Jul 07 Trump donors among early recipients of coronavirus loans By Brian Slodysko, Angeliki Kastanis, Associated Press As much as $273 million in federal coronavirus aid was awarded to more than 100 companies that are owned or operated by major donors to President Donald Trump's election efforts. Continue reading
Jul 06 Treasury names over 650,000 small businesses receiving government loans By Christopher Rugaber, Joyce M. Rosenberg, Associated Press The Treasury Department on Monday released the names of more than 650,000 companies that received funds from the government's small business lending program, a massive effort intended to support the economy as states shut down in April to contain the… Continue reading
Jun 30 WATCH: Mnuchin says hardest-hit businesses should be next aid focus By Martin Crutsinger, Associated Press There is about $128 billion in that program that has not been doled out from the popular Paycheck Protection Program that was designed to provide support to businesses if they keep their workers on the payroll. Continue reading
Jun 02 Watch 9:06 Thune says peaceful protests should be allowed to continue With protests taking place in cities across the country, how should the federal government respond? Republican Sen. John Thune of South Dakota joins Judy Woodruff to discuss President Trump’s rhetoric about the use of force, whether a peaceful protest near… Continue watching
May 14 Oil and mining businesses had best success in getting pandemic loans, says survey By Mike Schneider, Associated Press Of the 75 % of small businesses applying for federal funding during the pandemic, oil extraction and mining businesses had the best success in getting loans from the Paycheck Protection Program, with more than half of businesses surveyed in that… Continue reading
Apr 30 Watch 4:32 States ask for more federal aid as economic crisis deepens By Yamiche Alcindor New government jobs numbers reiterate the extent of the pandemic’s economic damage. In the last six weeks, more than 30 million Americans have lost their jobs, including another 3.8 million filing for unemployment last week. Lawmakers are still debating how… Continue watching
Apr 30 Watch 8:26 What to do if you can’t afford to pay your mortgage right now With more than 30 million Americans losing jobs or businesses and others forced to take pay cuts, making monthly rent and mortgage payments has become increasingly difficult. Viewers share their challenges, and John Yang talks to the National Consumer Law… Continue watching
Apr 30 Watch 5:08 Michelle Singletary answers viewer questions about pandemic finances As Americans endure an unprecedented economic situation, they are confronting new challenges and worries about many aspects of their lives. In this week’s Ask Us, we focus on concerns about jobs and money. Michelle Singletary, The Washington Post’s finance columnist,… Continue watching
Apr 28 Watch 4:36 More states lift restrictions, as small businesses struggle to secure relief By Amna Nawaz Nine states have begun lifting pandemic restrictions in a bid to revive struggling economies. Many small businesses have tried to secure financial relief from the federal government’s Paycheck Protection Program -- but the initiative’s second round has been plagued with… Continue watching
Apr 28 Watch 9:47 Why is it so difficult for small businesses to get federal pandemic aid? Demand remains high for relief the federal Paycheck Protection Program is making available for smaller businesses. But the distribution of that money continues to be a source of controversy, and the program has been mired with technical problems. Lisa Desjardins… Continue watching