Royal Caribbean CEO Richard Fain said he has seen a number of signs that the cruise industry could recover from its pandemic-related economic strife, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
President Biden plans to rework the U.S. Paycheck Protection Program (PPP) so that smaller companies, those in underserved communities and those owned by minorities gain increased access to the program. The widely reported changes will kick off Wednesday (Feb. 24) with a two-week span when...
Blue-collar workers for the most part are faring better than white-collar workers during the pandemic-induced recession, something of a flip compared to other recent economic downturns, The Wall Street Journal (WSJ) reported Sunday (Feb. 21). Get the Full Story Complete the form to unlock this...
Fourth-quarter eCommerce sales in 2020 topped out at almost $207 billion, a 1.2 percent drop from the third quarter, but up 32.1 percent compared to the same period in 2019, the Census Bureau of the Department of Commerce reported on Friday (Feb. 19). Get the...
Countries that largely depend on exporting manufactured goods are starting to see economic recovery, even as service-oriented businesses continue to suffer from the pandemic’s toll on revenue, The Wall Street Journal reported on Friday (Feb. 19). Get the Full Story Complete the form to unlock...
Treasury Secretary Janet Yellen said she thinks there is a tremendous necessity to pass a large stimulus package to get the economy back on track, according to an interview published by CNBC. Get the Full Story Complete the form to unlock this article and enjoy...
In a CNN town hall on Tues. (Feb. 16), President Joe Biden hesitated to give a definitive timeline on when the U.S. will get back to some state of “normal,” but is optimistic that a year from now, recovery will be “significant.” Get the Full...
Corporate leaders are more confident about the U.S. economy than at any time in the past 17 years, according to a survey released on Thursday (Feb. 18). The Conference Board Measure of CEO Confidence, done in conjunction with The Business Council, went up in the...
Alarm is rising in the U.K. as a third national lockdown weakens businesses, threatening millions of people’s jobs. The result could be a jobless recovery, warned a top central bank official. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
