Economy

Economy
Debt Issuance And Layoffs Point To Headwinds For Labor Market?
June 05, 2020

Issue debt, raise funds, lay off workers. 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
Will Summer Camp Be COVID-19’s Latest Casualty?
June 05, 2020

With a very unusual U.S. school year coming to an end, children who have been trapped at home for the past three months (and the parents who have been beside them) are looking to summer camps to give the kids a place other than home...

Economy
Strong May US Jobs Report Could Show The Worst Is Over For Hardest-Hit Sectors
June 05, 2020

Will we look back at today as the turning point in the battle against the pandemic — not in terms of vaccines or flattened curves, but in terms of the job market? Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Surprise: US Jobless Rate Falls To 13.3 Pct
June 05, 2020

In a surprising jobless report, the nation’s unemployment rate fell to 13.3 percent in May as some jobs returned amid a partial reopening of the economy, according to the U.S. Bureau of Labor Statistics (BLS). Get the Full Story Complete the form to unlock this...

Economy
CDC Director: Social Distancing Strategies Will Be Needed As Major Defense This Fall
June 04, 2020

Americans should be careful to use face coverings, as they are a critical public health tool that can help protect the vulnerable from the coronavirus, but the director of the Centers for Disease Control and Prevention (CDC) said he’s worried that the agency’s public health...

Economy
Coronavirus Refunds: CSAA Insurance To Offer $37M In Further Reimbursements To Policyholders
June 04, 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 reimbursing a portion of their policyholder premiums. Get the Full Story Complete the form to unlock this...

Economy
Next Economic Stimulus Package Could Hit $1T
June 04, 2020

The Trump administration anticipates a $1 trillion figure could be in the cards for the next round of stimulus funding, with an eye toward possibly including back-to-work incentives, liability protections and more, Bloomberg reported. Get the Full Story Complete the form to unlock this article...

Economy
New York City Restaurants Could Reopen In July
June 04, 2020

Dining out in New York City could soon be a reality again. 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...

Economy
Survey: 56 Pct Of Undergraduates Can’t Afford College Tuition
June 04, 2020

More than half of college students say they can’t afford tuition, as the coronavirus crisis has taken a toll on many families’ ability to pay for school, according to a survey by OneClass. Get the Full Story Complete the form to unlock this article and enjoy...