Economy

Economy
Minneapolis Fed President Kashkari Urges 4-6 Week ‘Hard’ Shutdown
August 02, 2020

The U.S. economy would be best served if the nation were to be locked down for up to six weeks, Minneapolis Federal Reserve Bank President Neel Kashkari advised. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Coronavirus Refunds: LSU Provides Reimbursement, Rollover Options For Season Tickets
July 31, 2020

As the pandemic continues to disrupt everyday life the world over, consumers in many cases might want refunds on things they have already paid for but may not be able to use. Universities are offering reimbursements, credits, or donation options for season tickets. Get the...

Economy
US Personal Income Down, Spending Up In June
July 31, 2020

Disposable personal income fell by 1.4 percent in June to $255 billion while personal spending increased $738 billion, a nearly 6 percent rise, according to the Bureau of Economic Analysis, an agency of the U.S Department of Commerce. Get the Full Story Complete the form to unlock...

Economy
The Big U.S. GDP Crash Reverses Economic Growth Of Last 11 Years
July 30, 2020

“Worst quarter ever.” It sounds like a bit of hyperbole, but that’s an accurate description of the quarter that started in March and ended in June as COVID-19 was raging. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Coronavirus Refunds: Ohio State Buckeyes To Refund Ticket Holders
July 30, 2020

As the pandemic continues to disrupt everyday life the world over, consumers in many cases might want refunds on things they have already paid for but may not be able to use. Universities are offering credits, reimbursements or donation options for season tickets. Get the...

Economy
40M Americans Could Be Evicted Due To Pandemic
July 30, 2020

With the pandemic still ongoing, as many as 40 million Americans may end up losing their homes, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Economy
United Chatbot To Help Ease COVID Concerns Among Jittery Passengers
July 30, 2020

Getting ready to fly and fretting, as the coronavirus rages on, about how safe the air inside the plane will be? Wondering just how much of a wipe-down your seat and tray will be getting from the cleaning crews? Get the Full Story Complete the...

Economy
US GDP Falls By A Record 32.9 Pct
July 30, 2020

There was more bad news Thursday (July 30) as the U.S. economy experienced its worst hit since the Great Depression in the second quarter (Q2) as COVID-19 brought the country to a standstill for a second time. Get the Full Story Complete the form to...

Economy
US Jobless Claims At 1.4M For Second Week
July 30, 2020

For the second consecutive week, the number of Americans filing new unemployment claims increased last week as new cases of COVID-19 continued to surge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...