Economy

Economy
India Promises $22B In Relief For The Nation’s Poor
March 26, 2020

As the U.S. Congress finalizes a $2 trillion stimulus package to jumpstart an economy reeling from the coronavirus pandemic, India’s finance minister announced a $22.5 billion measure on Thursday (March 26) that would provide food and cash to most of the country’s 1.3 billion people. Get the Full Story...

Economy
Airbnb Is Waiving Fees For Coronavirus Healthcare Workers
March 26, 2020

Airbnb said that it’s going to provide free or subsidized housing for coronavirus responders, according to a blog post by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Getting Stimulus Funds To Those Who Need Them — Without The Paper Check
March 26, 2020

The stimulus bill designed to combat the economic ravages of COVID-19 is massive. 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....

Economy
IRS Could Take Months To Send Out Stimulus Checks
March 26, 2020

As the U.S. reels from the coronavirus pandemic and people await relief checks from the government, former IRS officials say it could be months before anyone gets that much-needed money, Reuters reported on Thursday (March 26). Get the Full Story Complete the form to unlock...

Economy
Unemployment Figures Set The Wrong Type Of Record
March 26, 2020

Oh what a difference six months can make.  A half a year ago the unemployment rate was making the headlines for the “right” reasons.  In September the unemployment rate in the U.S. hit a 50-year record low of 3.5 percent.  This was widely reported as...

Economy
Retailers Win In Stimulus Bill
March 26, 2020

Retail came up as a big, but very subtle, winner in the economic stimulus package passed by the Senate last night (March 25) in response to the coronavirus pandemic. While most of the focus has been on the $1,200 payout to consumers, retailers will also...

Economy
Why Going Digital Isn’t Quite A Blanket Solution For COVID-19
March 26, 2020

In a world where options for going out are severely limited by the national social distancing plan in place, using digital tools to bring the outside world in has become the next best option.  And as it turns out, a lot of things actually digitize...

Economy
COVID-19 Triggers Record-Breaking Spike In US Unemployment Claims
March 26, 2020

A record 3.28 million people claimed U.S. unemployment benefits last week as the coronavirus continued to make its way throughout much of the world, shuttering businesses and reducing incomes, the U.S. Department of Labor reported Thursday (March 26). That’s a 3 million increase from the week...

Economy
The Therapist Is In, Online
March 26, 2020

Whoever knew being stuck at home could be so stressful? 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...