economy

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

COVID-19 Puts $100B Dent In Global Remittance Flows

COVID-19 Puts $100B Dent In Global Remittance Flows
COVID-19 Puts $100B Dent In Global Remittance Flows
April 22, 2020  |  Global Payments

The world remittance fall-off anticipated because of the coronavirus pandemic could have serious effects for numerous countries, according to a Financial Times report that cited the...

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US Jobless Claims Expected To Rise Another 4.3 Million
US Jobless Claims Expected To Rise Another 4.3 Million
April 22, 2020  |  Economy

An additional 4.3 million workers are likely to have filed unemployment claims in the past week, bringing the total coronavirus-related job losses to around 26...

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Shift To Digital Could Force 100,000 Retailers To Shutter By 2025
Shift To Digital Could Force 100,000 Retailers To Shutter By 2025
April 22, 2020  |  Retail

A study by analysts at UBS found that 100,000 U.S. retail stores could close by 2025, a number the coronavirus pandemic has sped along, according to a...

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Hard Rock CEO: Tourists Need To Come Back For Business To Recover
Hard Rock CEO: Tourists Need To Come Back For Business To Recover
April 22, 2020  |  Economy

Hard Rock International is not expecting business to rebound before 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Mnuchin: US Must Spend To Save Economy Amid COVID-19
Mnuchin: US Must Spend To Save Economy Amid COVID-19
April 22, 2020  |  Economy

U.S. Treasury Secretary Steven Mnuchin said while he is sensitive to concerns over increasing federal debt, it’s essential to spend money to rescue the economy...

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House Expected To OK $300 Billion+ In Fresh PPP Loan Money on Thursday
House Expected To OK $300 Billion+ In Fresh PPP Loan Money on Thursday
April 22, 2020  |  Economy

The House is anticipated to pass a $484 billion coronavirus economic relief bill on Thursday (April 23), which was approved by the Senate on Tuesday...

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Remote Payments: The Next Normal
Remote Payments: The Next Normal
April 22, 2020  |  Payment Methods

It’s an interesting time to be in the payments business. The analytics of the past few months, when visualized, might resemble a murmuration of starlings...

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NEW DATA: How We Will Change: Consumers And Life After COVID-19
NEW DATA: How We Will Change: Consumers And Life After COVID-19
April 22, 2020  |  Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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