Economy

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...

Economy
A Third Of US Companies Slashed Worker Pay For Pandemic
July 06, 2020

A new survey by global outplacement and executive and business coaching firm Challenger, Gray & Christmas found that 30 percent of companies have cut pay in response to the pandemic, the company announce in a press release. Get the Full Story Complete the form to...

Economy
Air Travel Soared Over July 4, But Sector Still Grounded Compared to Last Year
July 06, 2020

The number of passengers who went through U.S. airports at the start of July nearly doubled from a month ago, federal data shows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Federal College Aid Applications Fall As Pandemic Upsets Student Plans
July 06, 2020

The count of high school seniors seeking federal college aid dropped by almost 50 percent compared to levels in 2019 in the beginning weeks of the COVID-19 health crisis, which was driven by a sharp fall when it came to students at schools with more...

Economy
Number Of Homeowners In Mortgage Bailout Program Drops By 104K
July 06, 2020

The number of homeowners in the mortgage bailout program under the federal CARES Act fell by 104,000 from June 23 to June 30 — the largest one-week drop since the start of the program, reported CNBC. Get the Full Story Complete the form to unlock...

Economy
Coronavirus Refunds: Tennessee Titans Plan To Offer Reimbursement, Credit Options
July 06, 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, in one case, are offering to provide reimbursements or credits to season ticket holders....

Economy
Expert: Job Reports Missed Troubling Trend
July 06, 2020

Crossmark Global Investments, the Texas money management team, said last week’s jobs report had a giant hole in it.  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...