Economy

Economy
Big Tech Earnings Cement Digital-First Economic Shift
November 02, 2020

Economic headwinds abound. This week marks the culmination of an election season like no other. Virus cases are rising. 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...

Economy
NY Requires COVID-19 Tests For Travelers, Ends Quarantine Mandate
November 01, 2020

New York Gov. Andrew Cuomo is doing away with his policy of requiring travelers from COVID hotspots to quarantine, and will now instead be asking them to get tested for the virus before entering the state, CNBC reports. Get the Full Story Complete the form...

Economy
Companies Fear Economic Recovery Won’t Last
November 01, 2020

Even though many companies recently reported earnings that showed a faster-than-expected bounce back from the pandemic, executives remain leery about the foreseeable future, The Wall Street Journal (WSJ) reported Sunday (Nov. 1). Get the Full Story Complete the form to unlock this article and enjoy...

Economy
GDP Growth Makes Q3 Comeback, But Will COVID Nix Q4?
October 30, 2020

After what’s felt like a drumbeat of bad news about rising COVID-19 caseloads and economic problems around the world, there’s finally been a few breaths of good news. U.S. and European gross domestic product are bouncing back, while U.S. consumer spending is improving as well. Get...

Economy
US Personal Income Increase Beats Forecasts
October 30, 2020

September was the fifth consecutive month that U.S. personal income went up, posting an increase of 0.9 percent, the U.S. Bureau of Economic Analysis (BEA) reported on Friday (Oct. 30).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
What To Make Of The Gradual Return Of The In-Office Workforce
October 29, 2020

Anecdotally speaking, the physical world of work is feeling like a pretty lonely place these days. 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...

Economy
COVID Case Spike Adds Fuel To Digital-First Economy
October 29, 2020

COVID-19 is unfortunately seeing a new wave of infections. Outside of the health concerns and personal toll the disease is taking, the new developments are adding rocket fuel to the digital-first economy. This new acceleration of cases comes at a time when consumers are becoming...

Economy
GDP Surges – But What’s Next For The Consumer?
October 29, 2020

It was a pretty low bar to hurdle. 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...

Economy
US GDP Rebounds With 33.1 Pct Annual Increase
October 29, 2020

The Bureau of Economic Analysis reported on Thursday (Oct. 29) that real gross domestic product (GDP) rose at an annual rate of 33.1 percent in Q3 2020 as part of its “advance” estimate. Get the Full Story Complete the form to unlock this article and...