Economy

Economy
SMBs Look For Lawsuit-Liability Protection As They Plan Reopening
June 16, 2020

Main Street shops and restaurants are preparing to reopen in the safest way they can conceive of — with things like masked staff, temperature checks, gloves and frequent sanitizing sessions. But small and medium-sized business (SMB) owners like Chris Purcell, owner of Firehouse Subs in Elizabeth...

Economy
Idaho Offers Cash Bonuses To Entice Wary Workers Back
June 16, 2020

Idaho is betting cash bonuses will be enough to lure workers back to their jobs amid coronavirus anxiety and untypically generous unemployment benefits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Personae Of The Great Reopening
June 16, 2020

Beginning March 23 and tracking more than 14,000 U.S. consumers to date to assess changes in attitudes and activities during the pandemic, PYMNTS’ latest installment in our Navigating The COVID-19 Pandemic series, The Great Reopening: Shifting Preferences, shows that more people want to head outdoors,...

Economy
Coronavirus Refunds: Kenny Chesney Fans Can Get Reimbursed For Delayed SoFi Concert
June 15, 2020

As the coronavirus pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to use. Concertgoers are receiving the option to get refunds for tickets to postponed events. Get the Full Story Complete the...

Economy
Airlines Are Using Frequent-Flyer Programs As Collateral For Loans To Stay Alive
June 15, 2020

In times of crisis, we mortgage what we have to get to where we need to be. 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...

COVID-19 ‘Miracle’ Survivor Gets $1M Bill
June 15, 2020

Michael Flor may have more lives than a cat. 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,...

Economy
Kudlow Slams $600-A-Week Extra Jobless Benefits, Says Trump Might OK Back-To-Work Bonus
June 15, 2020

White House Economic Adviser Larry Kudlow said in a CNN interview that the $600-a-week funds that Americans receive on top of regular unemployment benefits might end on July 31 as previously planned. However, he said President Donald Trump is mulling a measure that would offer...

Economy
24 Hour Fitness Seeks Chapter 11 Bankruptcy Protection
June 15, 2020

24 Hour Fitness, the privately owned gym chain, announced Monday (June 15) that it filed for Chapter 11 bankruptcy protection, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Fed’s Kaplan: Unemployment Rate May Stay As High As 8 Pct
June 14, 2020

In an interview with “Face the Nation,” Dallas Federal Reserve President Robert Kaplan said he expects some recovery in the unemployment rate this year, although it will still likely be very high at the end of the year. Get the Full Story Complete the form...