Economy

Economy
College Enrollments Declined Sharply This Fall
October 15, 2020

Enrollment at U.S. colleges and universities fell sharply this fall, with the steepest decline among first-year undergraduates, the National Student Clearinghouse Research Center reported on Thursday (Oct. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Second Coronavirus Wave Intensifies In Europe
October 15, 2020

Europe is going through a second wave of COVID-19 infections, with an escalating surge in new cases triggering another round of restrictions, including lockdowns, according to numerous reports on Thursday (Oct. 15).  Get the Full Story Complete the form to unlock this article and enjoy...

Economy
US Jobless Claims Rise By 53,000 To Hit 898,000
October 15, 2020

Jobless claims in the week ending Oct. 10 increased to 898,000, up 53,000 from the previous week’s number, which was revised to 845,000 from the initial 840,000, the U.S. Department of Labor (DOL) reported on Thursday (Oct. 15). Get the Full Story Complete the form...

Economy
IMF: Further Fiscal Stimulus Would Help US Economy
October 14, 2020

The International Monetary Fund (IMF) said the U.S. could help its economy by providing further stimulus payments, according to a transcript of a recent press briefing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
WeWork Cuts Rents To Keep Clients
October 14, 2020

In an effort to hang on to customers during tough times, WeWork is cutting its rents as people continue to largely work from home, according to a Financial Times (FT) report Wednesday (Oct. 14). Get the Full Story Complete the form to unlock this article...

Economy
Dutch Bank Head: Next COVID Wave Won’t Hit Economy As Hard
October 13, 2020

While coronavirus infections continue to rise in Europe, they’ll likely have less of an economic impact this time around, Klaas Knot, Dutch central bank president and European Central Bank board member, said on Tuesday (Oct. 13), Reuters reports. Get the Full Story Complete the form to...

Economy
McConnell Pledges COVID-19 Stimulus Vote This Month
October 13, 2020

U.S. Senate President Mitch McConnell (D-Ky.) said on Tuesday (Oct. 13) that the body will take up a COVID-19 relief measure before the end of October. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Prices In Urban Areas Rose 0.2 Pct In September
October 13, 2020

The federal government’s Consumer Price Index (CPI) for residents of urban areas rose 0.2 percent in September, driven largely higher prices for used cars and trucks, the Bureau of Labor Statistics announced Tuesday (Oct. 13). Get the Full Story Complete the form to unlock this...

Economy
IMF Upgrades GDP Forecast To -4.4 Pct Growth
October 13, 2020

The International Monetary Fund has upgraded its global real gross domestic product (GDP) forecast for 2020 to -4.4 percent in October from -5.2 percent in June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...