Economy

Economy
Pfizer Vaccine Data Delayed; Fed Halts Clinical Trial
October 27, 2020

Any remaining hope for an end to the coronavirus crisis within the next few months appears to be fading, with two more setbacks on the research front emerging on Tuesday (Oct. 27). Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Senate Goes Into Recess Without A New Stimulus Deal Before The Election  
October 27, 2020

Congress has not yet arrived at another stimulus deal after months of discussions, while the probability that anything will be ratified before the election on Nov. 3 is, in effect, zero as Senate Majority Leader Mitch McConnell indicated that the legislative body will be out...

Economy
Amid Rising COVID-19 Cases And Lockdowns, World Waits For Vaccine
October 27, 2020

With COVID-19 cases surging and no vaccine ready, people are anticipating at least another year before they’re ready to fully return to how they lived before the pandemic, according to a study by PYMNTS. Get the Full Story Complete the form to unlock this article...

Economy
Orders For Cars, Transportation Equipment Rebound In September
October 27, 2020

The U.S. economy may be rebounding faster than previously thought, with orders of durable goods – from cars to communications equipment – handily beating estimates for September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Nium: A Time To Improve Unit Economics
October 27, 2020

“At Nium, our focus has always been on use-case and product diversification. The recent pandemic has only reiterated this need,”says Prajit Nanu, co-founder and CEO of Nium. Here, he shares how Nium has used the pandemic as an opportunity to improve its unit economics, leading...

Economy
Locked Down And Looking Up: New Predictions On Pandemic Recovery
October 27, 2020

What does the shape of recovery look like? Even with a new surge of virus cases coming, MerchantE Chief Financial Officer Shimon Steinmetz says that an Airbnb IPO and increased mortgage applications are the positive economic tea leaves we need to see.

Markets
Stocks Dip Amid New COVID Restrictions Fears
October 26, 2020

The lack of a new stimulus deal and surging coronavirus cases are having a negative effect on the stock market, which dropped 650 points on Monday (Oct. 26), The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article...

Economy
EU’s Second Wave Of Shutdowns Threatens Recovery
October 26, 2020

COVID-19 cases are starting to spike in the United States and around the world — carrying with them a new wave of restrictions and shutdowns across Europe as leaders try to contain the virus. Get the Full Story Complete the form to unlock this article...

Economy
US Economy Up As Europe Declines Amid COVID Resurgence
October 25, 2020

The faster spread this fall of COVID-19 in Europe compared to the spread in the United States during the same period has left Europe’s economy sputtering even as the U.S. economy continues to come back to life, according to new data cited by The Wall...