Economy

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...

Economy
SMBs Say US Tariffs On Chinese Goods Are Limiting Imports Of Hand Sanitizer, Disinfectant
April 12, 2020

Tariffs on Chinese goods are a major reason the U.S. is experiencing nationwide shortages of hand sanitizer, disinfectants and other coronavirus-fighting imports, according to a Wall Street Journal report on Sunday (April 12). Get the Full Story Complete the form to unlock this article and...

Economy
Google, Apple Team For App To ID Coronavirus Contact In UK
April 12, 2020

A mobile app to track the coronavirus is being developed by NHSX, the technology arm of Britain’s National Health Service (NHS), in coordination with Google and Apple, according to numerous reports on Sunday (April 12). Get the Full Story Complete the form to unlock this...

Economy
Companies Enlist Lobbyists For Stimulus Funds
April 12, 2020

Lobbyists are burning up the phone lines in Washington, D.C. as businesses from every sector rush to get their piece of the $2 trillion relief package, which includes $350 billion in forgivable loans. From private equity firms to venture capital, retail to hospitality, casinos, airlines...

Economy
Fed’s Kashkari: Quick Economic Rebound Unlikely
April 12, 2020

Minneapolis Federal Reserve President Neel Kashkari doesn’t have hope that the economy will rebound quickly from the effects of the coronavirus pandemic, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...