Wealthy homeowners who tapped small business rescue program could reportedly face criminal charges
Congress established the $349 billion program at the end of March to provide low-interest loans to small businesses.
Loans from small business rescue program went to more than 200 public companies
At least 222 public companies received forgivable loans totaling more than $870 million.
Small business rescue program resumes: What you need to know
The loan program, which relaunched Monday morning, exhausted its initial $349 billion in funding within 13 days.
Deutsche Bank hints at loan defaults among customers as profit falls from last year
The bank will release full details of its earnings results on Wednesday as scheduled.
SBA: Emergency coronavirus program amount from banks will be capped
The U.S. government will cap how much each bank can lend under the emergency loan program designed to keep workers on payrolls amid the coronavirus pandemic
As Colorado reopens from coronavirus shutdown, debate rages about risk
Colorado is among the first wave of U.S. states beginning an experiment to reopen economies without the testing and contact-tracing infrastructure health experts say is needed to prevent a resurgence of the coronavirus.
Trump: Apple's Tim Cook sees coronavirus V-shaped economic recovery
President Trump said he and Apple CEO Tim Cook are both expecting a dramatic economic recovery from the coronavirus pandemic.
Sweden's coronavirus response protects its economy
Sweden didn't lock down the country for coronavirus in order to protect its economy.
Coronavirus pandemic could hurt low-wage workers the most, study finds
More than four in 10 businesses — or 2.4 million out of the 5.3 million studied — operate in higher-risk industries
Hedge funds, private equity firms are not eligible for small business rescue loans, SBA says
There’s been a fierce backlash against the program after the initial $349 billion in funding was depleted within two weeks
Trump signs $484B coronavirus relief bill replenishing small-business fund
The bill will add to the already unprecedented levels of federal spending.
Small business loans to restart on Monday, Rubio says
Rubio said the funding will include returned aid from large public companies.
Fed eliminates transfer limit on monthly withdrawals from savings accounts
The coronavirus pandemic has made access "more urgent," the Fed said.
As coronavirus evaporates tax revenue, states, cities could see tidal wave of layoffs
States are also hemorrhaging cash trying to respond to the virus outbreak.
More chain restaurants returning coronavirus small-business loans
At least 75 publicly traded companies — some with market values of well over $100 million — tapped the government-backed loans.
Gap suspends rent payments for closed stores
Gap said if it is unable to renegotiate the leases and continue to suspend rent payments, the landlords under a majority of the leases in the U.S. could allege the company is in default.
As oil piles up, producers look to supertankers for storage
The underlying problem for the industry is the misalignment of supply and demand. The coronavirus pandemic has wiped out consumer need for oil.
Coronavirus small business bill still includes loophole for publicly traded companies
Restaurants and hotels were granted some flexibility in the legislation.
Next wave of coronavirus small business loans could start this weekend
Banks are expected to issue new guidance for small business owners on Friday.
Public companies tapping small-business loans may not have met necessary certifications, Mnuchin says
At least 75 publicly traded companies -- some with market values well over $100 million -- tapped the government-backed Paycheck Protection Program.