Economy

Economy
New Data Shows Eurozone Sliding Into Second Recession
January 22, 2021

The latest surge of COVID-19 infections is pushing the Eurozone into a second recession, squashing hopes for a near-term rebound of the global economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Corporate America Steps Up To Aid COVID Vaccine Effort
January 21, 2021

Some of the nation’s top executives have been reaching out to state and federal officials to offer their companies’ services to help speed the delivery and administration of COVID-19 vaccinations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
i2C: Embracing Connectedness And Unpredictability
January 21, 2021

“Dealing with a lot of abstraction and contemplating a lot of contingencies is not easy,” noted Amir Wain, founder and CEO of i2C, in “A Look Forward: What Executives Wish for America and the World in 2021.” Read on for Wain’s insights on how firms...

Economy
New Jobless Claims Dip Below Forecasts
January 21, 2021

New jobless claims dipped to 900,000, down 26,000 from the previous week’s revised level and below economists’ forecasts of 925,000, according to the weekly report released Thursday (Jan. 21) by the Bureau of Labor Statistics (BLS).  Get the Full Story Complete the form to unlock this...

Economy
Transport Trade Group Brings Airlines And Vaccine IDs Into The Digital Age
January 21, 2021

At some point, though it may seem to be far away, air travel is going to resume. It may take a while. But businesspeople will want face to face meetings instead of Zoom. Parents will want to visit theme parks. Grandparents will want to visit...

Economy
Amazon Says Its Ready To Assist US With COVID-19 Vaccine Effort
January 20, 2021

Amazon said it is ready to help with the COVID-19 vaccination efforts of the Biden administration, according to a letter addressed to President Joe Biden from Amazon CEO of Worldwide Consumer Dave Clark obtained by PYMNTS. Get the Full Story Complete the form to unlock...

Economy
Restaurants Report Revenue Hikes After $900 Billion Stimulus
January 20, 2021

Restaurant chains say the recent personal stimulus checks have helped them out, a Wall Street Journal report says, though spending patterns from last time around suggest that might not last. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
One Year Later: Five Ways COVID Has Changed The Digital Consumer
January 20, 2021

Apart from being Inauguration Day in Washington, D.C., January 20, 2021 is also an important date for an almost completely unconnected reason. It was one year ago today that the first case of COVID-19 was diagnosed in the United States. Officially, the first case was...

Economy
European Banks Lend Less, Fearing Bad Loans During Pandemic
January 19, 2021

Euro area banks have scaled back lending in order to shield against risk, a new European Central Bank (ECB) survey says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...