International Monetary Fund (IMF) Managing Director Kristalina Georgieva said in remarks prepared for delivery Tuesday (Oct. 6) that the world economy is looking better than the organization predicted three months ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
With another coronavirus relief package stalled in Congress, Federal Reserve Chair Jerome Powell is warning of “tragic” consequences if the federal government fails to provide more support for struggling businesses and households. Get the Full Story Complete the form to unlock this article and enjoy...
A new survey revealed teenagers spent less money on food, events and concerts during the COVID-19 pandemic amid fear of a worsening economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
International business leaders are calling for urgent action to counter “elevated” downside risks from a global economy that is in its “worst state in a century.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The past six months have been unquestionably difficult for movie theaters. 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...
As the pandemic continues, so does the lagging economy — and a spate of now permanent layoffs, CNN reported. 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...
On the heels of Hollywood’s decision to postpone the James Bond film “No Time To Die” premiere until next spring, the world’s second-largest movie theater chain and its U.S. division said they are considering temporarily closing all of their cinemas, according to Reuters. Get the...
Despite a move by major airlines to drop fees to lure customers, the chief operating officer of Airbus said Saturday (Oct. 3) the outlook for the aviation industry is grim as COVID-19 infections rise and travel restrictions resume, Reuters reported. Get the Full Story Complete...
U.S. consumers feel better about the economy than they have in six months, according to the latest data released by the University of Michigan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
