Politics
Mitch McConnell Says Next Coronavirus Bill Will Not Extend Enhanced Unemployment Benefits
AMERICA - Published date: .
House Democrats passed a bill last week to extend the enhanced $600 per week unemployment benefit through January. Read more
Second Wave Of Coronavirus Infections Could Cause A Worse Economic Disaster, Experts Warn
AMERICA - Published date: .
States across the country began reopening parts of their economies as early as April 24. Guidelines for reopening differ... Read more
More Than Half Of Small Businesses Are Looking To Have PPP Funds Forgiven, Survey Says
AMERICA - Published date: .
Frustrations are mounting on Main Street due to a lack of guidance from the Small Business Administration on PPP loan fo... Read more
Federal Government Should Help States, Cities And Hospitals Recover From Coronavirus, Gary Cohn Says
AMERICA - Published date: .
Former Trump advisor Gary Cohn said that a potential vaccine shouldn't stop the government from providing aid to parts o... Read more
Trump Advisor Kevin Hassett: Fed Chief Too Pessimistic On Time It'll Take For Economy To Recover
AMERICA - Published date: .
White House senior advisor Kevin Hassett told CNBC on Monday he disagrees with Fed Chairman Jerome Powell on the time-fr... Read more
Georgia Tries To Balance Pressure To Reopen Economy With Threat Of Coronavirus Resurgence
AMERICA - Published date: .
Georgia's new coronavirus cases have plateaued, but it could take until the end of the month to know the effects of reop... Read more
WHO Officials Warn Of 'vicious Cycle' Of Economic And Health Disasters If Coronavirus Restrictions Are Lifted Too Quickly
AMERICA - Published date: .
"The worst thing that could happen," economically, is that a country reopens and then has to shut down again to respond ... Read more
New York Has Paid $7.4 Billion In Unemployment Claims To Roughly 1.7 Million Residents, Officials Say
AMERICA - Published date: .
Roughly 1.8 million residents struggling with unemployment due to the coronavirus pandemic have filed claims, roughly si... Read more
Mnuchin Says Jobless Numbers Will 'get Worse Before They Get Better' — Unemployment May Have Hit 25%
AMERICA - Published date: .
"The reported numbers are probably going to get worse before they get better," Mnuchin said. Read more
Most 2020 Swing State Voters Want More Direct Payments During Coronavirus, CNBC/Change Research Poll Finds
AMERICA - Published date: .
Democrats are pushing for at least one more round of direct payments during the coronavirus crisis after many voters got... Read more
Small Business Loans Are Not Going Proportionately To The Hardest-hit Areas, Fed Study Shows
AMERICA - Published date: .
States enduring the brunt of the Covid-19 crisis are receiving a smaller proportion of emergency small business loans, a... Read more
Test, Trace, Isolate: Governments Need To Do These Three Things Before Reopening Economies, Expert Warns
AMERICA - Published date: .
A global health expert and physician told CNBC that easing lockdowns without taking certain action would risk a second s... 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
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
The US Will Need To Spend Trillions More As Economy Takes Until 2022 To Fully Recover: CNBC Survey
AMERICA - Published date: .
A third of respondents in the CNBC Fed survey believe the economy won't be fully restored until the second quarter of 20... Read more
Trump Signs $484 Billion Coronavirus Relief Bill To Boost Small Business, Hospitals And Testing
AMERICA - Published date: .
The bill includes $370 billion for small business aid, $75 billion for hospitals and $25 billion for testing during the ... Read more
GOP's Kevin Brady: Punishing Businesses With Higher Taxes Would Hurt 'blue-collar' Workers
AMERICA - Published date: .
"I don't think making us less competitive, less attractive, and taking more of what people earn will ultimately be the a... 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
Massive Layoffs And Pay Cuts Are Likely Coming To State And Local Governments As Federal Aid Goes Elsewhere
AMERICA - Published date: .
State and local governments are warning of a wave of layoffs and pay cuts after getting left out of the federal coronavi... Read more
New York Taps McKinsey To Develop A 'Trump-proof' Economic Reopening Plan
AMERICA - Published date: .
New York Governor Andrew Cuomo has hired high-powered consultants to develop a science-based plan for the safe economic ... Read more