Watch 7:43
During economic collapse, business owners with criminal records are haunted by their past
American businesses suffering through the pandemic’s economic fallout have received hundreds of billions of dollars in federal loans since the Paycheck Protection Program opened this spring. But accessing that funding was challenging for business owners with criminal records. Economics correspondent…
Watch 9:43
What businesses and consumers think about state moves to reopen
Weeks into the social distancing driven by the COVID-19 pandemic, some states are beginning to lift restrictions -- while others are extending them. How do business owners and customers feel about the decision to reopen? John Yang talks to Bill…
Legal battles loom as businesses hit by virus sue insurers
The Billy Goat Tavern and millions of other shuttered businesses nationwide have turned to their insurers to help recoup their losses following state-mandated closures, but insurers have widely rejected the claims.
Criminal records shut small business owners out of aid program
The Paycheck Protection Program is supposed to be a lifeline for small businesses, but government guidelines say that businesses are ineligible if anyone who owns the company is incarcerated, under indictment, on probation or parole or had been convicted of…
Congressional leaders and White House officials say an additional $400 billion to aid businesses, hospitals and communities could be approved as soon as this week, as the coronavirus continues to shut down much of the country’s economy. NewsHour Correspondent Lisa…
The U.S. is experiencing a sudden spike in unemployment not seen since the Great Depression. In about a month, 22 million lost their jobs, with many more cuts yet to come -- and a sense that even these staggering numbers…
Small businesses constitute the primary engine of the U.S. economy -- and they are among the hardest hit by the novel coronavirus pandemic’s fallout. They suffered a new blow Thursday when the massive $349 billion relief program established to support…
The Federal Reserve is lifting its lending restrictions on Wells Fargo after some of the bank's thousands of small business customers were shut out of a program that's supposed to throw them a financial lifeline.
As Congress races to craft the next coronavirus rescue package, President Donald Trump's sudden request Tuesday to pump $250 billion more into a just-launched payroll program for small businesses may hit roadblocks.
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