Economy

Economy
For One Restaurant, Life Before (And During) COVID-19
March 31, 2020

There are seismic events that are so mammoth in scale they become shorthand for a shift in the way we live, in the way we interact with one another. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
20 Payments Execs On COVID-19’s Ripple Effects — And Taming The Next Black Swan
March 31, 2020

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Economy
Lender Kabbage Furloughs Workers, Warns Of SMB Cash Shortfall
March 30, 2020

As COVID-19 saps consumer demand across all manner of verticals, and small businesses bear the brunt of a sudden disappearance of revenues, the firms that lend to those SMBs are feeling heat, too. Get the Full Story Complete the form to unlock this article and...

Economy
North American Burger King Franchisees Get Rent Break, Cash Help
March 30, 2020

Burger King parent Restaurant Brands International will defer rent and boost franchisees in North America with extra cash as part of its response to the coronavirus pandemic, according to a CNBC report. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
UK Retailers Under Fire For Nonessential eCommerce
March 30, 2020

Some U.K. retailers, brushing off accusations that they could be putting lives at risk during the coronavirus pandemic, have continued operating warehouses for distribution despite not offering essential items for sale, according to the Financial Times. Get the Full Story Complete the form to unlock...

Economy
Coronavirus Update: Saudi Arabia Requires Lenders To Help Companies; British Startups Ask Gov’t For COVID-19...
March 30, 2020

Governments are aiming to help companies amid the coronavirus, while executives are taking measures to contend with the crisis. Here are the latest updates on COVID-19, the disease caused by the coronavirus, around the world. Get the Full Story Complete the form to unlock this...

Economy
When Will COVID-19 End, And Will SMBs Survive?
March 30, 2020

Two weeks into social distancing — and unfortunately it is not possible as of yet to say the end is near. As of this weekend, President Donald Trump confirmed that the nationwide social distancing guidelines put into place two weeks ago in response to the coronavirus...

Economy
New Data: What COVID-19 Is Doing To Main Street SMBs
March 30, 2020

For most small businesses, the dawn of the new decade was filled with optimism for their futures. 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...

Economy
Airbnb Execs Take Less Pay, Sideline $800M Marketing Plans
March 30, 2020

Airbnb is looking to pause its marketing campaigns as a way to save $800 million while the company’s executives slash half of their salaries, Reuters reported on Friday (March 27), citing sources. Get the Full Story Complete the form to unlock this article and enjoy...