Economy

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...

Economy
The Healthcare Innovation Opportunities Out Of The COVID-19 Crisis
March 30, 2020

While it is often said that every dark cloud has a silver lining, that particular aphorism is difficult to appreciate when one is standing under said dark cloud in a deluge. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Lenders Tighten Reins On Loans, Credit For SMBs, Households
March 29, 2020

As a potential recession lurks, FinTechs, traditional banks and other financial institutions (FIs) are tightening the reins on loans to small businesses and households with shaky credit, The Wall Street Journal reported Saturday (March 28). Get the Full Story Complete the form to unlock this...

Economy
Steve Mnuchin: Stimulus Money Should Hit Within 3 Weeks
March 29, 2020

As the coronavirus spreads throughout the United States, Treasury Secretary Steve Mnuchin told “Face the Nation” Sunday (March 29) that Americans should be receiving $1,200 stimulus money within the next three weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
The World Unfiltered: What We’ve Learned About Each Other In The Last Two Weeks (Whether...
March 28, 2020

In 2004, Dove launched what it called “The Campaign for Real Beauty,” a marketing strategy developed to focus on “the natural physical variation embodied by all women and inspire them to have the confidence to be comfortable with themselves.” Get the Full Story Complete the...

Economy
Instacart Shoppers Plan Strike For Better COVID-19 Protections, Pay
March 27, 2020

Instacart shoppers plan to walk off the job on strike Monday (March 30), according to a Medium post Friday (March 27) by worker representatives. Shoppers are the workers who shop for and then deliver groceries to customers. Get the Full Story Complete the form to unlock...

Economy
US Spending Slows, Consumer Sentiment Hits Record Low
March 27, 2020

Consumer sentiment in the U.S. is down to a three-and-a-half-year low due to the effects of the coronavirus and social distancing measures, and consumer spending is down as well, according to a report by Reuters. Get the Full Story Complete the form to unlock this...

Economy
Coronavirus Update: Factory Workers Sent Home Unpaid In Bangladesh; Banks Vow To Keep Staff Employed
March 27, 2020

The COVID-19 situation has led to millions of clothing manufacturing workers not receiving pay as fashion brands call off their orders, the Associated Press reported. Almost six in 10 factories that replied to a Center for Global Workers’ Rights and the Worker Rights Consortium survey...

Economy
Walmart Enacts No-Touch Protocols
March 27, 2020

Walmart is enacting no-touch procedures so that customers can shop more safely during the coronavirus outbreak, according to a report by USA Today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...