Coronavirus

Coronaviruses are a group of viruses that cause diseases in mammals, including humans, and birds. In humans, the virus causes respiratory infections which are typically mild but, in rare cases, can be lethal. In cows and pigs they may cause diarrhea, while in chickens it can cause an upper respiratory disease.

Source: en.wikipedia.org

The Two Things Keeping PPP Funds From Flowing Into SMB Bank Accounts

The Two Things Keeping PPP Funds From Flowing Into SMB Bank Accounts
The Two Things Keeping PPP Funds From Flowing Into SMB Bank Accounts
April 09, 2020  |  Banking

For the last week, a veritable tidal wave of small- to medium-sized business (SMB) owners have been lining up to apply for Paycheck Protection Program (PPP) funds —...

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JPMorgan: GDP Could Drop 40 Percent, Unemployment Could Reach 20 Percent
JPMorgan: GDP Could Drop 40 Percent, Unemployment Could Reach 20 Percent
April 09, 2020  |  Economy

JPMorgan Chase has dimmed its view of the future yet again, now saying the nation’s gross domestic product (GDP) could sink by as much as...

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Chime Gives $200 Advances On Stimulus Checks
Chime Gives $200 Advances On Stimulus Checks
April 09, 2020  |  Loans

Chime, America’s most valuable digital bank, has begun offering cash advances ahead of the $1,200 stimulus payments Americans will be receiving next week, according to...

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Insurers Say Covid Claims Excluded From Biz Interruption Policies
Insurers Say Covid Claims Excluded From Biz Interruption Policies
April 09, 2020  |  Coronavirus

In a letter to U.S. Reps. Gilbert Cisneros and Mike Thompson, both of California, representatives from insurance industry groups wrote that standard commercial insurance policies...

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Fed Eyes Opening SBA Loans To FinTechs
Fed Eyes Opening SBA Loans To FinTechs
April 09, 2020  |  Loans

The demand for Small Business Administration (SBA) loans has led the Federal Reserve to consider allowing non-bank lenders to speed distribution of $350 billion in...

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Some Consumers Are Tip-Baiting Instacart Shoppers To Get Deliveries
Some Consumers Are Tip-Baiting Instacart Shoppers To Get Deliveries
April 09, 2020  |  Delivery

Some Instacart customers have begun pulling a nasty trick, changing large tips to the shoppers to much lower amounts or even $0 after the fact,...

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Restaurants Turn To Grocery And Meal Kits To Survive
Restaurants Turn To Grocery And Meal Kits To Survive
April 09, 2020  |  Coronavirus

While there are almost no areas of the economy that have not been affected by the COVID-19 epidemic, few have been harder hit than the...

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New Data Says Department Stores Have 40 Percent Chance Of Defaulting
New Data Says Department Stores Have 40 Percent Chance Of Defaulting
April 09, 2020  |  Retail

Former Rue21 CEO Bob Fisch said in a recent interview that department stores were “fossils” and belonged in museums only, and new market data doesn’t...

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COVID-19 Looks Set To Raze Online Home Sales (And Agents’ Jobs)
COVID-19 Looks Set To Raze Online Home Sales (And Agents’ Jobs)
April 09, 2020  |  Economy

The coronavirus pandemic is shaking any number of business verticals to their respective cores — upending transitions to the digital age and sending thousands of...

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