JPMorgan Chase & Co. told its small business clients that the New York financial services company has submitted 220,000 applications this week to the Paycheck Protection Program (PPP) overseen by the Small Business Administration (SBA). Get the Full Story Complete the form to unlock this...
COVID-19 continues to take its toll on the nation’s economy, as another 3.8 million Americans filed for jobless claims week ended April 25, the U.S. Labor Department said Thursday (April 30). That brings the total number of claims filed since COVID-19 struck America to more than...
The coronavirus pandemic has triggered the biggest drop in the U.S. economy since the Great Recession, and economists are warning that the worst is yet to come. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Representatives from Toyota, Hilton, Wynn and Waffle House, among others, were said to have met with President Donald Trump Wednesday (April 29) to discuss the methods to reopen the U.S. for business, according to a CNBC report. Get the Full Story Complete the form to...
Treasury Secretary Steve Mnuchin says $1,200 stimulus checks from the government were sent in error, and relatives and family members should return the money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things they paid for but aren’t able to use. Here’s a roundup of the latest coronavirus-related refund news: Get the Full Story Complete the form to unlock this...
Factories reopen. Supply chains re-linked. Businesses operating — on site. 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,...
Gilead Sciences Inc. raised the stakes on a treatment for COVID-19, the disease caused by the coronavirus. 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...
Federal Reserve Chairman Jerome Powell said Wednesday (April 29) that the Fed will “not be in any hurry to withdraw [monetary stimulus] … until we’re quite confident that the economy is well on the road to recovery.” The chairman’s promise came in a virtual press...
