President Trump announced on Wednesday (May 6), in a series of tweets, that his COVID-19 task force would actually continue its work, but that it will focus on “safety and opening up our country again.” Get the Full Story Complete the form to unlock this...
The pandemic has spared no one on Main Street – the fallout has touched everyone, from the smallest of storefronts to the largest of mid-sized companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The European Union’s economy is on track to contract by 7.4 percent this year — shrinking at a higher rate than during the Great Recession — in the aftermath of COVID-19 devastation. Get the Full Story Complete the form to unlock this article and enjoy...
Making history many times over, the U.S. government passed $3 trillion as a life-support effort for American businesses, with a focus on preserving the nation’s economic backbone of small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and...
COVID-19 continues to take its toll on the nation’s workforce as the number of private-sector jobs fell by a record 20.2 million from March to April, including more than 11 million jobs from small- and medium-sized businesses, according to the April ADP National Employment Report....
With talk about reopening the U.S. economy come questions around how schools are going to handle reopening. 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...
Amid decreasing consumer confidence and increasing job losses, the economic impacts of the coronavirus continue to build. While 91.5 percent of renters in buildings that are professionally managed made payments in full or in part as of April 26, 95.6 percent made payments during the...
National Economic Council Director Larry Kudlow said he expects the impact of the coronavirus pandemic will bring even more economic pain through June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Nearly 4 million U.S. home mortgages — or 7.3 percent of the total — have entered into “forbearance” programs with their lenders as the COVID-19 economic crisis has left owners unable to pay, figures out Friday (May 1) show. Get the Full Story Complete the...
