Economy

Economy
Consumers Shift Spend To Digital, But Buy Less
April 13, 2020

Stores are shut down, restaurants are restricted to carryout and delivery only, professional sports are on hold, most flights are grounded and the fate of summer vacation in 2020 remains a coin toss. In short, the world of mid-April 2020 in the United States looks...

Economy
Brazil Plans Small Business Coronavirus Bailout
April 13, 2020

Help is on the way to small businesses in Brazil, as the country plans to launch a $1.9 billion program to support micro businesses hit by the coronavirus pandemic, according to a Reuters report. Get the Full Story Complete the form to unlock this article...

Economy
Movie Industry Facing Lowest Numbers In Over 20 Years Amid COVID-19
April 13, 2020

The box office is looking at its worst year since 1998 and is anticipated to make 40 percent less than 2019 due to the coronavirus pandemic, according to a report from CNBC Monday (April 13). Get the Full Story Complete the form to unlock this...

Economy
Coronavirus Refunds: Calif. Mandates Insurance Rebates; Wharton Students Want Money Back
April 13, 2020

The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things that they paid for but aren’t able to use. Here’s a roundup of some coronavirus-related refunds that vendors are offering — or consumers are demanding: Get the...

Economy
IRS Has Sent First Round Of COVID-19 Stimulus Payments
April 13, 2020

Coronavirus stimulus payments to individuals are on their way. 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 completing this form,...

Economy
Airlines Eye Selling Miles For Cash
April 13, 2020

Cash is the buffer that can help companies grapple with the drop in consumer demand, the ripple effects of disrupted supply chains and disappearing top lines as the coronavirus pandemic continues. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Black Swans Are The Sandbox Of New Innovations
April 13, 2020

Jim McCarthy, i2c president, says disasters often breed innovation. “Telecommuting, online education and moving to a cashless and virtual financial system will likely become the norm,” he told PYMNTS. “This most recent black swan is proving that online financial services are a lifeline service.” Get...

Economy
Can Main Street SMBs Cross The PPP Cash Chasm?
April 13, 2020

Friday, April 3 was the day everyone expected would bring a sigh of relief — and offer much-needed hope — to the 30 million SMBs that employ roughly half of the U.S. workforce, and whose businesses had been hard hit by the #stayathome requirements of...

Economy
Charmin And Unrolling The Mystery Of The Great Toilet Paper Shortage
April 13, 2020

It has been said that a crisis reveals what people truly value, quickly separating the things that one needs to have from those that one merely wants to have. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...