Economy

Economy
Airlines And Restaurants Grapple With The Capacity And Cash Burn Challenges
April 15, 2020

The coronavirus has challenged any number of businesses on several levels – and among the most challenged verticals have been the restaurant and airline segments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Coronavirus Refunds: AAA Texas Unveils $125M In Premium Refunds; San Diego State To Provide Over...
April 15, 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 automobile associations and universities are offering. Get the Full Story Complete...

Economy
Bank Sites Deluged With Stimulus Payment Status Checks
April 15, 2020

Some U.S. banks are experiencing website issues Wednesday (April 15) as customers log on to see if their stimulus payment has been deposited. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Germany To Reopen Some Shops, Schools Next Week
April 15, 2020

Germany is planning to allow some shops to reopen next week in the wake of the coronavirus pandemic, according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Executives Call For More COVID-19 Testing In Meeting With President Trump
April 15, 2020

Business leaders reportedly said in a meeting of President Donald Trump’s task force on opening the economy that the administration would have to greatly grow the attainability of COVID-19 testing for the public to feel comfortable going back to work, shop in stores or dine...

Economy
SBA Fund Coffers Said To Run Dry Unless Congress Adds More
April 15, 2020

For businesses that have not yet applied for a loan under the $350 billion federal stimulus program designed to mitigate the economic ravages of the coronavirus pandemic, it may be too late. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Fed: US Production Sees Biggest Decline Since 1946
April 15, 2020

The COVID-19 has taken a dramatic toll on U.S. manufacturing as production has dropped to its lowest level since World War II, according to a new report by the Federal Reserve Board. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
India’s PM Modi Eases IT Rules While Prolonging Lockdown 
April 15, 2020

Speaking in a televised address on Tuesday (April 14), India’s Prime Minister Narendra Modi said he is prolonging the countrywide lockdown until May 3 but will relax some restrictions in the technology sector starting April 20, according to several reports. Get the Full Story Complete...

Economy
The Unappetizing Future Restaurants Face
April 15, 2020

While there have been literally thousands of questions raised and debated in the last several weeks as the world has worked overtime to determine how to respond to the COVID-19 pandemic, there are two that tend to come up most often: Get the Full Story...