
March 10, 2021

The U.S. House of Representatives gave the final OK on Wednesday (March 10) to the $1.9 trillion COVID-19 relief bill championed by President Joe Biden, who plans to sign the bill on Friday, according to CNBC. Get the Full Story Complete the form to unlock...

Economy
PPP Arrives At Critical Point For SMBs
March 10, 2021

The nation’s small businesses are facing an ignominious anniversary: nearly a year has passed since the first round of pandemic-related closures kicked off last year in California on March 19. What started in California quickly echoed out through all 50 states as state and local...

Economy
US COVID Relief Package Offers $28.6 Billion To Small Restaurants
March 10, 2021

After the U.S. House of Representatives passed the Restaurant Rescue Plan, which sets aside $25 billion for restaurants impacted by the pandemic as part of the Biden administration’s American Rescue Plan stimulus package, the bill headed to the Senate. On Saturday (March 6), the Senate...

Economy
Nacha, TCH Lead Consortium Against Garnishing Stimulus Checks
March 09, 2021

A consortium of 19 consumer and financial industry organizations, including The Clearing House (TCH), has asked Congress to protect the next round of stimulus payments from garnishment. The payments, which may be sent out as soon as the end of this month, can total as much...

Economy
OECD Urges Speedier Vaccine Rollout For Stronger Economic Recovery
March 09, 2021

While the rollout of COVID-19 vaccinations means a global economic recovery is in sight, the pace of inoculating populations must increase if the economy is to rebound, the Organization for Economic Cooperation and Development (OECD) said in a Tuesday (March 9) press release. Get the...