economy

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

Most Consumers Think COVID Will Last 2.25 Times Longer Than Their Cash

Most Consumers Think COVID Will Last 2.25 Times Longer Than Their Cash
Most Consumers Think COVID Will Last 2.25 Times Longer Than Their Cash
April 07, 2020  |  Economy

Before the COVID-19 pandemic, the standard narrative goes, the U.S. economy was running full steam ahead, with record employment levels, wages on the rise and...

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Singapore Loosens Banking Rules Amid COVID-19 Economic Turmoil
Singapore Loosens Banking Rules Amid COVID-19 Economic Turmoil
April 07, 2020  |  Bank Regulation

The Monetary Authority of Singapore (MAS) said on Tuesday (April 7) that it will allow banks more leeway with regulatory requirements and programs so that...

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NFIB Survey Shows SMB Optimism Slips Amid COVID-19
NFIB Survey Shows SMB Optimism Slips Amid COVID-19
April 07, 2020  |  Economy

Recent surveys and data points show that the sanguine outlook held by small and medium-sized businesses (SMBs) coming into 2020 — underpinned by rising revenues,...

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The COVID-19 Eclipse Darkens Main Street Commerce
The COVID-19 Eclipse Darkens Main Street Commerce
April 07, 2020  |  Economy

The 1918 Influenza pandemic. The Great Depression. World War II. The 9/11 attacks. The HIV epidemic of the 1980s and 1990s. Such events demarcate and...

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Rebounding From SBA’s Bumpy PPP Roll Out
Rebounding From SBA’s Bumpy PPP Roll Out
April 07, 2020  |  Loans

You could say that Friday’s (April 3) rollout of the $350 billion small business relief Paycheck Protection Program (PPP), part of the $2 trillion CARES...

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Wells Fargo Says Lift Asset Cap To Helps SMBs
Wells Fargo Says Lift Asset Cap To Helps SMBs
April 06, 2020  |  Loans

Wells Fargo said it wants to help more with the federal government’s programs to disburse $350 billion in loans via the Paycheck Protection Program (PPP). But...

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UK Urges Higher Government P-Card Limits To Support Suppliers
UK Urges Higher Government P-Card Limits To Support Suppliers
April 06, 2020  |  B2B Payments

The U.K. government, angling to jump-start the economy, is urging public entities to negotiate with procurement card providers to raise the limits on what can...

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NY Fed Sees Consumer Expectations Slide On COVID-19
NY Fed Sees Consumer Expectations Slide On COVID-19
April 06, 2020  |  Economy

A March survey of consumer expectations by the Federal Reserve Bank of New York released Monday (April 6) found mounting worries over job losses, debt...

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What Will It Take To Get Back To A Pre-COVID-19 Economy? A Vaccine
What Will It Take To Get Back To A Pre-COVID-19 Economy? A Vaccine
April 06, 2020  |  Coronavirus

For technologists and those in the payments arena, a fast-moving world is standard operating procedure. Today’s shiniest innovation will be old hat in six months –...

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