- Tuesday 3rd May - 3:00 pm
Pandemic recovery is real and making its way quantifiably across America’s cities and regions.
According to The Main Street Index: How America’s Small To Mid-Sized Businesses Are Rebuilding For A Post-Pandemic ...
- Sunday 20th March - 3:39 pm
Inflation in the U.S. and a new wave of COVID-19 infections elsewhere in the world are likely to slow people’s transition out of the house and back to pre-pandemic pastimes. ...
- Friday 5th November - 11:34 am
The great reopening is hitting companies in different ways, as evidenced in the ongoing earnings season’s reports and commentary.
At this writing, and perhaps most visibly, shares of Peloton are down ...
- Monday 12th April - 5:01 pm
By the numbers, saying the travel industry had a terrible year is a massive understatement. In the wake of a global pandemic, the year was so bad that apocalyptic only ...
- Monday 12th April - 11:00 am
Shoppers and drinkers in the U.K. took the streets overnight and lined up to get into the country’s retailers, pubs and hair salons, which were allowed to open for the ...
- Tuesday 30th March - 10:24 pm
After what fans have felt like a very long time, baseball is getting back to normal on April 1 as opening day officially happens nationwide. There was a baseball season ...
- Monday 15th March - 12:06 pm
As vaccines are being distributed worldwide, a return to something that looks a lot like pre-pandemic normal could be coming soon. And in some places, over the last week or ...
- Monday 10th August - 3:30 pm
Consumers in the United States began to feel a bit more pessimistic in July about their prospects, in the latest sign that the recovery from the coronavirus downturn may be ...
- Tuesday 4th August - 7:54 pm
LendingClub posted second-quarter results on Tuesday (Aug. 4) that showed a drop in origination volume as anticipated, while loan investor demand displayed early indications of recovery.
In terms of headline data, ...
- Tuesday 4th August - 3:15 am
The global pandemic has changed commerce fundamentally — a fact confirmed in Visa’s new Back to Business study.
To say that consumers have shifted dramatically toward digital commerce — or that ...
- Sunday 2nd August - 8:16 pm
The U.S. economy would be best served if the nation were to be locked down for up to six weeks, Minneapolis Federal Reserve Bank President Neel Kashkari advised.
In a CBS ...
- Thursday 30th July - 1:16 pm
The worldwide COVID-19 economic crash has sent major automakers’ revenues and profits plunging over a cliff. Nonetheless, some see signs of an impending recovery.
For its part, Germany’s Volkswagen said on ...
- Wednesday 29th July - 8:05 pm
Federal Reserve Chair Jerome Powell said Wednesday (July 29) that the road to economic recovery is “extraordinarily uncertain” and will be heavily influenced by how well the country keeps the ...
- Wednesday 29th July - 5:16 pm
Mobile order-ahead, added pickup windows, curbside/contactless delivery and other stopgaps of the COVID-19 era are keeping surviving food establishments in business with desperately needed cash flow. But while these measures ...
- Tuesday 28th July - 6:06 pm
The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case scenario.
Earlier forecasts from the industry ...
- Monday 27th July - 3:32 pm
In today’s top news, economists say the U.S. economy could take two years to recover, and Google faces a lawsuit in Australia over its use of personal data. Plus, Wells ...
- Monday 27th July - 11:03 am
Retailers are starting to pay the rent. A new report from the National Association of Real Estate Investment Trusts (NAREIT) shows that rent collections for free-standing and shopping mall-focused real ...
- Monday 27th July - 7:10 am
As lockdowns resume in many U.S. states from a surge in coronavirus cases, a poll suggests the economic recovery has slowed.
In a Reuters survey, economists warned any job recovery is ...
- Monday 27th July - 4:00 am
As the U.S. shellfish industry was headed into 2020, the big concern was climate change. People who made their living in the business were worried that higher ocean temperatures would ...
- Monday 27th July - 4:00 am
It’s been long said that small- to medium-sized businesses (SMBs) are the backbone of the American economy.
That’s hard to argue with considering more than 99 percent of American firms are ...
- Thursday 23rd July - 7:12 pm
In a sign that the Las Vegas Strip is not near its usual level of operations, Wynn Resorts Ltd. is positioned to put staffers on leave and close select operations ...
- Thursday 23rd July - 6:11 pm
For consumers who usually patronize the biggest operators of theaters in the U.S., going to the movies will mean settling into the couch for the next few weeks.
AMC Theatres said ...
- Wednesday 22nd July - 6:12 pm
It was a bad week for airline stocks as bookings contracted on renewed coronavirus fears. PYMNTS reported earlier this week on new Transportation Security Agency (TSA) figures that travelers through U.S. airport checkpoints were ...
