Economy

Economy
Coronavirus Refunds: Ryanair Refunds Could Require As Long As Six Months; Tampa Bay Rays Will...
May 01, 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 some coronavirus-related refunds airlines and professional sports teams are offering. Get the Full Story Complete the form...

Economy
Fewer Renters Pay On Time Amid The Coronavirus
May 01, 2020

Amid decreasing consumer confidence and increasing job losses, the economic impacts of the coronavirus continue to build. While 91.5 percent of renters in buildings that are professionally managed made payments in full or in part as of April 26, 95.6 percent made payments during the...

Economy
Bank Of America CEO: Stimulus Package Is Coming Together
May 01, 2020

The CEO of Bank of America said the impact of the $2.2 trillion in federal relief is beginning to reap benefits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
Would-Be PPP SMBs Skip The Funding Over Audit Fears
May 01, 2020

Before the forgiveness … comes the audit. 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...

Economy
Top Trump Advisor Larry Kudlow: Q2 Will Be Even Worse
May 01, 2020

National Economic Council Director Larry Kudlow said he expects the impact of the coronavirus pandemic will bring even more economic pain through June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
COVID Crisis Pushes Nearly 4M US Mortgages Into Forbearance
May 01, 2020

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...

Economy
UK Restaurants Say Social Distancing Could Bankrupt Them
May 01, 2020

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...

Economy
NEW DATA: Two-Thirds Of Main Street SMBs Are Not Ready For The Post-Pandemic Restart
May 01, 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...

Economy
States, Cities Want $1 Trillion To Avoid Layoffs
April 30, 2020

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...