Consumers want to get out. PYMNTS’ recent consumer studies point to that fact, as almost half of Americans we surveyed (48.9 percent) report being bored shut in their homes, 50 percent want to travel domestically and 19.9 percent hope to resume international travel. The travel and tourism industry...
Edward Altman has bad news for the nation’s publicly-traded businesses struggling to stay solvent since COVID-19 struck three months ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Independent Restaurant Coalition (IRC) has proposed a $120 billion relief package to prevent further closures and job losses due to COVID-19. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Unemployment claims fell slightly to 1.5 million last week, the 11th consecutive week the jobless numbers have declined, but higher than economists expected, according to new data from the U.S. Department of Labor released Thursday (June 18). Get the Full Story Complete the form to...
As lawmakers battle over another stimulus package, Federal Reserve Board Chairman Jerome Powell told Congress a recovery would be at risk if federal relief is withdrawn from Americans and the nation’s small businesses. Get the Full Story Complete the form to unlock this article and...
For the first time since U.S. home construction collapsed in March, the sector rebounded in May after steep declines caused by COVID-19 shutdowns, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Get the Full Story Complete the form to...
You know the setup — the one that’s part of seemingly every horror movie ever made. Would-be victims use their wits to outrun hordes of moaning zombies, but a few folks always get caught and disappear in a grisly, lip-smacking, bone-crunching gore-fest. Will so-called “zombie...
Federal Reserve Chair Jerome Powell said Tuesday (June 16) that the economy under the pandemic has continued to cause pain to American citizens despite the appearance of stabilization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Idaho is betting cash bonuses will be enough to lure workers back to their jobs amid coronavirus anxiety and untypically generous unemployment benefits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