- Tuesday 21st July - 4:59 pm
As earnings season starts up, the world is getting a glimpse into how the global pandemic and subsequent economic meltdown is impacting firms of all kinds. Of particular interest to ...
- Tuesday 21st July - 4:00 am
COVID-19 has hit the U.S. economy hard, but few areas were hit harder than small businesses. Roughly 90 percent of them are dubbed “microbusinesses,” which have fewer than 10 employees ...
- Monday 20th July - 5:09 pm
As small- to medium-sized businesses (SMBs) keep contending with the effects of the pandemic, Verizon Business rolled out its inaugural SMB resource hub, according to an announcement. The “one-stop destination” ...
- Monday 20th July - 4:00 am
Voice technology was already on the rise long before the global pandemic broke out, with a steadily increasing share of consumers using voice assistants like Siri or Alexa to shop, ...
- Sunday 19th July - 8:36 pm
Despite trimming jobs and minimizing operations as COVID-19 spread earlier this year, large U.S. companies now say that’s not enough.
As the virus has reemerged leading to business shutdowns for a ...
- Friday 17th July - 4:41 pm
It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have ...
- Friday 17th July - 3:46 pm
New York City Mayor Bill de Blasio said the city is set to enter the last phase of reopening on Monday (July 20), Bloomberg News reported.
“Phase Four means a lot ...
- Friday 17th July - 1:06 pm
BlackRock CEO Larry Fink has three words of advice for Americans who want to help the U.S. economy recover from the COVID-19 crisis: wear a mask.
“If we all wore a ...
- Friday 17th July - 4:00 am
Despite some positive key performance indicators delivered this week, the U.S. retail and economic recovery is still facing serious headwinds.
The positive news came in the form of U.S. retail sales, ...
- Thursday 16th July - 6:06 pm
New York Gov. Andrew Cuomo is threatening to close down restaurants that are not following social distancing rules to stem the coronavirus, CNBC reports.
Cuomo, during a conference call on Thursday ...
- Thursday 16th July - 10:49 am
Back in April, the news on the retail front was gloomy, to say the least, with sales plunging by a record 16.4 percent. But that was back when the COVID-19 ...
- Thursday 16th July - 4:00 am
Admittedly, it might seem like a strange time to be launching an innovative travel insurance product given how much the tourism industry has contracted in the wake of the global ...
- Wednesday 15th July - 11:00 pm
The National Restaurant Association has issued a Blueprint for Restaurant Revival to help stabilize and stimulate the industry, including funding for restaurants and at-risk communities in need of help, according ...
- Wednesday 15th July - 4:02 am
Consumers were already changing their retail preferences before anyone had heard of COVID-19, let alone had their life utterly upended by it.
Nick Molnar, co-founder and U.S. CEO of Afterpay, recently ...
- Tuesday 14th July - 4:51 pm
Federal Reserve Governor Lael Brainard said the road to recovery for the U.S. economy won’t be an easy one, according to The Wall Street Journal (WSJ).
Brainard said the apparent steps ...
- Tuesday 14th July - 2:40 pm
The resurgence of the COVID-19 has delivered a crippling blow to many small businesses, The New York Times reported.
In places that had reopened such as Texas, Florida and California, it ...
- Monday 13th July - 2:43 pm
A somewhat rocky reopening is afoot in America as businesses try to meld governmental mandates with the realities of foot traffic to forge new models from existing retail concepts.
This is ...
- Monday 13th July - 11:00 am
The retail recovery continues to be inconsistent, as new reports show that upstream ordering issues will start to hurt suppliers and intermediaries as the pandemic still rages in the U.S.
On ...
- Friday 10th July - 3:21 pm
The COVID-19 pandemic could have an unexpected casualty — a significant percentage of U.S. restaurants. After all, government shutdown orders have in many cases closed eateries for months, forced them ...
- Friday 10th July - 1:39 pm
Shapeshifting is rarely convenient (ask any werewolf), but in the case of a newly-minted persona that PYMNTS calls the “convenience shifter” some COVID-era behavioral changes aren’t all bad.
Polling 14,000 U.S. ...
- Friday 10th July - 11:00 am
Back in late March when the pandemic first started to lock down retailing, PYMNTS published the first in a series of tracking reports showing clear evidence that the overwhelming factor ...
- Friday 10th July - 10:25 am
Express. Inc., the fashion apparel retailer, is pushing ahead with reopening its stores, the company announced Friday (July 10).
As of the July 4 holiday weekend, the Columbus, Ohio-based company has ...