Small businesses start to get rescue funds, but payouts overall are lagging
Hits: 13“We have mostly undisbursed loans at this time” said Tony Wilkinson, president of the National Association of Guaranteed Government Lenders. Source
Hits: 13“We have mostly undisbursed loans at this time” said Tony Wilkinson, president of the National Association of Guaranteed Government Lenders. Source
Hits: 21The programs also direct expanded credit to small businesses, households and state and local governments. Source
Hits: 11Treasury Secretary Steven Mnuchin said that he believed it was possible that the U.S. could open back up next month, following the effective halt of the economy because of the coronavirus. Source
Hits: 14The Microsoft co-founder sees poor students getting hit the hardest as schools close down across the U.S. Source
Hits: 12That brings the total claims over the past three weeks to more than 16 million. Source
Hits: 16The new claims for weekly unemployment benefits could bring the number of Americans filing to more than 15 million in three weeks. Source
Hits: 11By some estimates, it will take until 2023 or even longer to bring the labor market back to where it was just week ago in February. Source
Hits: 11It was the first decline in payrolls since September 2010 and came close to the May 2009 financial crisis peak of 800,000. Source
Hits: 15As the SBA prepares to start accepting applications for payroll relief loans on Friday, business owners are confused about the program’s details. Source
Hits: 14A generation of risk-averse supersavers could emerge from the fallout of the coronavirus crisis and potentially reshape the economy, experts have said. Source
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