Economy

Economy
Labor Agency Finds COVID-19 Took Bigger Toll On Jobs Than Forecast
June 30, 2020

COVID-19 and the shutdowns enacted to combat the virus deprived the world’s workers of the equivalent of 480 million 40-hour-a-week jobs during the past three months, the United Nations-affiliated International Labour Organization reported today. Get the Full Story Complete the form to unlock this article...

Humana, Walmart Link Up For COVID-19 Testing
June 30, 2020

Humana said it is planning “an innovative new collaboration” that will make it “the first healthcare company to offer its members drive-through [COVID-19] testing at hundreds of Walmart Neighborhood Market drive-through pharmacy locations across the country.” Get the Full Story Complete the form to unlock...

Economy
Coronavirus Refunds: Amica Insurance Unveils COVID-19 Reimbursement Program
June 29, 2020

As the pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to use. Insurance firms are refunding a portion of their customers’ monthly auto premiums. Get the Full Story Complete the form to...

Economy
US Jobless Rate Reportedly Surpasses 47 Pct Of Population
June 29, 2020

The U.S. Department of Labor (DOL) said the nation’s unemployment rate was 13.3 percent in May, but a closer look shows that the number is actually more than three times as large. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Fed’s Powell: Path Forward Under Coronavirus Remains Uncertain
June 29, 2020

With the coronavirus still surging in the United States, Federal Reserve Chairman Jerome Powell is unsure about how the economy will fully recover, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Infection Report Causes Drop In Planet Fitness Shares
June 29, 2020

Planet Fitness shares fell 6.3 percent following reports of possible coronavirus infections at a West Virginia location, Bloomberg 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
New Report: How A Global Pandemic Created A Digital-First Customer In 12 Weeks
June 29, 2020

On March 11, 2020, the World Health Organization declared COVID-19 a global pandemic. Then, cases in the U.S. had hit 1267 and there were 38 deaths, most of them concentrated north of Seattle, Washington. Worldwide, there were a reported 120,000 cases and 4,300 deaths. The...

Economy
San Francisco To Delay Next Wave Of Reopenings Amid COVID Spike
June 28, 2020

San Francisco’s planned next phase reopening scheduled for Monday (June 29) for outdoor bars, hair salons, museums and more has been put on hold. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Coronavirus Refunds: Airlines Promise To Reimburse Travelers With Fevers For Tickets
June 26, 2020

As the coronavirus pandemic continues to disrupt everyday life the world over, some consumers might not be healthy enough to travel. And airlines are vowing to provide refunds to those who are not allowed to board airplanes due to a fever if the federal government...