Dining out in New York City could soon be a reality again. 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...
More than half of college students say they can’t afford tuition, as the coronavirus crisis has taken a toll on many families’ ability to pay for school, according to a survey by OneClass. Get the Full Story Complete the form to unlock this article and enjoy...
Nearly 1.9 million Americans filed for unemployment benefits last week, as the number of workers seeking assistance since the coronavirus pandemic began in mid-March topped 42 million — three times the job loss in the Great Depression, according to the U.S. Department of Labor. Get the...
A top American Express executive sees trouble on the horizon for the economy as the effects of the COVID-19 recession continue to devastate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
While companies cut nearly 2.8 million jobs last month, Mark Zandi, chief economist at Moody’s Analytics, said it was far less than forecast and the worst of the economic impact of the coronavirus pandemic is behind us. Get the Full Story Complete the form to...
President Donald Trump will meet with senior advisors this week to discuss the possibilities of another pandemic-related stimulus package, this time with a focus on encouraging a return to work and public life, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the...
Real gross domestic product (GDP) is projected to plummet 52.8 percent in the second quarter, according to the Federal Reserve Bank of Atlanta’s GDPNow as of Monday (June 1). The model, which offers a “nowcast” of the official estimate before its release, had forecast a 51.2...
As Marriott surfaces out of pandemic lockdowns, the company has reopened all of its hotels in China and has experienced a corporate travel recovery, the BBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Even as the federal government has paid out unemployment cash at an unprecedented level over the last three months, an estimated one-third of those laid off due to the pandemic’s economic meltdown have not gotten checks. Get the Full Story Complete the form to unlock...
