Economy

Economy
BofA CEO Bullish On Consumer Spending
January 26, 2021

Bank of America CEO Brian Moynihan said the U.S. economy is on better footing than earlier in the pandemic, but more stimulus aid will be needed, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Biden Administration May Be Open To Stricter Stimulus Requirements
January 26, 2021

The White House has signaled it could be open to modifying its next round of stimulus checks in order to target them to lower-income populations only, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Yelp Report Shows Local Businesses Slowly Recovering From Pandemic Lows
January 26, 2021

The U.S. economy is showing signs of recovery, with more than 230,000 local businesses reopening in late 2020, according to a new survey by Yelp. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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...