Nearly 4 million U.S. home mortgages — or 7.3 percent of the total — have entered into “forbearance” programs with their lenders as the COVID-19 economic crisis has left owners unable to pay, figures out Friday (May 1) show. Get the Full Story Complete the...
If restaurants and bars in the U.K. are required to apply social distancing when they reopen, many won’t survive, according to a new study of restaurant owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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Democratic Congressional leaders are seeking up to $1 trillion in the next coronavirus aid package, a number that will almost surely run into controversy with Republicans who have very different priorities, according to a report by the Associated Press. Get the Full Story Complete the...
White House Economic Advisor Kevin Hassett thinks a fourth economic stimulus package may not be necessary if states can safely and successfully reopen in due time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As U.S. workers adjust to working from home amid a nearly universal shutdown due to the coronavirus pandemic, one executive says more than $7 trillion will be invested over the next three years in the digital transformation of business operations, according to a CNBC report....
Amazon.com Inc. said it expects to spend its anticipated $4 billion second-quarter profits on coronavirus-related expenses, according to the company’s filing with the Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A revised forecast of smartphone production predicts volume will shrink to a record low in the second quarter as the spread of the coronavirus continues to hurt sales, according to a press release. Get the Full Story Complete the form to unlock this article and...
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 some coronavirus-related refunds that university students are seeking and baseball teams are offering. Get the...
