Economy

Economy
COVID Report: Organizing A Recovery
May 06, 2020

Making history many times over, the U.S. government passed $3 trillion as a life-support effort for American businesses, with a focus on preserving the nation’s economic backbone of small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and...

Economy
US Jobs Report Shows 11M Jobs Lost At SMBs
May 06, 2020

COVID-19 continues to take its toll on the nation’s workforce as the number of private-sector jobs fell by a record 20.2 million from March to April, including more than 11 million jobs from small- and medium-sized businesses, according to the April ADP National Employment Report....

Economy
Coronavirus Refunds: Philadelphia Flyers, 76ers To Provide Reimbursement Options; Journey Calls Off Tour To Enable...
May 05, 2020

As the coronavirus pandemic continues to disrupt normal life the world over, many consumers want refunds on things they paid for but aren’t able to use. Here’s a roundup of the latest pandemic-related refund news in music and sports: Get the Full Story Complete the form to...

Economy
Coronavirus Refunds: Rick Springfield Trip To Offer Refunds; Pratt Students Seek Tuition Reimbursement In Suit
May 04, 2020

The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things they paid for but aren’t able to use. Here’s a roundup of the latest coronavirus-related refund news. Get the Full Story Complete the form to unlock this...

Markets
Disney Stock Downgrade Could Be The Beginning of Unmagical Times
May 04, 2020

Walt Disney Co. shares fell more than 2 percent on Monday (May 4) after MoffettNathanson cut the stock’s rating to “neutral” from a previous “buy” and reduced its price target $8 to $112 ahead of Tuesday’s planned earnings report. The firm also cut its fiscal...

Economy
Testing, Cleaning Rules Needed Before Schools Reopen, Public Health Experts Say
May 04, 2020

With talk about reopening the U.S. economy come questions around how schools are going to handle reopening. 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
Frontline Workers Want More Pandemic Hazard Pay
May 04, 2020

Essential workers on the frontlines of the coronavirus pandemic are asking for more bonus pay although many have indicated that no amount of money is enough to offset the risks involved. “I think the federal government has a responsibility to step up to the plate,”...

Economy
Why Consumers Aren’t In A Rush To Reopen The Economy
May 04, 2020

Economists, policymakers and epidemiologists have been modeling the cost/benefit of reopening the U.S. economy since governors began asking their citizens to #stayathome in mid-March, and even well before that. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Google Phone Data Reveals Mixed Stay-Home Compliance
May 04, 2020

Phone data compiled by Google’s parent Alphabet shows that many people initially ignored stay-home mandates, but were increasingly compliant in April, according to a Reuters report on Friday (May 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...