economy

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

Airlines Confront Grim Q2 As New COVID Fears Slam Travel Recovery

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  |  Economy

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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