Economy

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...

Economy
JPMorgan First Big Bank To Shutter Branches As Virus Spreads
March 19, 2020

JPMorgan Chase is temporarily closing 1,000 branches — about 20 percent of its locations — in the wake of the coronavirus, according to a report in The Financial Times citing an internal memo. It is the largest retail bank to shutter branches because of the pandemic. Get...

Economy
Coronavirus Triggers Job Losses, Reduced Hours
March 19, 2020

Millions of Americans are working from home or not working at all as businesses shutter or reduce hours in the wake of the coronavirus pandemic, according to a report by The Wall Street Journal on Thursday (March 18).  Get the Full Story Complete the form to...

Economy
The Light At The End Of The COVID-19 Tunnel
March 19, 2020

It is easy to get a little bit confused when one takes a step back and looks at the unfolding public reaction to the COVID-19 pandemic in the U.S. — because the reactions are a bit inconsistent. On the one hand, it’s easy to find...

Economy
COVID-19 Relief 101: What’s Passed Already, What’s Up For Debate And What’s Next
March 19, 2020

While the COVID-19 has been a looming and growing threat on the global stage since almost the start of the new year, for U.S. citizens, it has been more or less in seven days that have seen the world go from business more or less...

Economy
Hotels, Fashion Owners Considering Repurposing To Help Coronavirus Efforts
March 18, 2020

Businesses that are in one lane, like hospitality and fashion, could be temporarily pivoting to help in the ongoing coronavirus crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...