Economy

Economy
UK Moves To Support Jobs, Boost Economic Recovery
July 08, 2020

The British government will provide cash bonuses and other incentives to employers that re-hire workers who were laid off as a result of COVID-19, Chancellor of the Exchequer Rishi Sunak told Parliament on Wednesday (July 8). Get the Full Story Complete the form to unlock...

Economy
What Happens If COVID Prompts Consumers And Businesses To Flee Cities?
July 08, 2020

Might one casualty of the coronavirus be the city center? One of the pandemic’s effects has been to spur individuals and companies to physically relocate from their city’s downtown area to its outskirts. Get the Full Story Complete the form to unlock this article and...

Economy
Coronavirus Refunds: Pittsburgh Pirates Unveil Rollover, Reimbursement Policies
July 08, 2020

As the pandemic continues to disrupt everyday life the world over, consumers might want refunds on things they have already paid for but may not be able to use. Sports teams are offering to provide credits or refunds to their fans. Get the Full Story...

Economy
Rocky Road Confronts Digital (And Hesitant) Consumer For Rest Of 2020
July 08, 2020

For the digital consumer — for the U.S. economy — a recovery is in the cards, yes. 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
Landry’s CEO Calls For Federal Rules On Reopening
July 07, 2020

Billionaire business owner Tilman Fertitta, who is the CEO of restaurant corporation Landry’s, said the U.S. needs nationwide rules for how businesses can reopen, calling it “literally ridiculous” to keep closing and reopening as the virus temporarily wanes and surges, CNBC reported. Get the Full...

Economy
Coronavirus Refunds: Cleveland Indians Unveil Credit, Reimbursement Options
July 07, 2020

As the pandemic continues to disrupt everyday life the world over, consumers might want refunds on things they have already paid for but may not be able to use. Sports teams, for instance, are offering to provide credits or refunds. Get the Full Story Complete...

Economy
More Cash Payments Would Speed Up Recovery, Economists Say
July 07, 2020

An open letter signed by more than 150 economists in concert with two public policy groups asks the government to provide more cash for individuals in a manner similar to the distribution of $1,200 per person earlier this year. Get the Full Story Complete the...

Economy
Pew Study: 9 Pct Of Young Adults Relocated Due To Pandemic
July 07, 2020

As they left places that were deemed unsafe, housing they could no longer afford or university dorms that had suddenly been shuttered, millions of people in the United States moved in 2020 due to the pandemic. A new Pew Research Center study found that 22...

Economy
Airline Recovery Stalls Amid COVID-19 Uptick
July 07, 2020

Potential air travelers are grounding themselves to the extent that airlines are suffering bookings declines as severe as those seen when COVID-19 first surged in the United States in March, the Wall Street Journal reported Tuesday (July 7), citing an internal United Airlines Holdings Inc....