Economy

Economy
US Extends Cruise Ship Ban As Industry Presses To Set Sail
October 01, 2020

Any consumers still out there hoping to go on a cruise will now have to wait until at least after Halloween before they can cast off again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
US Jobless Claims Fall To 837,000 But Remain At Historically High Levels
October 01, 2020

The number of Americans who applied for jobless benefits fell slightly last week as the nation’s employers continue to cut large numbers of workers amid COVID-19, according to data released Thursday (Oct. 1) by the U.S Department of Labor (DOL). Get the Full Story Complete...

Economy
COVID Restrictions Leave Second-Hand Clothing Market Bursting At The Seams
September 30, 2020

Dwindling sales and mounting donations have spelled doom for the market for buying recycled clothing, Reuters reported. 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
Mnuchin, Pelosi Fall Short Of Agreeing On New Stimulus Deal
September 30, 2020

Despite talks over a two-day period to reach a compromise on a new stimulus package, House Speaker Nancy Pelosi (D-California) and Treasury Secretary Steven Mnuchin failed to strike a deal, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Economy
US GDP declined by 31.4 percent in Q2, Slightly Better Than Estimates
September 30, 2020

For the U.S. GDP, a slight improvement of some very bad numbers is an improvement, technically. 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
ADP, Paychex Employment Reports Show Some Recovery For SMBs
September 30, 2020

Two new reports show that the U.S. job market continued to slowly recover in September, although small businesses reported only small gains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Salesforce Sets Up ‘Work.com For Vaccines’ To Handle COVID-19 Programs
September 30, 2020

San Francisco-based Salesforce is gearing up for expected COVID-19 vaccination campaigns by setting up Work.com for Vaccines, which will “help governments and healthcare organizations more safely and efficiently manage vaccine programs,” the company said in a press release. Get the Full Story Complete the form...

Economy
‘What Did You Change?’ 34 Payments Execs Weigh In On Payments, The Pandemic And New...
September 30, 2020

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 receive marketing communications from PYMNTS and...

Economy
NYC Sees 40 Pct Hike In Bankruptcies As Office Workers, Tourists Stay Home
September 29, 2020

Bankruptcy filings are surging in New York City with almost 6,000 closures, representing a 40 percent increase, according to Bloomberg, and it’s forecasted to keep getting worse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...