Economy

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...

Economy
Fitbit Introduces $5K Emergency Ventilator To Address Urgent Pandemic Needs
June 04, 2020

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...

Economy
Airlines Add Flights To Schedules As Demand Begins To Return, Block Middle Seats For Safety
June 04, 2020

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...

Economy
1.8M Americans File Unemployment Claims As Pandemic’s Total Tops 42M
June 04, 2020

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...

Economy
Exclusive Data: Twenty-Five Percent of Consumers Say Retail, Online Grocery Digital Shift Will Stick
June 04, 2020

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...