Economy

Economy
NFL Set To Penalize Players For Taking Unnecessary COVID-19 Risks
July 27, 2020

NFL teams pay athletes millions of dollars a year to risk crushing hits from 285-pound defensive tackles, but under a new policy, any player who risks exposing himself to the microscopic virus that causes COVID-19 faces potential fines and discipline. Get the Full Story Complete...

Economy
GOP COVID-Relief Plan Includes New Stimulus Checks And PPP, But Lower Jobless Benefits 
July 27, 2020

The opening salvo in what is sure to be a contentious fight for a new economic stimulus package was unveiled Monday (July 27). Senate Republicans officially unveiled their $1 trillion package, which proposed cutting extra pandemic-related unemployment benefits to $200 a week from the current...

Economy
America’s Work-From-Home Transition Will Have Many Economic Ripples
July 27, 2020

About 14 percent of U.S. employees worked remotely before the COVID-19 pandemic, according to Bureau of Labor statistics. And while official figures have yet to be released on how stay-at-home orders have upped that, a new study by Massachusetts Institute of Technology economist Erik Brynjolfsson and others estimates...

Economy
Poll: Economists Predict Two-Plus Years For US Economy To Recover
July 27, 2020

As lockdowns resume in many U.S. states from a surge in coronavirus cases, a poll suggests the economic recovery has slowed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
Fauci Encourages Return Of Sports, With Caution
July 26, 2020

There’s no question Dr. Anthony Fauci’s first pitch at the Washington Nationals’ season opener Thursday night against the New York Yankees was wild. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Wells Fargo CEO Calls For Cost-Saving Measures, Layoffs
July 26, 2020

Wells Fargo is engaging in significant cost-cutting, including layoffs, in a bid to become more lean amid the pandemic-induced financial crisis, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Coronavirus Refunds: Buffalo Bills Offer Credit, Reimbursement Options To Season Ticket Holders
July 26, 2020

As the pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to use. Sports teams are offering to provide season ticket holders with reimbursements or credits. Get the Full Story Complete the form...

Economy
How ‘Baseball In A Bubble’ Is Changing America’s Pastime
July 25, 2020

After a long delay, lots of negotiations and millions of desperate fans becoming concerned that the season was headed toward being a wholesale strikeout, Major League Baseball (MLB) has returned after a four-month COVID-related delay. Get the Full Story Complete the form to unlock this...

Economy
Coronavirus Refunds: Princess Cruises To Offer Credit With Bonus, Reimbursements For Canceled Cruises
July 23, 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 instances. Get the Full Story Complete the form to unlock this article...