WATCH: Biden signs two-month Paycheck Protection Program extension into law
The Senate passed a bill 92-7 last Thursday to extend the deadline for business owners to apply for forgivable loans through the Paycheck Protection Program.
WATCH: Experts, leaders testify before House on the small business economy during COVID-19
As the U.S. economy undergoes an uneven recovery from the virus pandemic, many small business owners face a tough decision on whether and when to take on employees.
Watch 6:49
With the economy teetering, millions of Americans try to launch new businesses
With the pandemic raging and the nation’s economy teetering, now might seem like a curious time to start a business. But is it? Paul Solman asks the question, and answers it. Transcript:…
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After a summer of no tourists, winter is coming for Maine’s small businesses
Small business owners in Maine that rely on a tourist-filled summer have been shuttering shops since the start of the pandemic. With negotiations over a stimulus package stalled, and the cold season approaching, many of them face a bleak future.
Many restaurants that got coronavirus relief loans have spent the money and now find themselves in the same precarious position as in the pandemic's early days.
Three months after the viral outbreak shut down businesses across the country, U.S. employers are still shedding jobs at a heavy rate, a trend that points to a slow and prolonged recovery from the recession.
The House Small Business Committee will hold a forum May 28 to hear about how small businesses have adjusted their models in response to the economic downturn spurred by the COVID-19 crisis.
U.S. cities and states are trying to balance economic activity and public health. The consequences of those decisions fall squarely on small businesses, with almost half of their owners saying the pandemic is having a large negative impact on business.
With the U.S. economy sinking into a severe recession, the Federal Reserve is set to launch a high-risk program through which it will lend money to small and medium-sized companies outside the banking industry for the first time since the…
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