Economy

Economy
Cottagecore, Wine Windows And Turning To The Past For Present Comfort
August 08, 2020

It started with the bread baking. Pushed by shutdown orders, limited supply and millions of consumers looking for something to do to fill their newfound hours of free time amid shutdowns, many people began making bread. Get the Full Story Complete the form to unlock this...

Economy
Democrats And Trump Administration Said To Resume Stimulus Talks
August 07, 2020

Negotiators for the White House and congressional Democrats were expected to resume efforts at 1 p.m. Friday (Aug. 7) to reach a deal that would lead to a second round of economic stimulus payments. Get the Full Story Complete the form to unlock this article...

Economy
US Unemployment Rate Drops To 10.2 Pct
August 07, 2020

The nation’s economy added 1.8 million jobs in July, slightly better than analysts’ expectations, while the unemployment rate fell to 10.2 percent, the U.S. Labor Department reported on Friday (Aug. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Study: California Sees More Than Half Of Unemployment Applicants A Second Time
August 06, 2020

Evidence of the U.S. economic recovery’s unpredictability in the wake of the coronavirus pandemic is on display in California. 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...

Economy
Lawmakers Plan For New Stimulus Package By Friday
August 06, 2020

Lawmakers are working to reach a deal on the next stimulus package before Friday (Aug. 7), which could deliver a second round of $1,200 checks as early as next week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
US Jobless Claims Fall To 1.2M In Latest Week, But Top 55M Since Pandemic Began
August 06, 2020

The number of Americans who filed for unemployment benefits fell last week after two consecutive weeks of increases, the U.S. Department of Labor (DOL) reported Thursday (Aug. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
The 5 Things That Will Help Main Street SMBs Get Back On Their Feet
August 05, 2020

Since all hell broke loose in March, PYMNTS tracking of COVID-19’s impact on small and medium-sized businesses (SMBs) — and consumer spending that favored them over category killers like Amazon and Walmart — has formed a picture of radical, disquieting change. Get the Full Story Complete the...

Economy
NYC Quarantine Violators Could Face Fines Of Up To $10K
August 05, 2020

Visitors to New York City who are caught coming from states with high rates of COVID-19 could be assessed a hefty fine due to a new state quarantine order. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Senate SMB Chair Warns Of Small Business Layoffs Without PPP Aid
August 05, 2020

Small businesses across the country could face a looming meltdown with massive layoffs should Congress fail to include more money for the Paycheck Protection Program (PPP) in the latest coronavirus relief bill, a top Republican warns. Get the Full Story Complete the form to unlock...