Economy

Economy
COVID Spawns Local SMB Loans, Mask Shortages And More Suburban Starbucks
November 04, 2020

With federal COVID-19 stimulus programs dried up for the moment and talks to renew them stalled, local communities are looking to fill the void by providing loans to SMBs that have been slammed by the coronavirus. Get the Full Story Complete the form to unlock...

Economy
Europe’s Economy On Edge As Second COVID Wave Hits
November 04, 2020

A top European Central Bank (ECB) policymaker has added his voice to rising concerns that renewed COVID-19 restrictions could cause a further downturn in the continent’s economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
ADP October Jobs Report Misses Optimistic Projections
November 04, 2020

Private sector payroll was sluggish in October, according to an ADP report on Wednesday (Nov. 4). The numbers missed optimistic projections as coronavirus infections continued to surge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
New York City Sees Surge In Street Vendors
November 03, 2020

Street vendors selling apples and other odds and ends became a common sight during the Great Depression. 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...

Economy
Manufacturing Momentum Predicts Consumer Spend Recovery
November 02, 2020

Seems like the rebound has legs. 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...

Economy
UK Businesses Brace For More Hard Times As Pandemic Triggers New Lockdown
November 02, 2020

Amid a resurgence of COVID-19 cases, a new national lockdown was announced in the U.K. that will take effect on Thursday (Nov. 4) and continue through Dec. 2, according to new guidance issued by the government on Monday (Nov. 2). Get the Full Story Complete...

Economy
Mortgage Delinquencies, Eviction Notices Pile Up As Protections Wind Down
November 02, 2020

With federal protections on mortgage delinquencies and evictions that were put in place during the COVID crisis set to end December 31st, a growing backlog of non-payment by both owners and renters poses a major threat to the nation’s economic recovery. Get the Full Story...

Economy
Increased Consumer Demand For Durable Goods Fires Up Factories 
November 02, 2020

Accelerating demand for durable goods like cars and appliances is kicking up manufacturing at Asian and European factories despite rising cases of COVID-19, according to a Wall Street Journal (WSJ) report on Monday (Nov. 2).  Get the Full Story Complete the form to unlock this...

Economy
COVID-19 Shutdowns Re-Emerge, But Consumers Are Ready To Stay Home Anyway 
November 02, 2020

The COVID-19 numbers are bad almost every place one looks in the United States and Europe. It isn’t much of an exaggeration to say that on the eve of the holiday season, leaders, politicians and medical experts worldwide are preparing for the worst. Get the Full Story...