With talk about reopening the U.S. economy come questions around how schools are going to handle reopening. 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...
Amid decreasing consumer confidence and increasing job losses, the economic impacts of the coronavirus continue to build. While 91.5 percent of renters in buildings that are professionally managed made payments in full or in part as of April 26, 95.6 percent made payments during the...
National Economic Council Director Larry Kudlow said he expects the impact of the coronavirus pandemic will bring even more economic pain through June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Nearly 4 million U.S. home mortgages — or 7.3 percent of the total — have entered into “forbearance” programs with their lenders as the COVID-19 economic crisis has left owners unable to pay, figures out Friday (May 1) show. Get the Full Story Complete the...
Democratic Congressional leaders are seeking up to $1 trillion in the next coronavirus aid package, a number that will almost surely run into controversy with Republicans who have very different priorities, according to a report by the Associated Press. Get the Full Story Complete the...
Economic data released Thursday (April 30) may hint at a “one-two punch” for consumer spending — indicating a reluctance to spend now, yes, but paycheck pressures may keep purses and wallets closed for a while. Get the Full Story Complete the form to unlock this...
Consumer spending in the U.S. plummeted 7.5 percent in March, the steepest drop in 61 years, as the coronavirus pandemic continues to ravage personal income, according to the Thursday (April 30) report from the Commerce Department. Get the Full Story Complete the form to unlock...
The coronavirus pandemic has triggered the biggest drop in the U.S. economy since the Great Recession, and economists are warning that the worst is yet to come. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Representatives from Toyota, Hilton, Wynn and Waffle House, among others, were said to have met with President Donald Trump Wednesday (April 29) to discuss the methods to reopen the U.S. for business, according to a CNBC report. Get the Full Story Complete the form to...
