Economy

Economy
PE Firms Look For Investments Among Hard-hit Travel Sectors
March 25, 2020

Despite the massive upheavals in the world economy and droves of people laid off, private equity companies are looking to swoop in and invest in companies for low prices, according to a CNBC report. Get the Full Story Complete the form to unlock this article...

Economy
Farmers Step Up Deliveries In Rural America
March 25, 2020

American farmers, spurred by the coronavirus‘ upending of American normality, have begun making home deliveries of fresh food in areas where popular apps like Instacart might not be available, according to a report by Reuters. Get the Full Story Complete the form to unlock this...

Economy
Ex Fed Head Bernanke: Recession Will Be Short
March 25, 2020

The former chairman of the Federal Reserve, Ben Bernanke, said he thinks the coronavirus-influenced recession will be a short one, and recovery will happen quickly, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Olympics Delay To Spark Marathon To Recoup Sunk Costs
March 25, 2020

A postponement is not a cancellation. 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...

Economy
UK Grocers Vow Faster Supplier Payments
March 25, 2020

Supermarkets Sainsbury’s and Aldi are joining the growing number of retailers pledging to reduce the time it takes to pay suppliers as the coronavirus pandemic continues, according to a KamCity report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
US Jobless Claims Expected To Be Highest Ever
March 25, 2020

The initial jobless claims report to be released Thursday (March 26) is predicted to show that due to the coronavirus pandemic, the largest number of Americans ever will have filed for unemployment benefits in such a short time, according to CNBC. Get the Full Story Complete...

Economy
Canadian SMB Confidence At Record Lows
March 25, 2020

The Canadian Federation of Independent Business (CFIB)’s latest Business Barometer indicated that small business confidence dropped to a new historic low with the impacts of the coronavirus pandemic. The national confidence level dropped an additional 19 index points from last month’s following a 10-point decline...

Economy
CO-OP Financial Launches Cardholder Relief Solutions Amid Coronavirus Pandemic
March 25, 2020

CO-OP Financial Services has launched a series of programs to help its credit clients relieve financial stress their members experience as a result of the coronavirus pandemic, the company announced on Wednesday (March 25). Get the Full Story Complete the form to unlock this article...

Economy
Equipment Order Slide Hints At Business Caution, Recession
March 25, 2020

Looking at economic indicators – those signposts that show where we are, as a nation, and where we’re headed – February was tough. March and beyond will likely get a lot tougher, as business spending pulls back, shutting down tailwinds of near-term (and even long-term) growth....