Economy

Economy
Fed Chair Powell: Economic Recovery Depends On Success In Controlling Pandemic
July 29, 2020

Federal Reserve Chair Jerome Powell said Wednesday (July 29) that the road to economic recovery is “extraordinarily uncertain” and will be heavily influenced by how well the country keeps the pandemic under control. Get the Full Story Complete the form to unlock this article and...

Markets
Can Kodak’s (New) Moment Last?
July 29, 2020

With a share price soaring hundreds of percentage points (so far) this week alone, Eastman Kodak is having a moment. 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
Coronavirus Refunds: Norwegian Cruise Line To Provide Travelers With Credits, Reimbursements
July 29, 2020

As the coronavirus pandemic continues to disrupt everyday life the world over, many consumers want compensation for things they paid for but aren’t able to use. Cruise lines are offering credits for voyages in some cases. Get the Full Story Complete the form to unlock this article...

Economy
Democrats, Republicans Feud Over Newest Stimulus Plan
July 28, 2020

Unlike the CARES Act, which passed Congress in March with bipartisan support to deliver $2 trillion in economic relief to the country, this time Republicans and Democrats can’t even agree on what to name the new COVID-19 stimulus plan. Get the Full Story Complete the...

Economy
Consumer Confidence Points To Rough Retail Holiday Season
July 28, 2020

A new spate of data show consumer confidence might be on shaky ground — even as we head into the all-important holiday shopping season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Coronavirus Refunds: UNC To Offer Reimbursements, Credits, Contribution Options For Season Tickets
July 28, 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, in one case, are offering credits, reimbursements or donation options for season...

Economy
ECB Says EU Banks May Be In Trouble If Economic Crisis Worsens
July 28, 2020

The European Central Bank (ECB) is warning its members could face more challenges if the economic crisis deepens, CNBC reported. 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
Consumer Electronics Show Goes Virtual Due To COVID
July 28, 2020

The giant Consumer Electronics Show (CES), which draws tens of thousands of marketers, tech enthusiasts and reporters each year to Las Vegas, has become the latest victim of the resurgent coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
US Manufacturing Shows Signs Of Improvement
July 27, 2020

The U.S. manufacturing sector increased in viability in June by 7.3 percent, or $14 billion — although the numbers might not hold if the pandemic continues to threaten recovery, according to a report from the U.S. Census Bureau. Get the Full Story Complete the form...