Editor’s Picks

Mnuchin, Powell To Face Senate Over PPP, Stimulus Funds

Mnuchin, Powell To Face Senate Over PPP, Stimulus Funds
Mnuchin, Powell To Face Senate Over PPP, Stimulus Funds
May 19, 2020  |  Loans

Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell will testify remotely before the Senate on Tuesday (May 19) regarding the disbursement of coronavirus...

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Restaurant Execs Ask Trump For PPP Modifications
Restaurant Execs Ask Trump For PPP Modifications
May 19, 2020  |  Loans

At a roundtable event with restaurant executives on Monday (May 18), several executives put forward a request to President Donald Trump and cabinet officials to...

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Treasury: 4 Million IRS Stimulus Payments To Be Sent Via Visa Prepaid Debit Card
Treasury: 4 Million IRS Stimulus Payments To Be Sent Via Visa Prepaid Debit Card
May 18, 2020  |  Disbursements

The U.S. Treasury Department and the IRS are planning to send out around 4 million Economic Impact Payments (EIP) via Visa prepaid debit cards rather...

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Amazon Eyes JCPenney Buy
Amazon Eyes JCPenney Buy
May 18, 2020  |  Retail

Amazon could be in talks to acquire the bankrupt clothing retailer JCPenney, Fox Business reported Monday (May 19), citing Women’s Wear Daily (WWD). Get the...

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FTC Refunds $12M To Consumer Victims Of Bogus Online Trial Memberships
FTC Refunds $12M To Consumer Victims Of Bogus Online Trial Memberships
May 18, 2020  |  Cybersecurity

More than 147,000 consumers who were scammed by I Works are getting full refunds totaling $12 million, the Federal Trade Commission (FTC) announced Monday (May...

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Mastercard Launches Anti-Fraud Measures At Gas Pumps
Mastercard Launches Anti-Fraud Measures At Gas Pumps
May 18, 2020  |  Cybersecurity

Mastercard has announced a series of consumer protections aimed at protecting customers and merchants from fraud at fuel stations. Get the Full Story Complete the...

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SoftBank CEO Says WeWork Investment Was ‘Foolish’
SoftBank CEO Says WeWork Investment Was ‘Foolish’
May 18, 2020  |  Investments

It’s not often that a CEO publicly admits they made a blunder, but that’s just what SoftBank Founder and CEO Masayoshi Son did Monday (May...

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IRS Stimulus Check Round 2, Will It Happen?
IRS Stimulus Check Round 2, Will It Happen?
May 18, 2020  |  Economy

After a slightly rocky rollout, complaints that funds took a long time to arrive and that a few dead people got payouts they can’t really use, the first...

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