CARES act

IRS $1,200 Stimulus: Why Your Check Is Not In The Mail
IRS $1,200 Stimulus: Why Your Check Is Not In The Mail
April 22, 2020  |  Coronavirus

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...

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Mnuchin: US Must Spend To Save Economy Amid COVID-19
Mnuchin: US Must Spend To Save Economy Amid COVID-19
April 22, 2020  |  Coronavirus

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...

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House Expected To OK $300 Billion+ In Fresh PPP Loan Money on Thursday
House Expected To OK $300 Billion+ In Fresh PPP Loan Money on Thursday
April 22, 2020  |  Coronavirus

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...

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Lenders Ask Treasury To Focus Next PPP Round On ‘Real’ SMBs
Lenders Ask Treasury To Focus Next PPP Round On ‘Real’ SMBs
April 21, 2020  |  Loans

The biggest banks in the U.S. were reportedly in talks with the Treasury on Monday (April 20) over the next round of Paycheck Protection Program...

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Pandemic Triggers $2.1B Loss For United Airlines
Pandemic Triggers $2.1B Loss For United Airlines
April 20, 2020  |  Travel Payments

United Airlines is posting a $2.1 billion loss for the first quarter of 2020 as the coronavirus decimates the demand for flights, according to a...

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Stimulus Checks May Be Held Up If Tax Prep Service Was Used
Stimulus Checks May Be Held Up If Tax Prep Service Was Used
April 16, 2020  |  Disbursements

Despite instructions from U.S. Treasury Secretary Steven Mnuchin to fast-track stimulus payments to Americans, several million taxpayers are still waiting, according to The Washington Post....

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SMBs Scramble For Cash As PPP Runs Dry
SMBs Scramble For Cash As PPP Runs Dry
April 16, 2020  |  Loans

As lawmakers battle over how the next round of bailout money for small businesses should be spent, the president and CEO of Atlanta’s Federal Reserve...

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SBA Emergency Loan Program Bombarded With Over 3 Million Applications
SBA Emergency Loan Program Bombarded With Over 3 Million Applications
April 16, 2020  |  B2B Payments

After receiving over 3 million applications as the coronavirus pandemic continues, an emergency loan program helmed by the Small Business Association (SBA) is running low...

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Walmart To Customers: Get Stimulus Check Deposited In MoneyCard Account
Walmart To Customers: Get Stimulus Check Deposited In MoneyCard Account
April 15, 2020  |  Walmart

Walmart is hoping customers will sign up for its Walmart MoneyCard to create a direct deposit account to access the government stimulus payments being sent...

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