Economy

Economy
Georgia Governor Defends Reopening Decision After Trump’s Criticism
April 23, 2020

Georgia Governor Brian Kemp, who was against COVID-19 stay-at-home mandates from the start, is preparing to open the state on Friday (April 24), despite the advice of medical experts, President Trump and even some of his own constituents. Get the Full Story Complete the form...

Economy
House Antitrust Leader Calls For A Temporary Ban On Mergers
April 23, 2020

House Antitrust Subcommittee Chairman David Cicilline called for a ban on mergers Thursday (April 23) until the COVID-19 pandemic ends, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
COVID-19, Coca-Cola And Changing Consumption Habits 
April 23, 2020

As the COVID-19 pandemic has slammed America, the collateral damage to the U.S. economy has spread far and wide. Some of the ripples like a halt to tourism and in-restaurant dining amid social-distancing rules were easy to foresee. But others – like lower Coca-Cola sales –...

Economy
As NFL Draft Arrives, Sports Can Only Make A Play For A New Normal
April 23, 2020

Thursday (April 23) is draft day for the National Football League as the NFL lines up to tackle the new era launched by the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
SBA Says Large Firms ‘Unlikely’ To Get Next Round Of PPP
April 23, 2020

The Small Business Administration (SBA) has issued new rules it says will make it unlikely that publicly traded companies will receive money from the next round of coronavirus rescue funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
Card Companies Cut Credit Lines As Customers Skip Payments
April 23, 2020

Hard times are hitting many people where it hurts – right in the credit cards they carry in their wallets or eWallets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Preparing For Unprecedented Times
April 23, 2020

“As credit unions help their members manage through the current COVID-19 crisis, it’s more important than ever for CUSOs like PSCU to partner with credit unions to help them and their members weather the storm of uncertainty,” PSCU EVP and Chief Operating Officer Tom Gandre...

Economy
Another 4.4M Americans File Unemployment Claims
April 23, 2020

The coronavirus pandemic continues to rock the country, as another 4.43 million Americans applied for unemployment benefits in the week ending April 18, the U.S. Labor Department reported on Thursday (April 23). That brings the total number of Americans who’ve filed for unemployment to about 26 million...

Economy
PPP Loans Could Trigger Treasury Investigation
April 23, 2020

Companies that received Paycheck Protection Program (PPP) loans could face investigations if they did not meet the criteria for coronavirus relief, U.S. Treasury Secretary Steven Mnuchin said on Wednesday (April 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited...