Lower-income recipients of COVID-19 relief payments are quickly spending the money they get, the Wall Street Journal reported Sunday (Feb. 14), citing data gleaned from tracking of usage of debit and credit cards. Get the Full Story Complete the form to unlock this article and...
Federal Reserve Chair Jerome Powell and U.S. Treasury Secretary Steven Mnuchin told a House committee Tuesday (Sept. 22) that marked economic progress has been made since the depths of the pandemic in March. But they said there’s more work to be done, especially in addressing...
“Worst quarter ever.” It sounds like a bit of hyperbole, but that’s an accurate description of the quarter that started in March and ended in June as COVID-19 was raging. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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July 28, 2020
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April 27, 2020
Nothing brings money to top of mind like tax season — and tax refunds and stimulus payments, doled out in the wake of a pandemic known as the coronavirus. Get...
February 15, 2021
Lower-income recipients of COVID-19 relief payments are quickly spending the money they get, the Wall Street Journal reported Sunday (Feb. 14), citing data gleaned from tracking of usage of debit and credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]
June 01, 2020
Americans continue to face problems with accessing stimulus debit cards, with some people receiving cards they can’t use due to the wrong names being printed on them. Get the Full...
May 20, 2020
CVS Health has agreed to return $43.3 million in payments it received through the CARES Act’s Provider Relief Fund, Fox Business reported. Get the Full Story Complete the form to...
May 18, 2020
The U.S. Treasury Department and the IRS are planning to send out around 4 million Economic Impact Payments (EIP) via Visa prepaid debit cards rather than paper checks this week,...
