Flood of coronavirus business bankruptcies likely in coming months
The billions of dollars in coronavirus relief targeted at small businesses may not prevent many of them from ending up in bankruptcy court
US GDP expected to fall 12%, federal deficit to reach $3.7T: CBO
U.S. GDP is expected to drop 12 percent, and the federal deficit is estimated to reach $3.7 trillion for FY 2020.
Coronavirus drives government spending toward WWII levels
Government spending is on track to reach 50 percent of GDP for the first time since World War II.
California restaurants to get public money for healthy meals
The restaurants will feed millions of seniors during the coronavirus pandemic.
Hotels hit hard in coronavirus pandemic, lose $2B in weekly wages
The industry is asking Congress to increase the limit on PPP loans.
IRS coronavirus stimulus 'Get My Payment' tool getting an update
Roughly 80 million Americans were projected to get their payments the week of April 13.
Ashton Kutcher got Iowa coronavirus testing kits, here's how
The actor Ashton Kutcher played a key role in Iowa’s deal for COVID-19 tests.
Small businesses get $500B coronavirus relief boost as House passes stimulus package
Congress delivered a nearly $500 billion infusion of coronavirus spending Thursday, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs.
Coronavirus government spending must be put on 'pause': Sen. Barrasso
Sen. John Barrasso argues that the government should not spend any more on coronavirus aid until Senate can discuss face to face.
Columbia plans to keep $12M coronavirus stimulus relief funds: Report
Columbia University, with an endowment of $11 billion, was allotted $12.8 million.
Florida's exclusive Fisher Island approved for $2M federal loan: Report
The homeowners’ association’s board of directors announced in an email Wednesday it had applied for the federal PPP loan on April 4.
Varney: Coronavirus crisis shouldn't be financially abused
FOX Business' Stuart Varney during his latest "My Take” argues the coronavirus crisis shouldn’t be abused to fix states’ pre-existing financial problems.
Varney: Trillion-dollar coronavirus rescue packages are not sustainable
FOX Business' Stuart Varney during his latest "My Take” argues America is beginning to understand the economic pain brought by the coronavirus.
Next wave of coronavirus small business loans could start this weekend
Banks are expected to issue new guidance for small business owners on Friday.
Trump, Mnuchin $483B coronavirus aid deal to pass House Thursday
A $483 billion coronavirus aid package flew through the Senate on Tuesday after Congress and the White House reached a deal to replenish a small business payroll fund and provided new money for hospitals and testing.
Bitcoin in the coronavirus crisis: Speculative bet or inflation hedge?
As Bitcoin does better than both U.S. and world stocks during the coronavirus pandemic, investors are ascribing its performance to the chance of quick returns as the stimulus measures wash into markets.
Schumer believes coronavirus small business loan deal reached
Senate Democratic Leader Chuck Schumer said he believes a fourth coronavirus spending bill will pass the Senate Tuesday afternoon.
Mnuchin, Democrats near coronavirus small business loan deal worth $370B
The $350 billion approved by Congress in late March evaporated in less than two weeks.
Deal on more coronavirus small business loan money coming 'soon,' Pence, Pelosi say
Republicans and Democrats are at an impasse over the Paycheck Protection Program.
Main Street bailout rewards U.S. restaurant chains, firms in rural states
Companies that received money include a number of publicly traded companies with thousands of employees and hundreds of millions of dollars in annual sales.



















