Economy

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...

Economy
Las Vegas Not Near Normal As Casinos Curtail Offerings
July 23, 2020

In a sign that the Las Vegas Strip is not near its usual level of operations, Wynn Resorts Ltd. is positioned to put staffers on leave and close select operations on non-weekend days. Footfall in the city is said to be declining following the first...

Economy
Experts Tell House Committee They’re Divided Over $600-A-Week Extra Jobless Benefits
July 23, 2020

Experts disagreed on whether another round of stimulus should extend the highly controversial expanded jobless benefits, according to testimony provided before the U.S. House Committee on Financial Services on Thursday (July 23). Get the Full Story Complete the form to unlock this article and enjoy...

Economy
White House And Republican Senators Agree On $1T Stimulus Plan
July 23, 2020

The Republican version of the Coronavirus Aid, Relief and Economic Security Act (CARES Act) 4.0, has been hammered out. 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...

Economy
Jobless Claims Rise To 1.4M After 15 Straight Weeks Of Declines
July 23, 2020

After 15 consecutive weeks of falling, the number of Americans filing new unemployment claims increased last week as new cases of COVID-19 surged. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Higher Education Aims To Reduce Costs Amid Pandemic
July 22, 2020

Institutions of higher education are taking strong measures to stay on an even keel as they encounter less state funding, decreased contributions and a falling number of students. Some of the newest groups of people impacted by cost cutting are teachers, CNBC reported. Get the...