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...
Pending single-family home sales fell by nearly 21 percent in March compared to February as the economic impact of COVID-19 took its toll on the...
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...
For the first time since a small business loan program was launched, small lenders have been moved to the front of the line. Get the...
In the “Notorious Markets” report by the Office of the U.S. Trade Representative (USTR) on marketplaces known for issues with privacy and illegitimate goods, multiple...
Lyft, the San Francisco-based ridesharing company, has laid off 17 percent of its workforce and imposed salary reductions for executives for three months, CNBC reported....
Businesses that borrow money through the federal Paycheck Protection Program (PPP) can expect to be audited before the loans are forgiven, Treasury Secretary Steven Mnuchin...
An industry trade group said it’s highly likely that many restaurants will return loans from the U.S. Small Business Association’s (SBA) bailout program, the Financial...
Deliveroo announced it was laying off 367 employees and furloughing 50 — roughly 15 percent of its staff of over 2,500 — as it battles...