Economy

Economy
China’s Rebounding Economy Is Likely Exception, Not Norm
June 01, 2020

Manufacturing indexes in China show that the country’s post-pandemic economy is on the rebound, the latest reports indicate.  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...

Economy
Alabama Reopens And COVID-19 Cases Soar 300 Pct Month Over Month
May 31, 2020

After Alabama reopened on May 1, the state has seen coronavirus cases surge by 300 percent month over month, with intensive care units (ICUs) at less than 4 percent capacity remaining and medical workers “exhausted physically and mentally,” Montgomery Mayor Steven Reed said on CNBC....

Economy
Pandemic Leads To Short-Term Rental Sell-Off
May 31, 2020

The coronavirus pandemic has many smaller property owners looking to unload their properties to save money, which could lead to big owners seeing a market ripe with purchasing opportunities, according to a CNBC report. Get the Full Story Complete the form to unlock this article...

Economy
Coronavirus Refunds: Golden Knights To Reimburse Fans
May 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. For example, sports teams are offering fans reimbursements for games that won’t be played amid the pandemic. Get the Full...

Economy
United Airlines Announces Executive Staff Cuts
May 29, 2020

The “friendly skies” of United Airlines are not so friendly for employees facing layoffs as the pandemic has devastated the airline industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Economy
Chicago Purchasing Managers Index Tumbles To 38-Year Low
May 29, 2020

The widely watched Chicago Purchasing Managers Index fell to 32.3 in May, hitting its lowest level since the recession year of 1982 as the COVID-19 pandemic slammed business confidence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Mitch McConnell: ‘Final’ COVID-19 Relief Bill Coming In A Month
May 29, 2020

Senate Majority Leader Mitch McConnell said Congress will decide whether to pass another COVID-19 relief package soon. 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
Survey: Despite Pandemic, 1 In 4 Americans Say Their Wallets Are Fatter
May 29, 2020

While the number of laid-off workers who filed for jobless benefits exceeded 40 million last week, 1 in 10 Americans say COVID-19 has boosted their budget, according to a new survey. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Democrats Skeptical Of Second Round Of Stimulus Checks
May 29, 2020

House Democrats who had hoped to provide Americans with a second $1,200 stimulus check are facing opposition from members of their own party in the Senate, The Hill reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...