Economy

Economy
Infection Report Causes Drop In Planet Fitness Shares
June 29, 2020

Planet Fitness shares fell 6.3 percent following reports of possible coronavirus infections at a West Virginia location, Bloomberg reported. 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
New Report: How A Global Pandemic Created A Digital-First Customer In 12 Weeks
June 29, 2020

On March 11, 2020, the World Health Organization declared COVID-19 a global pandemic. Then, cases in the U.S. had hit 1267 and there were 38 deaths, most of them concentrated north of Seattle, Washington. Worldwide, there were a reported 120,000 cases and 4,300 deaths. The...

Economy
San Francisco To Delay Next Wave Of Reopenings Amid COVID Spike
June 28, 2020

San Francisco’s planned next phase reopening scheduled for Monday (June 29) for outdoor bars, hair salons, museums and more has been put on hold. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Coronavirus Refunds: Airlines Promise To Reimburse Travelers With Fevers For Tickets
June 26, 2020

As the coronavirus pandemic continues to disrupt everyday life the world over, some consumers might not be healthy enough to travel. And airlines are vowing to provide refunds to those who are not allowed to board airplanes due to a fever if the federal government...

Economy
Study: Higher Spending On Dining Out Could Forecast A Rise In The Virus
June 26, 2020

Aa JPMorgan study suggests a connection between increased spending on dining out and a quicker proliferation of COVID-19. Jesse Edgerton, an analyst, discovered that heightened eatery spending in a state forecast a new instances of the virus in that location three weeks subsequently, CNBC reported. Get...

Economy
Consumer Spending Spree Now Tempered By Coronavirus Concerns
June 26, 2020

U.S. consumer spending skyrocketed in May for the biggest jump on record, but the news was offset by a drop in personal income and the threat of another wave of economic disruption as coronavirus infections surge in the Sunbelt and now in California as well....

Economy
Coronavirus Refunds: 2020 Hall Of Fame Game Ticket-Holders Get Reimbursement Option
June 25, 2020

As the pandemic continues to disrupt everyday life the world over, many consumers want compensation for things they paid for but aren’t able to use. Sports fans for postponed events are receiving the option to use their tickets for a future occasion or receive a...

Economy
Survey Finds Financial Stress High Among Millennials, Gen Z
June 25, 2020

While younger people in the millennial and Gen Z age groups report high levels of stress in a recent survey, the COVID-19 pandemic is not necessarily the main reason for that, CNBC reports. Get the Full Story Complete the form to unlock this article and...

Economy
Texas Halts Reopening Plans As COVID Cases Spike
June 25, 2020

As coronavirus cases spike in Texas, the state’s officials have walked back their reopening plans for the state, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....