Try comparing the numbers of the COVID-19 economic asteroid hit to anything that came before, and it quickly becomes apparent that there is no apt comparison. Just under nine million Americans lost their jobs during the Great Recession of 2008, and it took about two...
Not all that long ago, we were hoarding toilet paper and flour — eyeing the proverbial rainy day when we’d need what we’d saved, as the coronavirus upended daily life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Congress adopted the $600 billion-plus Paycheck Protection Program (PPP) to help American small- to medium-sized businesses (SMBs) stay afloat by using forgiveness loans to keep their workers employed and cover certain overhead expenses while the economy was shut down. Get the Full Story Complete the...
For the small shops and independently owned restaurants that line America’s Main Streets from coast to coast, the past eight weeks have been a difficult time leading toward an incredibly uncertain future. Get the Full Story Complete the form to unlock this article and enjoy...
Following the frantic dash among small businesses for a portion of the government’s Paycheck Protection Program (PPP) funding, small businesses were faced with some difficult hurdles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Most businesses have been hit hard by the global pandemic, but perhaps no segment has been more crippled or left with a future more uncertain than the Main Street local establishments that rely on daily sales for traffic. Whether they happen to be a restaurant or boutique, they...
Bank of America has lowered its rating of Square Inc. by two notches Monday (May 18), downgrading the stock to “underperform” from “buy” amid fears that shops, restaurants, and salons will struggle once COVID-19 funds are spent. Get the Full Story Complete the form to unlock...
The ongoing coronavirus pandemic will cause the death of more than 100,000 small and medium-sized businesses (SMBs), triggering a tsunami of bankruptcies nationwide, new research shows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In Toronto, a new service called DMS ShopHERE, powered by the Schulich School of Business, aims to help small companies and artists move their businesses online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
