Economy

Economy
China Exports Tank 17 Pct
March 08, 2020

Chinese exports have fallen by 17.2 percent in the first few months of this year due to the heavy toll of the coronavirus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Commerce Takes Hit From Coronavirus With Travel, Supply Chain Impacts
March 08, 2020

Businesses and industries throughout the world are bracing for the economic impacts of the coronavirus as it disrupts supply chains, events and travel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Austin Mayor Announces Cancellation Of SXSW Due To Coronavirus
March 07, 2020

The annual music and culture festival SXSW in Austin, Texas has been canceled due to fears over the spreading of the coronavirus, according to a report by Dallas News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Report: 5G Will Add $2.2T To Global Economy
March 06, 2020

The Global System for Mobile Communications (GSMA) released a report that said 5G telecommunications technology will contribute $2.2 trillion to the worldwide economy between the years 2024 and 2034, according to a report by TechRepublic. Get the Full Story Complete the form to unlock this...

Economy
Coronavirus: eBay Prohibits New Listings For Hand Sanitizer, Face Masks; Analysts Lower Facebook Revenue Estimates
March 06, 2020

The coronavirus could have wide-reaching effects on technology manufacturing, eCommerce marketplaces and the economy as a whole. Here are the latest updates on the coronavirus around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
BLS Report Shows Static Retail Jobs Picture
March 06, 2020

Sometimes no news is good news. That’s the case with the new employment report from the Bureau of Labor Statistics, which showed that retail jobs held steady between January and February. The news was welcome after a disastrous report from December to January, a drop...

Economy
White House Mulling Coronavirus Tax Deferments
March 06, 2020

The Trump Administration is reportedly considering tax deferments for industries hit hard by the coronavirus, like the airline, travel and cruise industries, according to a report by The Washington Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
US Created 273K Jobs in Feb. Despite Coronavirus Fears
March 06, 2020

The U.S. economy created a hefty 273,000 nonfarm jobs in February and the unemployment rate fell to 3.5 percent from January’s 3.6 percent, as the market for workers remained firm despite early stages of the coronavirus scare. Restaurants and bars saw a particularly strong 53,000...

Economy
Healthcare Costs Concerning For Voters (And Their Wallets)
March 05, 2020

Perhaps it may be the coronavirus – understandably so – that is spurring Americans to think of healthcare costs. 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...