Economy

Economy
For SMBs, What Comes Next After The (Terrible) Unemployment Report?
May 08, 2020

The number we’ll remember — 14.7 percent, the headline number for April U.S. unemployment — is the one we hope is a peak. But there are indications that a peak has yet to be reached, especially for the small and medium-sized businesses (SMBs) that power the...

Economy
Optimism Remains Despite Record Jobless Numbers
May 08, 2020

Despite Friday’s (May 8) grim unemployment report, which revealed that the number of Americans who have lost their jobs has quadrupled since February, there is still optimism among the nation’s workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost
May 08, 2020

The latest jobless report illustrates the devastation caused by COVID-19, as the U.S. Bureau of Labor Statistics released the worst unemployment numbers in the nation’s history. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Coronavirus Refunds: Utah Jazz To Provide Season Ticket Fans With Reimbursements
May 07, 2020

The Utah Jazz is providing reimbursement and credit choices to season ticket holders for the 10 home games left to be played for the 2019-20 regular season, Deseret reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
With Wynn’s $402M In Net Losses, Is Online Gambling The Future Of Gaming?
May 07, 2020

With results that show how COVID-19 closures are impacting the gaming industry, Wynn Resorts Ltd. reported a net loss of $402 million for the first quarter of 2020. While the results mark a drop into the red from income of almost $105 million a year...

Economy
IRS Says You Can’t Keep $1,200 Stimulus Checks Sent To Dead Relatives
May 07, 2020

Any $1,200 COVID-19 stimulus checks sent to dead people by the Internal Revenue Service (IRS) must be returned, the agency says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
Unemployment Filings Top 3.1M Across US
May 07, 2020

As the coronavirus pandemic continues to cripple the U.S. economy, another 3.169 million people filed for unemployment benefits in the week ending May 2. Total claims filed since COVID-19 hit the nation in March have topped 30 million. Get the Full Story Complete the form...

Economy
Expect Another Year Before Sports, Entertainment Venues Reopen
May 07, 2020

The spread of the coronavirus has led to a halt of Major League Baseball, the National Hockey League and the National Basketball Association, and raised questions about whether the 2020 National Football League season will take place this fall. Get the Full Story Complete the...

Economy
NEW DATA: States Push To Reopen – Will Consumer Demand Follow?
May 07, 2020

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 completing this form, you agree to receive marketing communications from PYMNTS and...