Economy

Economy
Problems With Stimulus Debit Cards Continue For Americans
June 01, 2020

Americans continue to face problems with accessing stimulus debit cards, with some people receiving cards they can’t use due to the wrong names being printed on them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
US Manufacturing At 11-Year Low, But Bright Signs Emerge
June 01, 2020

The nation’s manufacturing sector fell to its lowest level in 11 years in May, but other indicators suggest the worst impacts of the COVID-19 pandemic could be over, according to new data from the Institute for Supply Management (ISM). Get the Full Story Complete the...

Economy
Coronavirus Refunds: Disney World Provides Reimbursement, Extension Options
June 01, 2020

As the pandemic continues to disrupt everyday life the world over, many consumers want refunds for things they paid for but aren’t able to use. Entertainment companies, in one case, are offering reimbursements for annual theme park passes. Get the Full Story Complete the form...

Economy
CFOs Downbeat As US Economy Begins COVID-19 Reopening
June 01, 2020

Among other efforts to stem the economic carnage, the U.S. government has passed a series of stimulus bills responding to the COVID-19 crisis, including the $2.2 trillion CARES Act, which included the Paycheck Protection Program, geared to small and medium-size businesses (SMBs). Get the Full...

Economy
Australia Seems Headed Toward A ‘Service-Sector Recession,’ And America Could Be Next
June 01, 2020

For advanced economies, the transition to the digital age where manufacturing once reigned has its downside. Because when service jobs disappear — as has been the case during the pandemic — they’re slow to come back, if they ever do. Consider Australia, which may be entering...

Economy
US Food Prices Jump Highest Monthly Increase In 46 Years
June 01, 2020

Food prices in the U.S. are higher than they have been in almost a half-century, thanks to disruptions in the supply chain, economic issues and spikes in viral infections. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
China’s Rebounding Economy Is Likely Exception, Not Norm
June 01, 2020

Manufacturing indexes in China show that the country’s post-pandemic economy is on the rebound, the latest reports indicate.  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...

Economy
Alabama Reopens And COVID-19 Cases Soar 300 Pct Month Over Month
May 31, 2020

After Alabama reopened on May 1, the state has seen coronavirus cases surge by 300 percent month over month, with intensive care units (ICUs) at less than 4 percent capacity remaining and medical workers “exhausted physically and mentally,” Montgomery Mayor Steven Reed said on CNBC....

Economy
Pandemic Leads To Short-Term Rental Sell-Off
May 31, 2020

The coronavirus pandemic has many smaller property owners looking to unload their properties to save money, which could lead to big owners seeing a market ripe with purchasing opportunities, according to a CNBC report. Get the Full Story Complete the form to unlock this article...