Economy

Economy
Lower US Jobless Rate Hides Those Who Quit Looking For A Job, Data Shows
October 21, 2020

Many unemployed U.S. workers simply gave up trying to find work in September after months of the coronavirus pandemic and ensuing recession, the Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
US Stimulus Talks Continue Though Deal Before Election Slim
October 20, 2020

U.S. House Democrats are signaling that progress is being made on talks about a new stimulus package. However, little indication that anything will be passed in the next two weeks before the November election, Financial Times (FT) writes. Get the Full Story Complete the form...

Economy
China’s Hotel Industry First To Show Growth Amid Pandemic
October 20, 2020

The hotel industry in China is back in business, experiencing year-over-year revenue growth despite the negative economic impact of the worldwide pandemic that locked down most of the globe, according to a Skift report on Tuesday (Oct. 20). Get the Full Story Complete the form...

Economy
Alacriti: Helping Clients Help Those They Serve
October 20, 2020

“As the effects of the pandemic persist, we continue to search for ways to make life easier for our clients and those they serve. We look forward to doing more as the need arises,” says Alacriti Senior Vice President Stuart Bain. Here, he details how...

Markets
SPACs Lure Payments Firms (And Others) — With Speed Bumps Ahead?
October 19, 2020

Special purpose acquisition companies (SPACs) are gaining traction in the payments space — but might there be speed bumps ahead? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Economy
Europe Sees More Restrictions To Fight Pandemic
October 19, 2020

As a mix of regional and national measures are put into place amid a “second wave” on the continent, governments throughout Europe have put forward more limitations to stem the proliferation of the coronavirus. Get the Full Story Complete the form to unlock this article...

Economy
After Summer Rebound, Canadian Businesses Brace For Harsh Winter
October 19, 2020

Canada’s economy has rebounded from the depths of the coronavirus-triggered downturn over the summer but still remains stuck in negative territory, a new Bank of Canada survey finds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
US Consumers’ FICO Score Hits Highest Since 2005
October 18, 2020

The COVID-19 pandemic has produced one ray of sunshine amid otherwise devastatingly dark clouds: Consumer credit scores have improved in recent months to the point of hitting a new record high, the Wall Street Journal reported Sunday (Oct. 18). Get the Full Story Complete the...

Economy
Lagarde: New COVID Restrictions Will Mean More Financial Aid
October 18, 2020

Recent restrictions on day-to-day life from the COVID-19 pandemic will also have to come with financial aid, according to European Central Bank President Christine Lagarde, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...