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

Schumer: New COVID-19 Stimulus Could Come ‘Soon’

Schumer: New COVID-19 Stimulus Could Come ‘Soon’
Schumer: New COVID-19 Stimulus Could Come ‘Soon’
April 17, 2020  |  Economy

Sen. Charles Schumer (D-New York) says Democrats and the White House could “soon” agree on a new COVID-19 stimulus package, presumably including more loans for small...

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Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
Today In Payments: Uber Expects Revenue Plunge; Coronavirus Triggers First GDP Decline In China
April 17, 2020  |  News

In today’s top news, Uber withdrew 2020 guidance as it anticipate revenue decline, and China’s economy will record its first-ever GDP loss. Plus, banks can...

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China’s GDP Drop Creates Global Ripple Effects For Retail
China’s GDP Drop Creates Global Ripple Effects For Retail
April 17, 2020  |  Cross-border Payments

What will the ripple effects be for retailers (in the U.S. and around the globe) as China’s economy shrinks? Get the Full Story Complete the...

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Economists Say Global Recovery Could Take Longer Than Expected
Economists Say Global Recovery Could Take Longer Than Expected
April 17, 2020  |  Economy

For optimists who hoped the global economy would recover from the impact of the coronavirus pandemic within months, New York Federal Reserve Board President John...

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iPhone Sales Projected To Fall 36 Pct — Goldman Says Sell
iPhone Sales Projected To Fall 36 Pct — Goldman Says Sell
April 17, 2020  |  Retail

As it lowered its recommendation on Apple Inc.‘s stock from neutral to sell, Goldman Sachs noted that the tech firm could lose one-third of its iPhone...

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Keeping SMBs Afloat During The Coronavirus Crisis
Keeping SMBs Afloat During The Coronavirus Crisis
April 17, 2020  |  Today In Data

Lawmakers and business leaders had high hopes for the Paycheck Protection Program (PPP): They thought it would provide the funds required for small to medium-sized businesses...

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Retailers Explore Tentative Reopening Plans
Retailers Explore Tentative Reopening Plans
April 17, 2020  |  Retail

At long last, the retail community can start discussing plans to reopen. The Trump administration’s informal guidance released on Thursday (April 16) did not exactly...

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Digital Ad Business Withers Under COVID-19 Crisis
Digital Ad Business Withers Under COVID-19 Crisis
April 17, 2020  |  Retail

The ripple effects from the COVID-19 crisis continue to spread throughout the business world, with the advertising industry now feeling its destructive effects. Those were...

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