PYMNTS

MAY 6, 2019

The news came in the company’s annual report, as it had announced last year that it was doing the voluntary shutdown at some point. Apple’s offerings in the healthcare space could generate $15 billion in sales by 2021, Morgan Stanley predicted, pointing to the rising adoption of the Apple Watch and its opportunity in the health space.

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PYMNTS

MAY 18, 2020

In New York City, Broadway’s shutdown portends a series of ripple effects, all of them massive headwinds for travel and tourism — specifically hotels, restaurants and airlines. Thomas Schumacher, president and producer of Disney Theatrical Productions, blamed the closing on the “industrywide shutdown and resulting economic fallout.”.

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PYMNTS

JULY 2, 2020

But the economists found that pay cuts are still most prevalent among hourly workers who have seen their checks thin out as their hours diminished over the course of pandemic-related shutdowns. economy turns around. economy to be better a year from now, but that many expect that high unemployment to persist into next year.

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PYMNTS

MAY 7, 2020

The cable news network reported that while leagues devise plans to play games without fans and some governors consider opening venues, health experts say gatherings without strict social distancing shouldn’t come back until at least 2021. Fans can opt for a cash refund or get another ticket for a later game.

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PYMNTS

MAY 28, 2020

Of all the verticals hit hard by the global pandemic, hotels have seen their business slowed to a near stop as shutdowns and social-distancing rules bring travel of all kinds to a near halt. economy teetering, it’s unclear whether consumers value extra cleanliness enough to pay for it. With the U.S.

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PYMNTS

OCTOBER 30, 2020

The Eurozone economy came roaring back in the third quarter as lockdowns ended, though a full recovery is still some way off and a setback now looms in the fourth quarter,” Claus Vistesen, economist at Pantheon Macro, said in a research note cited by CNBC. percent GDP growth for the third quarter. That beat the 9.4 percent contraction.

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PYMNTS

DECEMBER 24, 2020

And, of course, 2020 was the year that proved everyone’s predictions wrong (except Webster’s, actually, who predicted a banner year for the connected economy and ended up being more spot on than she could have realized at the time). According to the experts, the pace is only going to pick up when the ball drops and 2021 gets underway.

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PYMNTS

JANUARY 17, 2021

It was supposed to be a compelling option for consumers in the connected economy, but the subscription model for automobiles is hitting some speed bumps as BMW and Audi are pulling back on their programs. It’s now early 2021, so Cadillac is officially a year late on its announcement. Down but Not Out. percent to $39,259.

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On-Demand Shutdown Consumer Finance 81

PYMNTS

OCTOBER 29, 2020

That’s an increase from the 36 percent observed in September and the fewer than 25 percent in early April when shutdowns were at their national peak. Many major employers have already officially said they aren't expecting their workers back at their desks until sometime in the summer of 2021 after a vaccine is in wide release.

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PYMNTS

MAY 25, 2020

The stark fact is that retailers that can stay in business through what is basically a 90-day shutdown have access to a line of credit or receive substantial eCommerce business. The digital shift, coupled with the department store crash, will make malls very different by the beginning of 2021. Be Like Nike. Was it the shoes?

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PYMNTS

DECEMBER 17, 2020

That’s important, given the fact that Main Street SMBs are responsible for driving a significant portion of the economy, employing roughly 40 percent of the workforce. After all, they’ve been plying the trade in an age where restrictions and shutdowns have hobbled brick-and-mortar operations.

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Small Business Shutdown Point-of-Sale (POS) B2B 46

PYMNTS

DECEMBER 28, 2020

27), averting a government shutdown and providing millions of Americans help as the pandemic continues through the new year. PayPal still remains interested in investing in the cryptocurrency space, as it will begin allowing customers to transact in a number of cryptocurrencies, including bitcoin, Ether, Bitcoin Cash and Litecoin, in 2021.

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PayPal Bitcoin Cryptocurrency Shutdown 56

PYMNTS

OCTOBER 21, 2020

Patrick McHenry (R-North Carolina), ranking Republican on the House Financial Services Committee, told Karen Webster in a recent fireside chat as part of the B2B Payments 2021 PYMNTS TV series of programming. On one hand, certain businesses like restaurants and gyms are still contending with shutdowns and have a very tough path forward.

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Small Business Credit Union Laws Shutdown 56

PYMNTS

SEPTEMBER 16, 2020

Highlights include $120 billion for enhanced unemployment aid through January 2021 at a rate of $450 weekly for an eight-week transition period into a $600 weekly payment. economy that remains hard to answer. economy, Suzanne Clark, president of the U.S. Will It Work? A recovery is well underway for some of the U.S.

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