For optimists who hoped the global economy would recover from the impact of the coronavirus pandemic within months, New York Federal Reserve Board President John Williams has delivered a wake-up call. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
To be ready for the unexpected, “One approach is to branch out into new markets. This hedges against the risk of losses if a single market or region is heavily impacted,” Payoneer CEO Scott Galit told PYMNTS. “And, as always, having supply chain redundancy is...
As the COVID-19 pandemic forces cancellations and postponements of events amid lockdowns, Ticketmaster is being criticized over its refund policy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
China’s economy is going through its worst three-month period in decades and will record its first-ever GDP loss — 6.8 percent in the first quarter of 2020 compared to 2019, according to a statement from the National Bureau of Statistics of China. Get the Full...
Fourteen percent of American workers are now unemployed because of the coronavirus pandemic, according to new data from CNBC. 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...
Starbucks is planning to move into the “monitor and adapt” stage of the coronavirus pandemic and open some of its stores starting May 4 with new restrictions, according to Chain Store Age (CSA). Get the Full Story Complete the form to unlock this article and...
And just like that: No more. Not now. For the time being, anyway. 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...
French president Emmanuel Macron has warned that the European Union (EU) is likely to fail in its goals as a “political project” if the group doesn’t work together in supporting economies hit particularly hard by the pandemic. Get the Full Story Complete the form to...
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...
