Economy

Economy
Coronavirus Refunds: Allstate To Lengthen Shelter-in-Place Payback Program
May 28, 2020

As the pandemic continues to disrupt everyday life the world over, auto insurance companies are crediting their customers’ accounts for a portion of their monthly premiums. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Survey Says Millionaires Cut Spending, Postpone Big-Ticket Purchases
May 28, 2020

A majority of American millionaires say they plan to spend less this summer than in years past, according to a new Second Quarter CNBC Millionaire Survey. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Vegas Rolls Dice On Reopening Shuttered Casinos
May 28, 2020

Las Vegas is betting that, with social-distancing restrictions in place, customers will return to its famed casinos. 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
Bank Of America CEO: We’re Coming Out Of The Depths
May 28, 2020

Bank of America’s chairman and CEO sees light at the end of the COVID-19 tunnel. 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,...

Economy
Another 2.1M Americans File Jobless Claims As Pandemic’s Total Tops 40M
May 28, 2020

More than 2 million Americans filed for unemployment benefits last week as the number of workers seeking assistance since the COVID-19 pandemic began in mid-March topped 40 million, the U.S. Department of Labor reported Thursday (May 28). Get the Full Story Complete the form to unlock...

Economy
SMBs, PPP And America’s Reopening
May 28, 2020

After several very harrowing weeks, the ongoing drama of the Paycheck Protection Program (PPP) seems to have finally come to a close. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
New Data: Inside Main Street SMB’s Digital Shift
May 28, 2020

When the United States economy locked down to slow the spread of the coronavirus, it rapidly and radically altered the way consumers browsed, shopped and paid for goods and services — and not all small- to medium-sized businesses (SMBs) were prepared. Businesses that did not...

Economy
OpenTable Data Shows Consumers Are Starting To Eat Out Again
May 27, 2020

The national decline in restaurant bookings is starting to ease up, according to new data from OpenTable as reported by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
Fed Data: The U.S. Economy Is Reopening, But Not Rebounding
May 27, 2020

Reopening? Yes, the U.S. economic reopening is just beginning. But as for a rebound, we’ll have to wait — and it’s anyone’s guess how long. For now, the Federal Reserve Beige Book released on Wednesday (May 27) found that U.S. companies are suffering from a...