Economy

Economy
Scalefast: Hopes For The Global Economy And eCommerce Industry
January 26, 2021

Olivier Schott, co-founder and chief product officer of Scalefast, details what will be essential to recovery in 2021: accelerated globalization to drive eCommerce, expansion of free trade for accessible supply chains, and more guidance for companies navigating international taxation and regulatory compliance. Read his insights...

Economy
NY Fed: US Consumer Optimism Surges For Long Term
January 25, 2021

A new study from the Federal Reserve Bank of New York shows that people expect the economy to rebound by next year, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
OMNi: Ensuring Zero Margin Between Politics And Technologies
January 25, 2021

Angélica León, chief strategy officer at OMNi, believes that 2021 calls for a more balanced approach that results in healthy competition and a sense of accountability. In “A Look Forward: What Executives Wish for America and the World in 2021, discover how her firm is focusing...

Economy
New Data Shows Eurozone Sliding Into Second Recession
January 22, 2021

The latest surge of COVID-19 infections is pushing the Eurozone into a second recession, squashing hopes for a near-term rebound of the global economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
i2C: Embracing Connectedness And Unpredictability
January 21, 2021

“Dealing with a lot of abstraction and contemplating a lot of contingencies is not easy,” noted Amir Wain, founder and CEO of i2C, in “A Look Forward: What Executives Wish for America and the World in 2021.” Read on for Wain’s insights on how firms...

Economy
New Jobless Claims Dip Below Forecasts
January 21, 2021

New jobless claims dipped to 900,000, down 26,000 from the previous week’s revised level and below economists’ forecasts of 925,000, according to the weekly report released Thursday (Jan. 21) by the Bureau of Labor Statistics (BLS).  Get the Full Story Complete the form to unlock this...

Economy
Restaurants Report Revenue Hikes After $900 Billion Stimulus
January 20, 2021

Restaurant chains say the recent personal stimulus checks have helped them out, a Wall Street Journal report says, though spending patterns from last time around suggest that might not last. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
European Banks Lend Less, Fearing Bad Loans During Pandemic
January 19, 2021

Euro area banks have scaled back lending in order to shield against risk, a new European Central Bank (ECB) survey says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Economy
Relocations And Remote Work Hit San Francisco’s Finances
January 18, 2021

San Francisco’s budget has been hit hard by the pandemic restrictions that have many people working remotely, with some moving to other places with lower costs of living. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...