Recovery/page/2 news and trends

Three Pandemic Nesting Trends Likely to Continue in 2022
Coronavirus // March 20, 2022

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NY Fed: Tough July Gives Consumers Sour Outlook On Jobs, Finances
Economy // August 10, 2020

Consumers in the United States began to feel a bit more pessimistic in July about their prospects, in the latest sign that the recovery from the coronavirus downturn may be losing steam. Get the Full Story Complete the form to unlock this article and enjoy...

LendingClub Reports Drop In Originations As Investor Demand Shows Early Signs Of Recovery
Earnings // August 04, 2020

LendingClub posted second-quarter results on Tuesday (Aug. 4) that showed a drop in origination volume as anticipated, while loan investor demand displayed early indications of recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Visa’s Kevin Phalen: Global SMBs Get Back To Business Optimistic About The Future
SMBs // August 04, 2020

The global pandemic has changed commerce fundamentally — a fact confirmed in Visa’s new Back to Business study. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Interviews & Exclusives
New Report: Why Real-Time Settlement Can Make or Break Main Street Businesses

July 27, 2020
It’s been long said that small- to medium-sized businesses (SMBs) are the backbone of the American 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. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree […]

PSCU CEO: Credit Unions And Microbusinesses Collaborate To Reopen/Restart The Economy

July 21, 2020
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 have fewer than 10 employees...

Is Voice The Ultimate Touchless Payments Experience?

July 20, 2020
Voice technology was already on the rise long before the global pandemic broke out, with a steadily increasing share of consumers using voice assistants like Siri or Alexa to shop,...

Retail Recovery Veils Serious Headwinds

July 17, 2020
Despite some positive key performance indicators delivered this week, the U.S. retail and economic recovery is still facing serious headwinds. Get the Full Story Complete the form to unlock this...

Quick Reads
NY Fed: Tough July Gives Consumers Sour Outlook On Jobs, Finances

August 10, 2020
Consumers in the United States began to feel a bit more pessimistic in July about their prospects, in the latest sign that the recovery from the coronavirus downturn may be losing steam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]

Minneapolis Fed President Kashkari Urges 4-6 Week ‘Hard’ Shutdown

August 02, 2020
The U.S. economy would be best served if the nation were to be locked down for up to six weeks, Minneapolis Federal Reserve Bank President Neel Kashkari advised. Get the...

Global Car Makers Skid Deep Into Red In Second Quarter

July 30, 2020
The worldwide COVID-19 economic crash has sent major automakers’ revenues and profits plunging over a cliff. Nonetheless, some see signs of an impending recovery. Get the Full Story Complete the...

Fed Chair Powell: Economic Recovery Depends On Success In Controlling Pandemic

July 29, 2020
Federal Reserve Chair Jerome Powell said Wednesday (July 29) that the road to economic recovery is “extraordinarily uncertain” and will be heavily influenced by how well the country keeps the...