The coronavirus has wide-reaching effects on warehouse clubs, business travel, tourism and the economy as a whole. Here are the latest updates on its impacts around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
One of the most enduring stories of the record economic expansion that has marked the past decade has been the resilience of the U.S. consumer. And where the consumer goes, powering roughly two-thirds of the GDP, so goes the economy. Get the Full Story Complete the...
PayPal said that after thoroughly analyzing the evolving Coronavirus effect, it is anticipating about a 1 percent drop in its first-quarter 2020 revenue, closer to the lower end of the forecasted range of $4.78 to $4.84 billion. Get the Full Story Complete the form to...
The consumer confidence index, which measures people’s assessment of the business and labor environment, rose less than expected for the month of February, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Call the Coronavirus a short-term blip, perhaps, or a temporary shock. 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, PYMNTS Today. By completing...
A warm January led to utilities dropping 4 percent for the month as Americans reduced their reliance on heat, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Both factory output and a key measurement statistic for retail sales were down in January, signaling a slow start to the economy this year, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
January saw gains in U.S. employment as more people joined the labor market, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
China’s outbreak of the coronavirus has triggered travel bans that could end up costing the U.S. economy $10.3 billion in lost tourism dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
