Economy

Economy
USDA OKs Over $545M To Help Farmers Impacted By Pandemic
June 08, 2020

The USDA’s Farm Service Agency has approved over $545 million in payments for the Coronavirus Food Assistance Program (CFAP) to farmers and agriculture workers in need of financial aid due to the coronavirus, according to U.S. Secretary of Agriculture Sonny Perdue, as reported by the...

Economy
Economic Research Bureau Says US Is Officially In Recession
June 08, 2020

If there was any doubt that the U.S. is in a recession, the nation’s scorekeepers made it official on Monday (June 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
NY Fed Report Finds Economic Optimism Up In May
June 08, 2020

Americans are becoming slightly more optimistic about the economy after months of pessimism due to the coronavirus pandemic, The Wall Street Journal reported, although many families are hesitant about possible inflation forcing food and gas costs higher than before. Get the Full Story Complete the...

Economy
Coronavirus Refunds: United Airlines Reinstates Two-Hour Refund Policy
June 08, 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. Airlines are offering refunds for air travel in some cases. Get the Full Story Complete the form to unlock this article...

Economy
US Digital Travel Sales To Drop 44.7 Pct Amid Popularity Of Car Trips
June 08, 2020

U.S. digital travel sales are estimated to plummet by 44.7 percent this year, according to an eMarketer post, and total sales are estimated to clock in at $115.27 billion compared to the $208.44 billion seen last year. Get the Full Story Complete the form to unlock this...

Economy
UK’s National Health Service Gave Tech Giants Access To Millions of Britons’ Health Records
June 08, 2020

United Kingdom officials gave a California software company access to the private personal data of millions of British residents to answer questions around COVID-19, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Behind The Euphoric May Jobs Report Are Some Troubling Signs
June 08, 2020

After the euphoria, perhaps a reckoning. 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 to...

Economy
And The Beat Goes On: Music’s New Playbook For Summer 2020
June 06, 2020

The summer season is usually the time of year for the young and the hip to hit the scene at music festivals and cultural events in the U.S. and around the world. But, as is the case with so many summer staples this year, the...

Economy
Anthem To Offer Premium Credits To Consumers, Employers
June 05, 2020

As the pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to use. Insurance companies are offering credits to their customers, among other forms of pandemic support. Get the Full Story Complete the...