Wednesday’s Commerce Department retail sales figures showed in no uncertain terms that consumer spending for non-essential goods has taken a huge hit. While the overall drop was in the neighborhood of 8 percent, the plunge in non-essential goods like apparel (down 50.5 percent) and furniture...
Hundreds of retailers – both direct-to-consumer (DTC) and traditional – have lent their expertise and capital to helping the world recover from the devastation of the COVID-19 virus. At organic skincare company Nuria, that sense of community is built into its DNA. Yes, it’s contributing...
To help unbanked consumers and their families receive economic stimulus funds faster, 7-Eleven Inc. is providing a Trans@ct by 7-Eleven® Prepaid Mastercard®. The U.S. Treasury Department has started sending out the payments, but some individuals might have to wait weeks or months to get them through the...
With the first move toward a system of checks on workers around the world, Amazon CEO Jeff Bezos said the eCommerce retailer is creating COVID-19 testing capabilities. The news surfaced in an annual letter to shareholders that was cited in a Bloomberg report. Get the...
Accelerated data sharing has become a focal point for small business lenders and FinTechs looking to speed up the time it takes for SMBs to apply for and receive much-needed funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
With the coronavirus forcing small- to medium-sized business (SMB) owners to digitize, adjust business models, close their doors or furlough staff, entrepreneurs are quickly recognizing that the old ways of operating no longer cut it in today’s volatile, remote world. Get the Full Story Complete...
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After receiving over 3 million applications as the coronavirus pandemic continues, an emergency loan program helmed by the Small Business Association (SBA) is running low on funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Sports betting site DraftKings is only issuing credits while events are canceled during the pandemic, but that hasn’t stopped it from plans to go public this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
