The 2021-22 forecast for the U.S. GDP was revised upward by Deutsche Bank economists on expectations that the proposed $1.9 trillion pandemic stimulus package will pass both Congressional chambers, Reuters reported on Wednesday (Feb. 24). Get the Full Story Complete the form to unlock this...
No two recessions are exactly alike. 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 to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
For manufacturers and supply chains, there’s a wide difference between reacting to the pandemic, getting through it — and tackling what’s next. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Consumer confidence hit a three-month high in February as cases of COVID-19 continue to drop and vaccine distribution expands, according to a Tuesday (Feb. 23) report from The Conference Board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
An unintended side effect of the pandemic has been that younger Americans have found it more freeing to work from home and move to areas of their liking, even those outside of big areas where their corporate offices are located, according to a report from...
Royal Caribbean CEO Richard Fain said he has seen a number of signs that the cruise industry could recover from its pandemic-related economic strife, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
President Biden plans to rework the U.S. Paycheck Protection Program (PPP) so that smaller companies, those in underserved communities and those owned by minorities gain increased access to the program. The widely reported changes will kick off Wednesday (Feb. 24) with a two-week span when...
Blue-collar workers for the most part are faring better than white-collar workers during the pandemic-induced recession, something of a flip compared to other recent economic downturns, The Wall Street Journal (WSJ) reported Sunday (Feb. 21). Get the Full Story Complete the form to unlock this...
Fourth-quarter eCommerce sales in 2020 topped out at almost $207 billion, a 1.2 percent drop from the third quarter, but up 32.1 percent compared to the same period in 2019, the Census Bureau of the Department of Commerce reported on Friday (Feb. 19). Get the...
