The number of layoffs in the U.S. has skyrocketed as the COVID-19 crisis ravages the economy. At the same time, other companies, such as online retailer Amazon, have been hiring at a brisk pace. Get the Full Story Complete the form to unlock this article...
No need to wonder whether your stimulus check is on its way. 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...
“Think of something unthinkable, and then make sure you have a plan for it,” NuoDB CTO Ariff Kassam recently told PYMNTS. “For example, what would happen if Amazon failed and went out of business in a matter of weeks? How would that impact your company?...
James Bullard, president of the St. Louis Federal Reserve, estimated that the quarantine is costing the U.S. economy $25 billion each day and while the lockdown was “initially” necessary, it’s not efficient. Get the Full Story Complete the form to unlock this article and enjoy...
Austria is letting shops open again as it relaxes its coronavirus lockdown, while universities in the U.S. are taking measures to combat the economic impacts of the virus. Here are the latest updates on COVID-19. Get the Full Story Complete the form to unlock this...
U.S. Federal Reserve officials are facing a two pronged problem, Reuters reported: How do they reopen the economy while also making sure the coronavirus doesn’t have a second spike in infections later in the year? Get the Full Story Complete the form to unlock this...
JPMorgan Chase CEO Jamie Dimon said he doesn’t think the world is ready to start bringing workers back into their offices until June at the earliest, according to a CNBC report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Goldman Sachs‘ new prediction is that the economic fallout from the coronavirus pandemic will end up four times worse than the recession from 2008-09, but the recovery will be swift, according to a CNBC report. Get the Full Story Complete the form to unlock this...
The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things that they paid for but aren’t able to use. Here’s a roundup of some coronavirus-related refunds that vendors are offering — or consumers are demanding. Get the...