Economy

Economy
Jumia To Aid With Delivery Of Essentials In Africa
March 23, 2020

Nigeria-based eCommerce and payments startup Jumia is supporting the fight against COVID-19 in Africa by using its platform to offer information, delivery and supplies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
‘Non-Essential’ Retailers Step Up For Their Employees
March 23, 2020

Let’s face it, if you’re a supermarket or pharmacy chain that is most likely seeing the same or even more revenue during the COVID-19 crisis, it’s fairly easy to give employees bonuses and commit to their long-term employment. But for non-essential retail, stepping up takes...

Economy
Airlines Shift From Passengers To Cargo
March 23, 2020

For the airline industry, keeping at least some top line in place to cover enormous fixed costs is a critical strategy as demand for travel has cratered. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
PYMNTS Study Tracks COVID-19 Changing Life In America
March 23, 2020

As PYMNTS reports daily on developments with the new coronavirus that has disrupted life around the world with alarming speed, the latest in our ongoing series, “Navigating The COVID-19 Pandemic: How Consumers Are Reorganizing Their Lives in the Wake of the Outbreak,” sheds more light...

Economy
Goldman, Morgan Stanley Predict COVID-19 Will Trigger Economic Devastation 
March 23, 2020

Economists at Morgan Stanley and Goldman Sachs Group are warning that the coronavirus will be more economically devastating than originally forecasted, according to a Sunday (March 22) Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
The 11 Days That Changed The Consumer’s COVID-19 Mindset
March 23, 2020

Thursday, March 19 was the first day of spring in the U.S. — a season that is symbolic of rebirth and renewal after a long, cold winter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Dems, GOP Divided As Coronavirus Stimulus Package Fails Senate
March 23, 2020

A procedural vote to advance the estimated $1.3 trillion coronavirus stimulus package failed the Senate 47-47, lacking the 60 votes needed, according to a Sunday (March 22) Wall Street Journal (WSJ) report.  Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Overstock: Fixing Supply Chain’s Weakest Link
March 23, 2020

If there was ever a time to have a tight handle on the supply chain, this is it. Just ask the people at Overstock.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Retailers Woo Homebound Consumers With Big Deals
March 22, 2020

As the fast-spreading coronavirus changes daily life and affects every industry sector, businesses are finding new ways to stay afloat and keep customers fed and entertained. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...