Amid a resurgence of COVID-19 cases, a new national lockdown was announced in the U.K. that will take effect on Thursday (Nov. 4) and continue through Dec. 2, according to new guidance issued by the government on Monday (Nov. 2). Get the Full Story Complete...
With federal protections on mortgage delinquencies and evictions that were put in place during the COVID crisis set to end December 31st, a growing backlog of non-payment by both owners and renters poses a major threat to the nation’s economic recovery. Get the Full Story...
Accelerating demand for durable goods like cars and appliances is kicking up manufacturing at Asian and European factories despite rising cases of COVID-19, according to a Wall Street Journal (WSJ) report on Monday (Nov. 2). Get the Full Story Complete the form to unlock this...
The COVID-19 numbers are bad almost every place one looks in the United States and Europe. It isn’t much of an exaggeration to say that on the eve of the holiday season, leaders, politicians and medical experts worldwide are preparing for the worst. Get the Full Story...
Economic headwinds abound. This week marks the culmination of an election season like no other. Virus cases are rising. 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...
New York Gov. Andrew Cuomo is doing away with his policy of requiring travelers from COVID hotspots to quarantine, and will now instead be asking them to get tested for the virus before entering the state, CNBC reports. Get the Full Story Complete the form...
Even though many companies recently reported earnings that showed a faster-than-expected bounce back from the pandemic, executives remain leery about the foreseeable future, The Wall Street Journal (WSJ) reported Sunday (Nov. 1). Get the Full Story Complete the form to unlock this article and enjoy...
After what’s felt like a drumbeat of bad news about rising COVID-19 caseloads and economic problems around the world, there’s finally been a few breaths of good news. U.S. and European gross domestic product are bouncing back, while U.S. consumer spending is improving as well. Get...
September was the fifth consecutive month that U.S. personal income went up, posting an increase of 0.9 percent, the U.S. Bureau of Economic Analysis (BEA) reported on Friday (Oct. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...