Economy

Economy
Restaurants And Insurers Square Off In Battle Over Pandemic Payments
April 19, 2020

A lobbying effort has pitted the restaurant industry against insurers as the American economy attempts to find its way out of the coronavirus pandemic, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
24 Hour Fitness May File For Bankruptcy Amid Pandemic
April 19, 2020

Fitness chain 24 Hour Fitness is looking at a possible bankruptcy due to the coronavirus, as well as mounting debt concerns and the fact that every single one of its 448 locations has closed down, according to CNBC. Get the Full Story Complete the form...

Economy
Love In The Time Of COVID-19
April 18, 2020

In a normal year, spring is generally known as the season for new love. There’s something about the chirping birds, the shining sun and the warmer air that has a near-universal effect of drawing the singles out and making the mingling happen. And, of course, spring marks...

Economy
US Senators Press For Cash Airline Refunds; Michigan To Provide Season Ticket Refunds
April 17, 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 that companies and universities are offering. Get the Full Story Complete the form to...

Economy
The Fed Communicates Rule Change For The SBA’s PPP
April 17, 2020

To enhance the effectiveness of the Paycheck Protection Program (PPP) of the Small Business Administration (SBA), the Federal Reserve Board announced a rule change. The modification will temporarily change the rules of the Board so “certain bank directors and shareholders can apply for PPP loans...

Economy
Facebook Nixes Large Gatherings, Events Through June 2021
April 17, 2020

Facebook Inc. has canceled gatherings of 50 or more people through June of 2021. 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...

Economy
Schumer: New COVID-19 Stimulus Could Come ‘Soon’
April 17, 2020

Sen. Charles Schumer (D-New York) says Democrats and the White House could “soon” agree on a new COVID-19 stimulus package, presumably including more loans for small and medium-sized businesses. Schumer, the Senate’s ranking Democrat, said both sides plan to work through the weekend to hammer out their...

Economy
COVID-19 Disrupts Leisure In US, But China Expects ‘Revenge Travel’ Boost
April 17, 2020

The coronavirus is impacting daily life throughout the world — and leisure activities are no exception. 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,...

Economy
Gilead COVID-19 Drug Being Trialed, But Consumers Want A Vaccine
April 17, 2020

Wall Street is rallying on news that Gilead Sciences’ experimental drug remdesivir shows good results treating COVID-19 patients, but most consumers tell PYMNTS that they won’t get back to normal life without a vaccine. Get the Full Story Complete the form to unlock this article...