For the first time since a small business loan program was launched, small lenders have been moved to the front of the line. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A new study reveals that government-imposed shutdowns and social distancing could cut the economic impact of COVID-19 in half. 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...
Businesses that borrow money through the federal Paycheck Protection Program (PPP) can expect to be audited before the loans are forgiven, Treasury Secretary Steven Mnuchin told The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In a wide-ranging interview, world-renowned investor Warren Buffett weighed in on such topics as the coronavirus pandemic, the economic crisis it has created and the future of American capitalism. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
“If payment execution itself is manual, firms can expect disruption. If third parties use manual labor to execute payments, there will be disruption,” Tipalti CEO and Co-founder Chen Amit told PYMNTS. “To the extent possible, it’s best to use fully automated systems that minimize manual...
U.S. gross domestic product (GDP) dropped 4.8 percent in the first quarter — its biggest decline since the 2008 Great Recession as the coronavirus pandemic slammed the economy, the Bureau of Economic Analysis reported on Wednesday (April 29). Get the Full Story Complete the form to unlock this...
British Airways is set to cut around 30 percent of its workforce consisting of 42,000 people, the airline said, as the coronavirus continues to make air travel an unsustainable industry for the time being. Get the Full Story Complete the form to unlock this article...
The Commerce Department is expected to issue a report on Wednesday (April 29) with estimates of a minimum decrease of 5 percent in the gross domestic product (GDP) in the January-March quarter, according to a report in the Associated Press (AP) on Tuesday (April 28)....
TripAdvisor is further cutting staff after already doing so earlier this year, with the coronavirus’s crippling blow crushing the travel business, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
