Business


Watch Live: House Coronavirus Subcommittee To Hold A Briefing On Reopening US Economy

AMERICA - Published date: .

The House subcommittee tasked with overseeing the country's coronavirus response is scheduled to hold its first briefing... Read more

Major FinTech Trends For Financial Industry In 2020

FinTech - Published date: .

Technology has changed, and improved everyday life in general and the way companies conduct business. It was not so long... Read more

Fear And Desperation On Main Street As Small Businesses Struggle To Survive Despite PPP And Other Federal Loan Programs

AMERICA - Published date: .

Millions of small business owners have not received government loans under the CARES Act. Many are bootstrapping, crowdf... Read more

This Wartime Law Gives Trump Exceptional Power Over US Economy

AMERICA - Published date: .

President Trump has invoked a Korean War-era law to fight the coronavirus pandemic. The Defense Production Act gives the... Read more

One Of Main Street's Biggest Fears In Economic Reopening — New Regulations

AMERICA - Published date: .

As small businesses across the country grapple with economic reopening, one of their biggest fears is that new regulatio... Read more

Virus Lockdowns Scale Back May Day Rallies

Funds - Published date: .

This year the date carries extra significance after the COVID-19 outbreak sent the global economy into a historic tailsp... Read more

Trump To Meet With Executives From Waffle House, Wynn, Toyota, Others To Discuss Reopening Economy

AMERICA - Published date: .

Trump has been soliciting feedback from a wide range of executives on when and how to reopen businesses that have shutte... Read more

Over 50% Of Department Stores In Malls Predicted To Close By 2021, Real Estate Services Firm Says

AMERICA - Published date: .

Department stores still represent about 60% of the anchor space within malls across the U.S. today, according to Green S... Read more

Federal Reserve Seeks Banks' Advice As It Gets Into Direct Lending With Coronavirus Relief

AMERICA - Published date: .

The Federal Reserve has reached out to investment and retail banks for feedback on its Main Street lending program ahead... Read more

Chamath Palihapitiya: We've 'ripped The Philosophical Band-aid Off' On Universal Basic Income

AMERICA - Published date: .

The Social Capital CEO has been critical of the United States' economic reaction to the Covid-19 pandemic, saying that s... Read more

US Auto Sales Recovering During Coronavirus Pandemic But Still Significantly Down, J.D. Power Says

AMERICA - Published date: .

Sales this month are still expected to be down about 50% compared with April 2019. However, the decline is far less than... Read more

America's 'clean Energy' Workforce Projected To Fall By 15% In Months Ahead

AMERICA - Published date: .

Last month saw over 106,000 people working in clean energy roles lose their jobs. Read more

Restaurants Have Laid Off Thousands In Wake Of Coronavirus—but Ghost Kitchens Are Hiring

AMERICA - Published date: .

C3 is leasing shuttered restaurants and hiring 1,000 employees for its ghost kitchens in an effort to meet consumer dema... Read more

JPMorgan Chase To Raise Mortgage Borrowing Standards As Economic Outlook Darkens

AMERICA - Published date: .

JPMorgan Chase, the country's largest lender by assets, is raising borrowing standards this week for most new home loans... Read more

Trump's Tariffs On China Could Cost The US In Its Fight Against The Coronavirus

AMERICA - Published date: .

The Trump administration's tariffs on imported medical equipment, particularly from China, have added to the struggle in... Read more

Treasury Secretary Mnuchin Says US Could Be Open For Business In May

AMERICA - Published date: .

Treasury Secretary Steven Mnuchin said that he believed it was possible that the U.S. could open back up next month, fol... Read more

Small Businesses Have 'a Million Questions' About Paycheck Relief Loan As Applications Come Due

AMERICA - Published date: .

As the SBA prepares to start accepting applications for payroll relief loans on Friday, business owners are confused abo... Read more

House Unlikely To Vote On Historic $2 Trillion Coronavirus Stimulus Bill Wednesday

AMERICA - Published date: .

Majority Leader Mitch McConnell said the Senate will pass the legislation later Wednesday. The full text of the bill has... Read more

Coronavirus Stimulus Bill Fails In Key Senate Procedural Vote

AMERICA - Published date: .

Democratic leaders warned that the bill did too much to bail out companies and not enough to help workers. Read more

Airlines Tell Congress They Need Cash Coronavirus Aid Or Thousands Will Be Furloughed

AMERICA - Published date: .

Airlines warned Congress thousands of jobs were at risk without direct grants to fight impact of coronavirus. Read more