Economy

Economy
California Goes Back Under Lockdown
July 13, 2020

The number of coronavirus cases in the U.S. surpassed 3.3 million on Monday (July 13) as the nation’s death toll exceeded 135,000, according to Johns Hopkins University. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
US Deficit Now At $3T With Stimulus Spending
July 13, 2020

The annual U.S. budget deficit rose above $3 trillion for the year ending in June amid plummeting tax revenues due to mass unemployment and shuttered businesses during lockdown periods, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and...

Economy
Coronavirus Refunds: Aerosmith Ticket Holders Offered Carry Over, Reimbursement Options
July 13, 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. Credits or refunds are now being offered to those who have purchased concert tickets. Get...

Economy
Economists Say 68 Pct Of Unemployed Workers Collected More Than Their Regular Wages
July 12, 2020

In three weeks, the $600 federal jobless benefit that has been added to the state’s unemployment checks will end. 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
Coronavirus Refunds: 49ers Provide Reimbursement, Credit Options For Season Ticket Holders
July 10, 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 reimbursements or credits for later use. Get the...

Economy
What Digital 3.0 ‘Convenience Shifters’ Want From Merchants
July 10, 2020

Shapeshifting is rarely convenient (ask any werewolf), but in the case of a newly-minted persona that PYMNTS calls the “convenience shifter” some COVID-era behavioral changes aren’t all bad. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
BoA: Big Restaurants Are Recovering Quicker From Pandemic
July 09, 2020

Big restaurant chains are faster to recover from the pandemic as compared to smaller independent eateries, Bank of America (BoA) said, as reported by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Coronavirus Refunds: Kansas City Chiefs Provide Reimbursement, Credit Options To Season Ticket Holders
July 09, 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
Mnuchin: Any PPP Extension Would Be ‘More Targeted’
July 09, 2020

At a time when many businesses have used up the funds they’ve received from the Paycheck Protection Program (PPP), U.S. Treasury Secretary Steven Mnuchin said in a televised interview that “bipartisan work” on a potential extension is underway. Get the Full Story Complete the form...