Economy

Economy
Economists: Stimulus, Vaccine Key To Full Recovery By Year-End 2021
December 08, 2020

The U.S. economic slowdown fueled by the COVID-19 pandemic is likely to continue into 2021 but could start bouncing back by mid-year as the population gets vaccinated, according to the December survey from the National Association for Business Economics (NABE). Get the Full Story Complete...

Economy
Retroactive Jobless Payments A Sticking Point In Coronavirus Stimulus Talks
December 07, 2020

Lawmakers on both sides of the aisle continue to haggle over what should be in the next coronavirus stimulus bill, with the question of whether jobless workers should be entitled to months of retroactive employment checks likely to be one of many sticking points. Get...

Economy
New York Indoor Dining Will Likely Be Halted If Hospitalizations Don’t Stabilize
December 07, 2020

Amid growing COVID-19 hospitalizations in New York, officials are revising indoor dining guidelines to include new restrictions if the rate doesn’t stabilize. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
J.P. Morgan Chase Adds Voice To Stimulus Debate
December 07, 2020

One of the nation’s largest financial institutions (FIs) is quietly pushing for another round of stimulus funding, with the focus on helping jobless workers and low-income families. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Airbnb Launches Nonprofit To Provide Housing During Crises
December 07, 2020

Airbnb has launched a new nonprofit — Airbnb.org — to offer assistance during this time of crisis and extend temporary housing to frontline workers, refugees, asylum seekers, evacuees and relief workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Vaccines Ready For UK; Data Shows Digital-First Habits Will Remain
December 07, 2020

A little under a week after gaining approval for use by U.K. authorities, the United Kingdom will officially begin offering up doses of the Pfizer COVID-19 vaccine to its citizens on Tuesday (Dec. 8). Get the Full Story Complete the form to unlock this article...

Economy
New US Stimulus Proposal May Include $288 Billion In Small Business Aid
December 06, 2020

The U.S. Senate may as early as Monday take up a new $908 billion stimulus package that includes help for small- to medium-sized businesses (SMBs) and state and local governments but will not include checks to U.S. households, the Financial Times (FT) reported. Get the...

Economy
November Jobless Rate Falls To 6.7 Pct, But US Adds Disappointing 245,000 Nonfarm Jobs
December 04, 2020

The U.S. Bureau of Labor Statistics reported on Friday (Dec. 4) that America added 245,000 nonfarm jobs in November — a continued improvement since the pandemic economic crash, but far lower than the 440,000 job gains that economists had expected. Get the Full Story Complete the...

Economy
DATA: Digital-First Consumers Want The COVID-19 Vaccine, But It Won’t Change Their Digital-First Habits
December 04, 2020

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