Economy

Economy
Proposed Payroll Tax Cuts Could Make Paychecks Larger
July 17, 2020

If the coming pandemic relief package does not come with a payroll tax cut, President Trump has indicated this week that he will not sign the legislation. The president’s past advocacy for this approach, which could make paychecks lager for workers, has encountered bipartisan resistance,...

Economy
New York City Mayor De Blasio Says Phase 4 Reopening To Start Monday
July 17, 2020

New York City Mayor Bill de Blasio said the city is set to enter the last phase of reopening on Monday (July 20), Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
To Mask Or Not To Mask: BlackRock CEO Weighs In
July 17, 2020

BlackRock CEO Larry Fink has three words of advice for Americans who want to help the U.S. economy recover from the COVID-19 crisis: wear a mask. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Salesforce Chief Calls For Fine For People Not Wearing Masks
July 17, 2020

Salesforce CEO Mark Benioff wants to see face masks become a universal part of American life — in the same way seatbelts are — to help beat the coronavirus, he said in a talk with CNN Business. Get the Full Story Complete the form to...

Economy
Coronavirus Refunds: The Chargers Offer Season Ticket Holders Reimbursement, Rollover Options
July 16, 2020

As the pandemic continues to disrupt everyday life the world over, many consumers are seeking refunds on things they have already paid for but may not be able to use. Sports teams, in one case, are offering refund and credit options to those who have...

Economy
College Students Seek Lower Fall Tuition As Schools Plan To Stick With Digital Classes
July 16, 2020

Some college students are demanding lower tuition for the coming academic year because many schools are moving toward partial or complete online instruction instead of in-person classes due to the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
June Retail Sales Rise 7.5 Pct From May
July 16, 2020

Back in April, the news on the retail front was gloomy, to say the least, with sales plunging by a record 16.4 percent. But that was back when the COVID-19 pandemic first hit, triggering an epic economic collapse. Get the Full Story Complete the form...

Economy
Weekly US Jobless Claims Again Exceed 1M
July 16, 2020

For the 17th consecutive week, the number of Americans who filed for unemployment benefits exceeded 1 million. 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
Restaurant Association Seeks Federal Help To Stabilize Industry
July 15, 2020

The National Restaurant Association has issued a Blueprint for Restaurant Revival to help stabilize and stimulate the industry, including funding for restaurants and at-risk communities in need of help, according to a press release. Get the Full Story Complete the form to unlock this article...