COVID-19

COVID-19 is caused by a coronavirus called SARS-CoV-2. Older adults and people who have severe underlying medical conditions like heart or lung disease or diabetes seem to be at higher risk for developing more serious complications from COVID-19 illness.

Source: cdc.gov

Fed’s Powell Expects Substantial Recovery Post-COVID

Fed’s Powell Expects Substantial Recovery Post-COVID
Fed’s Powell Expects Substantial Recovery Post-COVID
May 13, 2020  |  Economy

Federal Reserve Board Chairman Jerome Powell said that while Washington’s nearly $3 trillion economic response to the coronavirus is on target, it will likely not...

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Citibank Expands Digital Banking Platform To 37 Countries
Citibank Expands Digital Banking Platform To 37 Countries
May 13, 2020  |  Banking

Citibank said that use of its digital banking channels surged in the first quarter of 2020 as the COVID-19 pandemic swept the globe. Meanwhile, the...

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The Rise And Fall Of Digital Initiatives For Toronto Retailers
The Rise And Fall Of Digital Initiatives For Toronto Retailers
May 13, 2020  |  Retail

It’s one step up and one step back for the retail community in Toronto. In the same week, the city’s Digital Main Street program got...

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COVID Creates A Seller’s Market In reCommerce
COVID Creates A Seller’s Market In reCommerce
May 13, 2020  |  Payment Methods

Whether it’s called “certified pre-owned” or just plain “used,” reCommerce has never been hotter. Online marketplaces are well-situated for a COVID-triggered digital shift, personified by...

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Why Cultivating Customer Loyalty Has Become The Crucial Commerce Capability
Why Cultivating Customer Loyalty Has Become The Crucial Commerce Capability
May 13, 2020  |  Loyalty & Rewards

Consumers are thinking about their commerce experience through an entirely different and largely safety-focused lens in a way they never have before. It’s a story...

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Toronto To Launch ‘Digital Main Street’ To Help SMBs Get Online
Toronto To Launch ‘Digital Main Street’ To Help SMBs Get Online
May 12, 2020  |  SMBs

In Toronto, a new service called DMS ShopHERE, powered by the Schulich School of Business, aims to help small companies and artists move their businesses online....

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Coronavirus Refunds: Knicks Provide Refund, Rollover Options To Fans
Coronavirus Refunds: Knicks Provide Refund, Rollover Options To Fans
May 12, 2020  |  Economy

The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things they paid for but aren’t able to...

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Uber Rival Bolt Sidesteps Layoffs Despite Losses
Uber Rival Bolt Sidesteps Layoffs Despite Losses
May 12, 2020  |  Ridesharing

The Estonia-based rideshare unicorn Bolt — Uber’s main competitor in Europe — said it isn’t laying off any workers despite a 75 percent drop in...

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