PYMNTS-MonitorEdge-May-2024

recovery

Hotels Pivot To Embrace The ‘Great Staycation Of 2020’
Hotels Pivot To Embrace The ‘Great Staycation Of 2020’
June 15, 2020  |  Travel Payments

A rising tide of staycations may bring hotels back from the great pandemic slump. While it may make sense that vacationers wary of flying and...

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Fed’s Kaplan: Unemployment Rate May Stay As High As 8 Pct
Fed’s Kaplan: Unemployment Rate May Stay As High As 8 Pct
June 14, 2020  |  Economy

In an interview with “Face the Nation,” Dallas Federal Reserve President Robert Kaplan said he expects some recovery in the unemployment rate this year, although...

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Redfin On The US Housing Market’s Great Snapback (For Now)
Redfin On The US Housing Market’s Great Snapback (For Now)
June 12, 2020  |  Real Estate

For housing, the great snapback? As stock markets whipsaw (the Dow was off more 6 percent on Thursday), as the Federal Reserve sees mid-single-digit economic...

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NEW DATA: The Four Shopper Personas Driving The Digital Shift
NEW DATA: The Four Shopper Personas Driving The Digital Shift
June 11, 2020  |  Coronavirus

It has been 11 weeks since California became the first U.S. state to declare a state-wide lockdown to slow the spread of COVID-19. By late...

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Senators Look To Extend PPP Loans To Include More SMBs
Senators Look To Extend PPP Loans To Include More SMBs
June 10, 2020  |  Loans

A group of Democratic senators has introduced a new Paycheck Protection Program (PPP) for small businesses with 100 or fewer employees, including sole proprietorships and...

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Bracing For Another Wave Of SMB Lending Disruption
Bracing For Another Wave Of SMB Lending Disruption
June 09, 2020  |  B2B Payments

The financial services community continues to rally around America’s small- to medium-sized businesses (SMBs) with the understanding that Main Street remains the backbone of economic...

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US Lenders Expect Few Loan Defaults
US Lenders Expect Few Loan Defaults
June 08, 2020  |  Loans

U.S. lenders say they expect most borrowers who were given a temporary reprieve on loans due to income loss from the impact of COVID-19 will...

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Innovation Or Annihilation: The Choice Restaurants Face As Recovery Revs Up
Innovation Or Annihilation: The Choice Restaurants Face As Recovery Revs Up
June 08, 2020  |  Restaurant innovation

After nearly three months of closures in most places, the U.S. restaurant industry is preparing for its grand reopening with extensive safety guidelines in place....

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Retailers Prep For More Reopenings
Retailers Prep For More Reopenings
June 07, 2020  |  Retail

The world of physical retail is slowly beginning its grand reopening. In Massachusetts, stores are reopening for the first time since mid-March, and in COVID-19’s...

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