Small business loans are not going proportionately to the hardest hit areas, Fed study shows
States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small-business loans, a Fed study found.
States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small-business loans, a Fed study found.
From a drop in income to the inability to pay bills, young adults are facing obstacles they weren't necessarily expecting.
U.S. private employers laid off a record 20.236 million workers in April as mandatory business closures in response to the novel coronavirus outbreak savaged the economy, setting up the overall labor market for historic job losses last month.
United Airlines Holdings Inc said on Wednesday it plans to raise $2.25 billion through a bond offering amid a coronavirus-linked slump in air travel demand, and backtracked on a controversial plan to cut working hours for thousands of employees.
Barrick Gold Corp posted a nearly 55% rise in quarterly profit on Wednesday as gold prices surged, bolstering its ability to snap up mines including in copper, its chief executive said.
PYMTS | May 6, 2020 The appeal of contactless payments has skyrocketed since the pandemic hit across the globe. Payment network giants such as Visa and Mastercard said in their most recent earnings reports that contactless payments, especially in face-to-face transactions, surged by double digits year over year. Yet mobile wallet usage has been stuck in
Wall Street's main indexes rose on Wednesday on hopes of a pickup in business activity as states eased coronavirus-induced curbs, with investors also looking past a stunning 20 million plunge in U.S. private payrolls last month.
CVS Health Corp on Wednesday said it was sticking to its 2020 forecast and expected a strong second quarter, as reduced medical service use for its Aetna insurance business offset coronavirus-related expenses and the pandemic's impact on pharmacy sales and prescriptions.
More than a third of Medicare beneficiaries say their income has dropped due to the coronavirus crisis, a recent survey shows. Here are ways that those affected may be able to reduce their health care costs.
"This is not blockbuster drug, but watch this trend. I think it's very exciting for investors," CNBC's Jim Cramer said Wednesday.
Washington state's repeal of tax breaks for Boeing Co means that the United States has fully complied with World Trade Organization's findings of illegal subsidies for the aircraft maker, the U.S. Trade Representative's office said on Wednesday.
Financial Post | Geoff Zochodne | May 6, 2020 Review setback sparks concern for Canadian consumers who are already sharing financial data without a federal framework The coronavirus pandemic has thrown a wrench into the federal government’s review of open banking, causing concern that the delay could further wound financial-technology companies, while leaving scores of
Business owners, the unemployed and recipients of stimulus checks are among the targets of financial thieves trying to access trillions of dollars in federal coronavirus relief.
Amy Klobuchar and Elizabeth Warren raise concerns about scammers taking advantage of business owners seeking aid during the coronavirus.
The United States told the World Trade Organization on Wednesday it has fully complied with WTO findings that Washington state's now-repealed tax breaks for Boeing were illegal and there was "no valid basis" for the European Union to retaliate against U.S. goods.