The Congressional Budget Office (CBO) is anticipating a grim second quarter this year as the economy sputters amid coronavirus-related layoffs and business closures, CBO director Phill Swagel said in a blog on Thursday (April 2). Get the Full Story Complete the form to unlock this...
New Hampshire FinTech Bottomline Technologies has launched a free initiative to help the nation’s banks provide relief to small businesses hurt by the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
According to a report, Le Bijou Hotel & Resort is offering a COVID-19 pandemic vacation for the man or woman who otherwise has everything. Of course, you have to get there first. The luxury hospitality company has nine locations – all in Switzerland. Get the...
As millions of people lose paychecks amid the coronavirus pandemic, some 48 million renters have missed their April 1 payments, causing financial trouble for mom-and-pop landlords, according to a CNBC report on Thursday (April 2). Get the Full Story Complete the form to unlock this...
The universal characteristics of the coronavirus are change and speed. 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 completing this...
Chicago-headquartered delivery unicorn Grubhub said it will spend $30 million to help support more than 100,000 independent restaurants and regional franchises as the coronavirus pandemic changes everyday life, the company announced on Thursday (April 2). Get the Full Story Complete the form to unlock this...
By the numbers the news is not bright this week — pretty much no matter where one looks as the coronavirus pandemic continues. Unemployment filings have had their second wrong type of record-breaking week in a row — with a staggering 6.6 million for the week...
These are the kinds of records that no one wants to see broken. 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....
In another sign that the nation’s economy is suffering amid the COVID-19 pandemic, the number of new jobless claims reached record levels last week, double the pace set a week ago, the U.S. Department of Labor reported on Thursday (April 2). Get the Full Story...