Economy

Economy
ADP Job Loss Data Spotlights SMB Impact — With More To Come
April 01, 2020

The latest jobs data show bad news … more than likely to get much, much worse. 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...

Economy
Global Tech Spending Down 4 Pct, But ‘Work From Home’ Spending Gives A Boost
April 01, 2020

Companies around the globe are looking at a a 4.1 percent decline in spending on technology as the coronavirus pandemic eats into revenues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Senators Push For Inspector General Oversight On $500B Company Bailout Fund
April 01, 2020

Democratic Senators are pushing to ensure that Treasury Secretary Steve Mnuchin does proper oversight work on the $500 billion stimulus passed last week by the government to aid companies in the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and...

Economy
Portfolio Firms Want Cut Of Coronavirus SMB Rescue Funds
April 01, 2020

Industry lobbyists and executives from major private equity firms are asking the federal government for a piece of the coronavirus small business stimulus funds, the Financial Times (FT) reported on Wednesday (April 1), citing seven sources familiar with the talks. Get the Full Story Complete...

Economy
How Neiman Marcus Got Into The Medical Mask-Making Business
April 01, 2020

How can I help? 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, you agree to receive marketing...

Economy
FoodMaven On Food Distributors’ Pivot To B2C
April 01, 2020

The current COVID-19 crisis has trained a spotlight on what happens when the means of how we satisfy the most basic of needs – getting enough food to eat – are upended. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Restaurant Operators On Life Before, During And After COVID-19
April 01, 2020

Restaurants are tough businesses to operate, even in the best of times — 60 percent fail within their first year, and 80 percent within their first five. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Uber Offers 10M Rides, Food Delivery To Healthcare Workers, Seniors, Needy
March 31, 2020

Uber has a new goal to provide 10 million free meals and rides for healthcare workers, seniors and other people in need in the middle of the coronavirus pandemic, according to a press release. Get the Full Story Complete the form to unlock this article...

Economy
AMC CEO Says Consumers Will Be Back In Theaters In Mid-June
March 31, 2020

Adam Aron, CEO of AMC Entertainment, said in an interview with CNBC that he hopes people will be buying popcorn and seated in its theaters by mid-June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...