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...
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...
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...
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....
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...
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. For example, sports teams are offering fans reimbursements for games that won’t be played amid the pandemic. Get the Full...
The “friendly skies” of United Airlines are not so friendly for employees facing layoffs as the pandemic has devastated the airline industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The widely watched Chicago Purchasing Managers Index fell to 32.3 in May, hitting its lowest level since the recession year of 1982 as the COVID-19 pandemic slammed business confidence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Senate Majority Leader Mitch McConnell said Congress will decide whether to pass another COVID-19 relief package soon. 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...
