Economy

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....

Economy
COVID-19 Benefits Aid Nontraditional Workers
July 07, 2020

The COVID-19 economic crisis seems to be exposing gaping holes in the U.S safety net. A case in point: some 12.9 million Americans are collecting unemployment benefits through a special program under the federal Coronavirus Aid, Relief, and Economic Security Act, better known as the...

Markets
‘Down’ Rounds And Investor Caution — Blip Or Trend?
July 07, 2020

The stock market swings can be confusing.   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 daily newsletter, PYMNTS Today. By completing this form, you agree...

Economy
Atlanta Fed Warns Recovery Could Stall As Outbreaks Surge
July 07, 2020

The uptick in U.S. coronavirus cases could dampen the recovery of the nation’s economy, according to a Federal Reserve official. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Economy
McConnell: Stimulus Checks An Option For Low-Income Workers
July 07, 2020

U.S. Senate Majority Leader Mitch McConnell said on Monday (July 6) that he could be open to more stimulus checks for individual Americans, NBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...