With COVID-19 cases rising in Illinois, operators of small- to medium-sized businesses (SMBs) in heavily populated areas face new shutdowns — measures likely to be all the more painful economically because of looming winter weather that will make options such as outdoor dining unattractive, The...
Post-pandemic, digital dollars will make their way across supply chains drastically reconfigured, and China will be out of the picture as the dominant U.S. trading partner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
U.S. initial claims for unemployment insurance fell in the week ended Oct. 17 to, declining 55,000 from the week prior to hit a seasonally adjusted 787,000, the Department of Labor reported Thursday (Oct. 22). Get the Full Story Complete the form to unlock this article...
A top Fed official is warning more stimulus spending will be needed in order to turn a “K-shaped recovery” in the United States into one that is “broad-based and inclusive.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Many unemployed U.S. workers simply gave up trying to find work in September after months of the coronavirus pandemic and ensuing recession, the Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
U.S. House Democrats are signaling that progress is being made on talks about a new stimulus package. However, little indication that anything will be passed in the next two weeks before the November election, Financial Times (FT) writes. Get the Full Story Complete the form...
The hotel industry in China is back in business, experiencing year-over-year revenue growth despite the negative economic impact of the worldwide pandemic that locked down most of the globe, according to a Skift report on Tuesday (Oct. 20). Get the Full Story Complete the form...
“As the effects of the pandemic persist, we continue to search for ways to make life easier for our clients and those they serve. We look forward to doing more as the need arises,” says Alacriti Senior Vice President Stuart Bain. Here, he details how...
Special purpose acquisition companies (SPACs) are gaining traction in the payments space — but might there be speed bumps ahead? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
