economy

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

Next-Gen Debit Steps Up

Next-Gen Debit Steps Up
Next-Gen Debit Steps Up
May 01, 2020  |  Next-Gen Debit

Among the fascinating findings in PYMNTS’ ongoing surveys of Main Street SMBs during the pandemic is this: A majority of small businesses that did not...

READ MORE >
Savings Rate Surges To Highest Level In 39 Years
Savings Rate Surges To Highest Level In 39 Years
May 01, 2020  |  Banking

The shaky coronavirus economy has promoted people to sock money at levels not seen since 1981. Get the Full Story Complete the form to unlock...

READ MORE >
PPP’s Banker Versus Borrower Dilemma
PPP’s Banker Versus Borrower Dilemma
May 01, 2020  |  SMBs

Since the launch of the Paycheck Protection Program (PPP) in early April, the single-minded focus of the U.S. Treasury, the banks approved to process PPP loans and...

READ MORE >
NEW DATA: Two-Thirds Of Main Street SMBs Are Not Ready For The Post-Pandemic Restart
NEW DATA: Two-Thirds Of Main Street SMBs Are Not Ready For The Post-Pandemic Restart
May 01, 2020  |  Coronavirus

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

READ MORE >
States, Cities Want $1 Trillion To Avoid Layoffs
States, Cities Want $1 Trillion To Avoid Layoffs
April 30, 2020  |  Economy

Democratic Congressional leaders are seeking up to $1 trillion in the next coronavirus aid package, a number that will almost surely run into controversy with...

READ MORE >
Report: Smartphone Production Expected To Hit Record Low In Q2
Report: Smartphone Production Expected To Hit Record Low In Q2
April 30, 2020  |  Coronavirus

A revised forecast of smartphone production predicts volume will shrink to a record low in the second quarter as the spread of the coronavirus continues...

READ MORE >
Grab Wants Staffers To Accept Unpaid Leave, Decreased Hours
Grab Wants Staffers To Accept Unpaid Leave, Decreased Hours
April 30, 2020  |  International

Grab Holdings Inc. has started to request that workers accept decreased hours or take a leave without pay so the company can steer clear of...

READ MORE >
Today In Payments: Economists Warn Recession Recovery Will Be Slow; Facebook Daily Active Users Surge 11 Pct YoY
Today In Payments: Economists Warn Recession Recovery Will Be Slow; Facebook Daily Active Users Surge...
April 30, 2020  |  News

In today’s top news, economists warn that the economic downturn isn’t finished yet, and Facebook reported better than expected earnings. Plus, the Federal Reserve is...

READ MORE >
Economic Data Show ‘One-Two Punch’ For Consumer Spending Rebound?
Economic Data Show ‘One-Two Punch’ For Consumer Spending Rebound?
April 30, 2020  |  Economy

Economic data released Thursday (April 30) may hint at a “one-two punch” for consumer spending — indicating a reluctance to spend now, yes, but paycheck...

READ MORE >