PYMNTS

JULY 15, 2020

There’s both the direct economic impact of businesses having to close down,” Harker said during a webinar organized by the Fed, as reported by Reuters. Larkin wasn’t alone in that — Harvard University researchers estimated that around 110,000 small U.S. Harker said the impact could be twofold in its damage.

Federal Reserve 73

Federal Reserve Shutdown Economy Fed 73

PYMNTS

APRIL 2, 2020

The Federal Reserve Bank of Minneapolis President Neel Kashkari said on Thursday (April 2) that policymakers should be generous with the help that is extended to small businesses. We need to err on the side of being generous, helping as many small businesses, as many small profits as we can to retain their workforce,” he said.

Fed 52

Fed Federal Reserve Small Business Shutdown 52

PYMNTS

MARCH 17, 2020

The coronavirus continues to have reverberations across the global stage, and is especially impacting developed economies, and in particular, the small businesses that are a key foundation of those economies. The NFIB reported that about 23 percent of small- to medium-sized (SMBs) are being negatively impacted.

SARS 64

SARS Economy Shutdown Fed 64

CB Insights

JULY 17, 2018

In contrast with many fast-casual menus, “meat” at Next Level Burger is not advertised as organic, local, or grass-fed. North 3rd Street Market opened in Williamsburg, Brooklyn, in May 2018, just in time for the dreaded L train shutdown. Amplifying already adorable aesthetics, Instagram has become a low-cost engine for viral growth.

On-Demand 69

On-Demand Automation Origination Fed 69

PYMNTS

APRIL 14, 2020

The Fed has been introducing a number of new measures to keep interest rates low and credit flowing to various parts of the economy. The institution has broken rules it normally wouldn’t, agreeing to finance purchases of corporate assets and take loans to help small businesses.

Fed 57

Fed Federal Reserve Void Economy 57

PYMNTS

APRIL 13, 2020

workforce, and whose businesses had been hard hit by the #stayathome requirements of the COVID-19 pandemic. That was the day the SBA PPP rescue relief effort began accepting applications from banks on behalf of their small business customers. Small businesses can’t survive weeks without demand.

Payroll 115

Payroll On-Demand Returns Economy 115

PYMNTS

AUGUST 3, 2020

We’re going to see many, many more business bankruptcies, small businesses, big businesses, and that’s going to take a lot of time to recover from to rebuild those businesses and then to bring workers back in and re-engage them in the workforce,” he said.

Shutdown 119

Shutdown Fed Federal Reserve Economy 119