Stimulus: Page 5

Business News

Mitch McConnell Poured Cold Water on the $908 Billion Covid-19 Stimulus Plan, Arguing That Trump Would Veto It

McConnell's statement came as all sides called for bipartisanship - and many rallied round a more substantial deal, backed by top Democratic leaders and a bipartisan group of Senators.

Business News

Biden Picks Former Federal Reserve Chair Janet Yellen to Head Treasury Department

Yellen would be the first woman to hold the job, and the first person to hold the three most influential economic positions in government: chair of the Federal Reserve, head of the White House Council of Economic Advisers, and treasury secretary.

Business News

Pelosi 'Optimistic' of Stimulus Agreement With the White House Before the Weekend

'Both sides are serious about finding a compromise.'

Legal

SBA Approves Simple 1-Page PPP Forgiveness Application for Loans of $50,000 or Less

The new guidelines remove calculation requirements and simplify supporting-document rules.

Business News

Dow Plummets 376 Points as Trump Halts Stimulus Talks Until After Election

"I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill," Trump tweeted Tuesday afternoon.

Business News

Mark Cuban Says All American Households Should Get a $1,000 Stimulus Check Every 2 Weeks for 2 Months

He reiterated his support for Americans receiving a $1,000 direct payment every two weeks for two months, and they'd have 10 days to spend the cash.

Business News

Mitch McConnell Just Opened the Door for an Extension of the $600 Unemployment Boost ... If President Trump Supports It

Senate Majority Leader Mitch McConnell said Tuesday that he could support an extension of the $600 unemployment benefit if Trump backs it.

Business News

How Will The Second Round of Government Stimulus Actually Help Me or My Business?

We spoke with an employer-compliance expert to find out what lies between the lines of the proposed HEALS and HEROES Acts.

Business News

Republicans Unveil Their $1 Trillion Stimulus Proposal. Here's What's in It.

They want to send out another round of $1,200 stimulus checks, while cutting those $600 weekly unemployment benefits to $200.

Business News

5 Stimulus Plans Congress is Debating That Could Put Extra Cash in Your Account

Five plans under consideration are additional stimulus checks, extra unemployment payments, hazard pay, and hiring bonuses.

Debt / Loans / Refinancing

New Legislation Would Grant Automatic Forgiveness of PPP Loans Under $150,000

The smallest of small businesses may be able to avoid hassling with additional documents, worksheets and payroll/tax forms.

Business News

The CEO of a Company That Owns More Than 100 Wendy's Allegedly Used $1 Million in PPP Loans on a New House in Montana

Sandi Adler, a former vice president at Starboard, claims she was fired after taking issue with CEO Andrew Levy's plans to "defraud the United States and the Small Business Association."

Debt / Loans / Refinancing

SBA and Treasury Release Names of PPP Loan Recipients

After months of calls for more transparency, information is made public about the nearly five million businesses that have benefited from the Paycheck Protection Program. Though questions will remain.

News and Trends

India Extends Free Foodgrain Scheme For Poor Till November End

Under the scheme, 800 million people will be given five kilograms of rice or wheat, and one kilogram of lentils each month

Fundraising

How to Navigate the Volatile Business-Funding Environment

Tips for getting the loans and investments you need as the economy reopens.