economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Report: PPP Helped SMBs Retain 2.3M Employees
Report: PPP Helped SMBs Retain 2.3M Employees
July 22, 2020  |  SMBs

The Paycheck Protection Program (PPP), enacted to help small- to medium-sized businesses (SMBs) retain employees during the pandemic, was able to save around 2.3 million...

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Airlines Confront Grim Q2 As New COVID Fears Slam Travel Recovery
Airlines Confront Grim Q2 As New COVID Fears Slam Travel Recovery
July 22, 2020  |  Travel Payments

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...

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United Airlines’ Chief: Vaccine Needed To Return To Normal
United Airlines’ Chief: Vaccine Needed To Return To Normal
July 22, 2020  |  Travel Payments

The outlook for the airline industry looks cloudy — at best — until there is a COVID-19 vaccine. In fact, United Airlines‘ chief said revenues...

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Airlines Ask For Virus Testing To Allow Transatlantic Flights
Airlines Ask For Virus Testing To Allow Transatlantic Flights
July 21, 2020  |  Coronavirus

Several major airline companies are urging the U.S. and European Union to get transatlantic travel going again by launching a joint coronavirus testing program for...

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The FAANG Gang And The Future Of The Recovery
The FAANG Gang And The Future Of The Recovery
July 21, 2020  |  Earnings

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...

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Depression-Era Wooden Money Makes Comeback In Small Town
Depression-Era Wooden Money Makes Comeback In Small Town
July 21, 2020  |  Payment Methods

A small town in Washington is reviving a tradition last used in the Great Depression to help families hard-hit by the coronavirus crisis buy food...

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Stimulus Talks Kick Off In DC As Economy Flashes Red
Stimulus Talks Kick Off In DC As Economy Flashes Red
July 21, 2020  |  Economy

As negotiations on another major stimulus package get underway today in Washington, D.C., a roughly $2 trillion gap exists between the proposal put forth by...

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PSCU CEO: Credit Unions And Microbusinesses Collaborate To Reopen/Restart The Economy
PSCU CEO: Credit Unions And Microbusinesses Collaborate To Reopen/Restart The Economy
July 21, 2020  |  Credit Unions

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...

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White House Nixes Unemployment Benefits Extension
White House Nixes Unemployment Benefits Extension
July 20, 2020  |  Economy

The President Donald Trump administration has shot down propositions to continue the $600-a-week jobless benefits that have buoyed Americans as unemployment reached record highs due...

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