The new report from the National Association of Business Economists (NABE) finds respondents to the August 2020 NABE Economic Policy Survey think the U.S. economy has been in a recession since February and will likely continue to be so for the next few years. Get...
The World Health Organization’s (WHO’s) March 11 announcement labeling the COVID-19 outbreak a pandemic marked the end of business as usual in the United States. State and local governments began issuing stay-at-home orders soon afterward, putting all non-essential business operations on hold. Get the Full...
Nearly half of the nation’s states have been given the green light to issue $300 in federal weekly jobless benefits to help replace lost wages for Americans who are unemployed due to COVID-19, according to a list from the Federal Emergency Management Agency (FEMA). Get...
Consumers confronting the COVID-19 outbreak are buying less and saving what they can, and retailers’ revenues are plummeting as a result. This is leaving many merchants wondering if they will be able to access the cash they need to remain open and — if they...
Staggered reopenings. Tourism booms that might prove temporary. Each U.S. business vertical hard-hit by the pandemic has been impacted in different ways. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
For college students, the subject of fees — and how to pay for them — is notoriously thorny. And now, the COVID-19 era is making things even more complicated, as different schools are taking different approaches. Get the Full Story Complete the form to unlock...
What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? Get the Full Story Complete the form to unlock this article...
Despite predictions that the number of Americans seeking jobless benefits would drop for the second consecutive week, more than 1 million laid-off employees requested benefits last week, the U.S. Department of Labor (DOL) reported on Thursday (Aug. 20). Get the Full Story Complete the form to unlock this...
White House economic advisor Larry Kudlow said the economy is rebounding “very, very strongly” and would continue to do so, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
