Economy

Economy
Extra Federal Benefits Ease Layoff Decisions For Employers
April 07, 2020

Some employers are breathing a sigh of relief, noting that their laid-off workers are much better off financially amid the economic dive of the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
Paytronix Helps Restaurant Hum With Takeout, Delivery During Pandemic
April 07, 2020

Restaurant loyalty firm Paytronix was key in helping Zukku Sushi adapt to using a ghost kitchen and keep its three locations humming with takeout and delivery orders during the COVID-19 pandemic, the company said in a blog post on Tuesday (April 7).  Get the Full...

Economy
SEC Head: COVID-19 Bailouts Must Be Transparent
April 07, 2020

The head of the U.S. Securities and Exchange Commission (SEC) said companies seeking federal bailouts from the economic havoc wreaked by the coronavirus crisis should tell investors where they stand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
NFIB Survey Shows SMB Optimism Slips Amid COVID-19
April 07, 2020

Recent surveys and data points show that the sanguine outlook held by small and medium-sized businesses (SMBs) coming into 2020 — underpinned by rising revenues, growing demand and a strong economic backdrop — has evaporated in the wake of the coronavirus. Get the Full Story...

Economy
The COVID-19 Eclipse Darkens Main Street Commerce
April 07, 2020

The 1918 Influenza pandemic. The Great Depression. World War II. The 9/11 attacks. The HIV epidemic of the 1980s and 1990s. Such events demarcate and define entire eras in U.S. and world history. Now, add to that list of infamous chapters the COVID-19 pandemic. Get...

Economy
Update: Zoox Lays Off Backup Drivers To Its Autonomous Vehicles; Pelonton Halts Live Classes, To...
April 07, 2020

Companies are taking steps to combat COVID-19 in the United States, while one government in Europe is aiming to reopen businesses. Here are the latest updates on COVID-19 from around the world. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
US Airlines Extend Business Loyalty Programs
April 06, 2020

Frequent flyers have nothing to worry about when it comes to the industry’s loyalty programs, according to Reuters. 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...

Economy
Allstate Refunds $600M In Premiums While Customers #StayatHome
April 06, 2020

Insurance provider Allstate is providing over $600 million in relief to auto insurance policyholders over the next few months as the coronavirus pandemic continues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
NY Fed Sees Consumer Expectations Slide On COVID-19
April 06, 2020

A March survey of consumer expectations by the Federal Reserve Bank of New York released Monday (April 6) found mounting worries over job losses, debt and spending as the coronavirus continues to wreak havoc on the U.S. economy.  Get the Full Story Complete the form...