Fitbit, the manufacturer of activity trackers and wearable technology devices, has received federal approval for a low-cost emergency ventilator. 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...
American Airlines is intending to fly 55 percent of its domestic schedule and almost 20 percent of its international schedule next month in comparison to the same timeframe in 2019, according to an announcement. Vasu Raja, American Airlines senior vice president of network strategy, said...
Nearly 1.9 million Americans filed for unemployment benefits last week, as the number of workers seeking assistance since the coronavirus pandemic began in mid-March topped 42 million — three times the job loss in the Great Depression, according to the U.S. Department of Labor. Get the...
As sections of the United States economy continue to reopen, it is growing more apparent that consumers have no intention of reverting back to their pre-pandemic shopping habits. Instead of flocking back to brick-and-mortar shops, consumers are continuing to shop from the safety of their...
The pandemic has impacted Nevada’s labor force more than any other state in the country, and it could continue to disrupt the Las Vegas economy years into the future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Las Vegas casinos shut their doors in mid-March in response to the COVID-19 pandemic, sending Nevada’s unemployment rate to a worst-in-the-nation 28.2 percent (nearly twice the U.S. average). And although some of the biggest casinos plan to reopen Thursday, questions remain as to whether Las...
A top American Express executive sees trouble on the horizon for the economy as the effects of the COVID-19 recession continue to devastate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
While companies cut nearly 2.8 million jobs last month, Mark Zandi, chief economist at Moody’s Analytics, said it was far less than forecast and the worst of the economic impact of the coronavirus pandemic is behind us. Get the Full Story Complete the form to...
President Donald Trump will meet with senior advisors this week to discuss the possibilities of another pandemic-related stimulus package, this time with a focus on encouraging a return to work and public life, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the...
