The initial $349 billion pool for emergency loans for small businesses derailed by the coronavirus pandemic has run dry as Republicans and Democrats squabble over how to replenish the relief program.
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Millions of Americans were slated to receive $1200 payments or more from the government this week but many are reporting they received the wrong amount, or that they never received any payment at all, problems the U.S. Treasury says...
he US now has the world's highest number of deaths from Covid-19, with at least 21,692 losing their lives to the virus as of Sunday afternoon. Americans will continue to die in large numbers until our country mounts a coherent...
Bob Giaimo, founder of the Silver Diner restaurant chain, is hoping to receive emergency funding in the coming days through a federal loan program. But he doesn’t want to spend the money right away.
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The Problem Solvers Caucus — 50 members of Congress, half Democrats and half Republicans, from across America — has met via video conference nearly every day to debate and govern during the coronavirus pandemic.
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The abrupt halt in large parts of economic activity has spurred hopes, as indicated by Monday's market rally, that when the growth engine is turned back on, the U.S. will be turbo-charged and ready to roar.
What is more likely...
Chris Hurn, founder of Fountainhead Commercial Capital, has received 7,400 small business loan requests in the past two weeks, more than his business has handled in its five years of existence.
The Lake Mary, Florida-based non-bank lender is just one...
Like the sinking Titanic, every major bellwether on the U.S. economy is plunging to uncharted depths.
The upcoming week won’t be any exception. The historic pace of layoffs — some 10 million jobs in the last two weeks of March...
LONDON — The world is almost certainly ensnared in a devastating recession delivered by the coronavirus pandemic.
Now, fears are growing that the downturn could be far more punishing and long lasting than initially feared — potentially enduring into next...
The number of new people claiming unemployment benefits totaled a staggering 6.648 million last week — doubling the record set a week earlier, the Labor Department said Thursday.
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