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

St. Louis Fed Pushes For Mass Testing Over Quarantine

St. Louis Fed Pushes For Mass Testing Over Quarantine
St. Louis Fed Pushes For Mass Testing Over Quarantine
April 15, 2020  |  Economy

James Bullard, president of the St. Louis Federal Reserve, estimated that the quarantine is costing the U.S. economy $25 billion each day and while the...

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Wells Fargo Debit/Credit Purchases Down as COVID-19 Hits
Wells Fargo Debit/Credit Purchases Down as COVID-19 Hits
April 15, 2020  |  Earnings

Wells Fargo’s first-quarter results showed the impact of reduced customer spending amid the continued impact of the coronavirus, and reserves taken in anticipation of loan...

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Social Distancing And Account Takeovers — COVID-19’s Impact On QSRs
Social Distancing And Account Takeovers — COVID-19’s Impact On QSRs
April 15, 2020  |  Mobile Order Ahead

The mobile ordering industry has steadily gained steam, with nearly 50 million consumers expected to be using food delivery apps by next year. The market...

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Fighting Fraud In The New Normal
Fighting Fraud In The New Normal
April 15, 2020  |  Cybersecurity

While there is no shortage of new things in the world to get used to these days, cybercrime and fraud are, unfortunately, not among them. Long...

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Travel’s Long Journey Back To Normal
Travel’s Long Journey Back To Normal
April 15, 2020  |  Travel Payments

While there are very few industries that have not been affected by the COVID-19 outbreak in some way,  travel as a vertical has been hit...

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COVID-19 Update: Austria Allows SMBs To Reopen; Harvard Implements Spending Freeze
COVID-19 Update: Austria Allows SMBs To Reopen; Harvard Implements Spending Freeze
April 14, 2020  |  Economy

Austria is letting shops open again as it relaxes its coronavirus lockdown, while universities in the U.S. are taking measures to combat the economic impacts...

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Fed Officials Explore Ways To Reopen US
Fed Officials Explore Ways To Reopen US
April 14, 2020  |  Economy

U.S. Federal Reserve officials are facing a two pronged problem, Reuters reported: How do they reopen the economy while also making sure the coronavirus doesn’t...

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JPMorgan CEO: US Workers May Head Back To Jobs In June
JPMorgan CEO: US Workers May Head Back To Jobs In June
April 14, 2020  |  Economy

JPMorgan Chase CEO Jamie Dimon said he doesn’t think the world is ready to start bringing workers back into their offices until June at the...

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