Economy

Markets
SoFi User Base Triples Since January
July 15, 2020

SoFi’s daily trading volumes have surged as of the beginning of this year, while its user base has dramatically risen, SoFi CEO Anthony Noto said in a televised interview. The report comes as a number of big banks have also reported trading volumes are up...

Economy
Stimulus Package May Be Unveiled Next Week
July 15, 2020

More relief could be on the way for Americans hurting from the economic impacts of COVID-19. 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
Fed’s Harker Warns Of Economic Fallout Of Increased COVID Cases
July 15, 2020

Philadelphia Federal Reserve President Patrick Harker says the mass spikes in coronavirus cases across the U.S. will likely dampen the economy as well, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Coronavirus Refunds: Big Fresno Fair Concert Ticket Holders To Get Reimbursements
July 14, 2020

As the pandemic continues to disrupt everyday life the world over, many consumers are seeking reimbursements on things they have already paid for but may not be able to use. Refunds are now being offered to those who have purchased concert tickets. Get the Full...

Economy
Consumer Price Index Reports First Rise In Three Months
July 14, 2020

After three months of decline, the Consumer Price Index (CPI) from the U.S. Bureau of Labor Statistics (BLS) rose 0.6 percent in June for all items, buoyed by rises in the food and energy categories. Get the Full Story Complete the form to unlock this...

Economy
Fed’s Brainard: Economic Recovery So Far Could Be Temporary
July 14, 2020

Federal Reserve Governor Lael Brainard said the road to recovery for the U.S. economy won’t be an easy one, according to The Wall Street Journal (WSJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
More SMBs Throw In The Towel After Lockdown Restrictions
July 14, 2020

The resurgence of the COVID-19 has delivered a crippling blow to many small businesses, The New York Times 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...

Economy
The Four COVID Personas, Part 4: ‘Office Shifters’
July 14, 2020

Over months of research in which we surveyed more than 18,000 U.S. consumers, PYMNTS has identified four distinctly new shopper personas emerging from the pandemic fog. All four of the post-COVID personas are fascinating in their own ways, but the “office shifter” is unique. Get...

Economy
California Goes Back Under Lockdown
July 13, 2020

The number of coronavirus cases in the U.S. surpassed 3.3 million on Monday (July 13) as the nation’s death toll exceeded 135,000, according to Johns Hopkins University. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...