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TaxWatch: If your dead relative received a stimulus check, you should return it to the feds, Mnuchin says

Some tax experts say the CARES Act doesn’t allow the IRS to take back money sent to dead people......»»

Category: topSource: marketwatchApr 29th, 2020

"We are making a lot of money" amid the oil supply glut, Nordic American Tankers CEO says

"We are making a lot of money at this time, improving our balance sheet tremendously, and I have never seen such a strong market," Nordic American Tankers CEO Herbjørn Hansson said......»»

Category: topSource: madmoneyApr 24th, 2020

"We are making a lot of money at this time," Nordic American Tankers CEO says

"We are making a lot of money at this time, improving our balance sheet tremendously, and I have never seen such a strong market," Nordic American Tankers CEO Herbjørn Hansson said......»»

Category: topSource: madmoneyApr 24th, 2020

Federal Reserve Balance Sheet Gains More Than $200 Billion in the Last Week Alone

The United States government has been unleashing an unprecedented flood of money to stabilize the economy and act as stimulus. Interest rates are already now back at zero-percent, and the Federal........»»

Category: blogSource: 247wallstApr 23rd, 2020

U.S. firms may face probes over payroll loans, Treasury, DOJ officials warn

U.S. Treasury Secretary Steven Mnuchin warned on Wednesday that companies that received coronavirus rescue money intended for small businesses could be investigated if it appears they did not really need the money......»»

Category: topSource: reutersApr 22nd, 2020

Treasury chief warns larger companies applying for aid

U.S. Treasury Secretary Steven Mnuchin on Wednesday warned that larger companies could face investigation if they apply for small-business coronavirus rescue money without carefully reviewing whether they qualify for it......»»

Category: topSource: moneycentralApr 22nd, 2020

U.S. Treasury chief warns larger firms could face probes over payroll money

U.S. Treasury Secretary Steven Mnuchin warned on Wednesday that larger companies could face investigation if they apply for small business coronavirus rescue money without carefully reviewing whether they qualify for it......»»

Category: topSource: reutersApr 22nd, 2020

Key Words: As scores of public companies get small-business aid, Trump vows to take back money if help was ‘inappropriate’

President Donald Trump and Treasury Secretary Steven Mnuchin address how a coronavirus aid program for small businesses has been helping big public companies......»»

Category: topSource: marketwatchApr 21st, 2020

Cramer Gives His Opinion On Chipotle, Clorox And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said Chipotle Mexican Grill, Inc. (NYSE: CMG) is good if you can get it under $800. He likes it because it has a great balance sheet. read more.....»»

Category: blogSource: benzingaApr 21st, 2020

Goldman"s corporate loans, balance sheet investments eat away at profits

Goldman Sachs Group Inc's quarterly profit nearly halved, as it set aside more money to cover for corporate loans expected to go bust in the coming months and booked heavy losses on its debt and equity investments......»»

Category: topSource: reutersApr 15th, 2020

White House aides, outside groups launch effort to reopen economy, but Mnuchin says decision poses risks

White House aides, outside groups launch effort to reopen economy, but Mnuchin says decision poses risks.....»»

Category: personnelSource: nytApr 13th, 2020

Sources: Treasury wants warrants, repayment from major U.S. airlines on 30% of grant money

U.S. Treasury Secretary Steven Mnuchin told major airlines on Fr.....»»

Category: topSource: moneycentralApr 11th, 2020

Exclusive: Treasury wants warrants, repayment from major U.S. airlines on 30% of grant money - sources

U.S. Treasury Secretary Steven Mnuchin told major airlines on Fr.....»»

Category: topSource: reutersApr 10th, 2020

Treasury wants warrants, repayment from major U.S. airlines on 30% of grant money: sources

U.S. Treasury Secretary Steven Mnuchin told major airlines on Friday he wants them to repay some of the $25 billion in cash grants the U.S. Congress approved last month to cover payroll costs, three industry officials briefed on the matter told Reuters......»»

Category: topSource: reutersApr 10th, 2020

Entrepreneur starts fund to help Va. businesses until federal aid arrives

Pete Snyder, a potential contender for governor in 2021, and his wife have provided $100,000 in seed money......»»

Category: topSource: washpostApr 6th, 2020

How Fed money machine will turn $454 billion into $4 trillion

Treasury Secretary Steven Mnuchin has a favorite talking point: With the Federal Reserve’s help, the government will turn a $500 billion spending package working its way through Congress into a $4 trillion booster shot for the United States economy......»»

Category: topSource: moneycentralMar 26th, 2020

How Fed money machine will turn $454 billion into $4 trillion

Treasury Secretary Steven Mnuchin has a favorite talking point: With the Federal Reserve’s help, the government will turn a $500 billion spending package working its way through Congress into a $4 trillion booster shot for the United States economy......»»

Category: topSource: moneycentralMar 26th, 2020

Mnuchin says stimulus money to be distributed within three weeks

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 26th, 2020

"Checks To Americans On April 6th" But GOP Split Over Virus-Stimulus Package

"Checks To Americans On April 6th" But GOP Split Over Virus-Stimulus Package Treasury Secretary Stephen Mnuchin has summarized the virus aid proposal in a fact sheet which would provide $500.....»»

Category: blogSource: zerohedgeMar 18th, 2020

President Trump wants to put money in small business" hands "now," Mnuchin says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 17th, 2020