Economy

Economy
Fraudsters Request Pre-Payment For Bogus COVID-19 Vaccine
March 19, 2020

Phone scammers claiming to be from the Centers for Disease Control and Prevention (CDC) are saying they have a vaccine to cure the coronavirus (COVID-19), and are asking for credit card and Social Security numbers from unsuspecting victims to reserve it, according to a report...

Economy
Compass Airlines Becomes Victim Of Coronavirus, Shutters
March 19, 2020

A regional airline that handles smaller routes for American And Delta has shuttered due to the economic implications of the coronavirus pandemic, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Coronavirus-Related Unemployment Filings Soar By 70K
March 19, 2020

Coronavirus-related unemployment filings have surged by 70,000 as people temporarily lose jobs or see hours reduced from full-time to part-time, according to a Thursday (March 19) Associated Press report.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Elon Musk Offers To Make Ventilators Amid Coronavirus Pandemic
March 19, 2020

New York City Mayor Bill de Blasio has asked Tesla and SpaceX CEO Elon Musk to make good on his offer to manufacture ventilators to combat the ongoing coronavirus pandemic, according to a report by The Verge. Get the Full Story Complete the form to...

Economy
US Pandemic Protocols Could Hamper Chinese Production
March 19, 2020

As factories in China start firing up assembly lines again they will be confronted with U.S. protocols in place to contain the coronavirus, according to an Associated Press report on Thursday (March 19). Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Can One Startup Fill The US Coronavirus Testing Gap?
March 19, 2020

While there is no shortage of individual negative effects of the COVID-19 epidemic, the ongoing uncertainty of the pandemic’s effect on people in the U.S. and around the world remains just as powerful as the disease itself. Get the Full Story Complete the form to...

Economy
Hedge Fund Manager Ray Dalio Posits $4T Fallout From COVID-19
March 19, 2020

Investor Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, told CNBC on Thursday (March 19) he estimates the coronavirus pandemic will cost American businesses as much as $4 trillion. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Coronavirus Update: Alphabet Project May Have Privacy Concerns; More Scams May Loom With Gov Payments
March 19, 2020

Google’s attempts to aid the world during the outbreak of the coronavirus could have privacy concerns, according to some U.S. senators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
US Tech Retailers Left With Empty Shelves; Mall Operator Simon Shuts Down
March 19, 2020

The coronavirus is closing malls and leading to layoffs at restaurants while boosting laptop sales amid a move to remote work, among other economic impacts. Here are the latest updates on the coronavirus around the world. Get the Full Story Complete the form to unlock this article...