Economy

Economy
COVID Vaccine Adoption Creates New Class Of Influencer
December 03, 2020

Boris Johnson gets his COVID vaccine in public. Three U.S. presidents agree to do the same. The CEO of American Airlines takes his beleaguered 737 Max jet on a maiden voyage. All of it begs the question: What makes for being a good influencer as...

Economy
Jobless Claims Slightly Dip To 712,000 As Coronavirus Cases Surge
December 03, 2020

Initial jobless claims for the week ending Nov. 28 dipped to 712,000, down 75,000 from the previous week’s revised level even as states renewed lockdown measures amid a second wave of the coronavirus pandemic. New claims the previous week were revised up by 9,000 to...

Economy
About One-Third Of US Could Be Vaccinated By Spring, Says Trump’s COVID Vaccine Czar
December 02, 2020

Dr. Moncef Slaoui, who acts as President Donald Trump’s COVID-19 vaccine czar, said the U.S. should have enough vaccines to immunize 100 million people by the end of February, CNBC reported, citing a briefing attended by reporters. Get the Full Story Complete the form to...

Economy
$908 Billion COVID Stimulus Proposal Has Pelosi, Schumer Support
December 02, 2020

On Wednesday (Dec. 2), House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer backed a bipartisan plan for $908 billion for a coronavirus stimulus, CNBC reported, and they encouraged Senate Majority Leader Mitch McConnell to get behind it, too. Get the Full Story Complete...

Economy
ADP: Private Sector Jobs Up, But Short Of November Forecasts
December 02, 2020

Jobs in the private sector across all industries went up by a lower-than-expected 307,000 last month, missing forecasts of 410,000 by economists and below October’s 404,000, according to the monthly ADP National Employment Report released Wednesday (Dec. 2). Get the Full Story Complete the form to...

Economy
Paying People To Get Vaccines: The Ultimate Economic Stimulus?
December 02, 2020

Among the economic principles you’ll find in textbooks: People do what they find rewarding. That includes preventive health, where it takes some incentives to get them to engage in making healthier lifestyle choices, and in sticking with that behavior. Get the Full Story Complete the...

Economy
COVID Surge Sends Americans Back To Work At Home In Another Economic Hit To Cities
December 02, 2020

Stagnant rates of U.S. employees returning to their offices is signaling another slowdown for the country’s economy, The Wall Street Journal (WSJ) writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
$908 Billion Bipartisan Coronavirus Stimulus Bill Met With Counterproposal From Senate Republicans
December 01, 2020

A long-running battle over the stalled sequel to the spring’s $2 trillion coronavirus relief package is heating up again in Washington, according to a report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
OECD: China To Lead 2021 World Economic Recovery While Europe Lags
December 01, 2020

China is forecast to be the first major economy to recover from the global pandemic recession, with Europe lagging behind, according to the Organization for Economic Cooperation and Development (OECD). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...