Companies that received Paycheck Protection Program (PPP) loans could face investigations if they did not meet the criteria for coronavirus relief, U.S. Treasury Secretary Steven Mnuchin said on Wednesday (April 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
What if an economy had a grand(ish) reopening — and almost everyone decided to sit it out? Such is the question German officials are facing this week as the government has begun its early experiments with re-opening, emerging from the era of enforced social distancing in...
You can’t get much cheaper than negative prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...
Las Vegas Mayor Carolyn Goodman is calling on Sin City’s casinos and restaurants to reopen, but is declining to say how that can be done safely. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Dead & Company, which features three former Grateful Dead members and John Mayer, has called off its tour to allow its fans to get reimbursed, Syracuse.com reported. The band, as noted by the report, was set to perform this summer in Saratoga Springs, New York....
White House National Economic Council Director Larry Kudlow said in a televised interview that the Trump Administration will examine limiting business liability for the spread of the coronavirus and that “safeguards” as well as “reforms” would be key parts of those efforts. Kudlow described the...
If your $1,200 federal COVID-19 stimulus payment has been deposited into your bank account by the Internal Revenue Service (IRS), consider yourself one of the lucky ones. An IRS spokesman told PYMNTS that only about 80 million payouts – about half of the expected total...
U.S. Treasury Secretary Steven Mnuchin said while he is sensitive to concerns over increasing federal debt, it’s essential to spend money to rescue the economy as the fight against COVID-19 continues. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The House is anticipated to pass a $484 billion coronavirus economic relief bill on Thursday (April 23), which was approved by the Senate on Tuesday (April 21) following a two-week stalemate. The new funding to the Coronavirus Aid, Relief, and Economic Security (CARES) Act will include...
