Consumer confidence hit a three-month high in February as cases of COVID-19 continue to drop and vaccine distribution expands, according to a Tuesday (Feb. 23) report from The Conference Board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
An unintended side effect of the pandemic has been that younger Americans have found it more freeing to work from home and move to areas of their liking, even those outside of big areas where their corporate offices are located, according to a report from...
Royal Caribbean CEO Richard Fain said he has seen a number of signs that the cruise industry could recover from its pandemic-related economic strife, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In a move that furthered a leading focus for President Joe Biden in the direction of a complete House vote, the budget committee of the U.S. House green-lighted legislation with $1.9 trillion in further pandemic aid. The effort moved through the panel on a 19...
President Biden plans to rework the U.S. Paycheck Protection Program (PPP) so that smaller companies, those in underserved communities and those owned by minorities gain increased access to the program. The widely reported changes will kick off Wednesday (Feb. 24) with a two-week span when...
Despite the plummeting number of new COVID-19 infections in the United States, “we’re not out of the woods yet,” National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci said in an interview broadcast Sunday (Feb. 21) on NBC News’s “Meet the Press.” Get...
Blue-collar workers for the most part are faring better than white-collar workers during the pandemic-induced recession, something of a flip compared to other recent economic downturns, The Wall Street Journal (WSJ) reported Sunday (Feb. 21). Get the Full Story Complete the form to unlock this...
Fourth-quarter eCommerce sales in 2020 topped out at almost $207 billion, a 1.2 percent drop from the third quarter, but up 32.1 percent compared to the same period in 2019, the Census Bureau of the Department of Commerce reported on Friday (Feb. 19). Get the...
Countries that largely depend on exporting manufactured goods are starting to see economic recovery, even as service-oriented businesses continue to suffer from the pandemic’s toll on revenue, The Wall Street Journal reported on Friday (Feb. 19). Get the Full Story Complete the form to unlock...