More than 66 million jobs across fields such as retail, food service and sales are at a high risk of layoffs because of the coronavirus‘ widespread decimation of the American economy and work culture, according to Yahoo Finance, citing a St. Louis Fed economist. Get...
In much of the United States, restaurants have been ordered closed, except perhaps for takeout service, amid the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
For the second consecutive month, Apple Inc. will allow its Apple Card users to defer April payments without interest or penalties to ease financial pressures of the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
While nonessential retailers remain shuttered amid the COVID-19 pandemic, some companies have discovered more business isn’t always a good thing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Already buried in emergency loan applications from small and medium-sized businesses (SMBs), five U.K. lenders have dropped out of the Coronavirus Business Interruption Loan Scheme (CBILS), according to a report in Bloomberg on Wednesday (April 1). Get the Full Story Complete the form to unlock...
Citigroup’s 204,000 U.S. employees hope it’s not an April Fools’ joke. 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...
As grocery stores are emptying and all kinds of items are flying off the shelves, those responsible for producing the food – the nation’s roughly two million farms and 2.6 million farm employees – are facing strange times, where inconsistency and uncertainty are the only things that can...
Treasury Secretary Steven Mnuchin said if the $350 billion in loan funds for small and medium-sized businesses (SMBs) runs dry, he will go back to Congress and ask for more money, according to a Wednesday (April 1) CNBC report. Get the Full Story Complete the...
The coronavirus is causing unforeseen disruptions to businesses, but predictive analytics platforms are helping them plan for the unknown. The biggest change that PredictHQ has seen, for its part, since the initial spread of the virus is the number of postponements and cancellations of events, which have...
