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Things were looking bleak for Amoeba Music even before the COVID-19 crisis closed in on California. Foot traffic was dropping. The flow of tourists was dwindling. And the familiar faces often obs.....»»

New York State has applied for a $4 billion federal loan to shore up its unemployment trust fund amid a record surge of claims by workers sidelined by the Covid-19 pandemic, a spokeswoman said. “All... To view the full story, click the title link......»»

A $350 billion emergency U.S. loan program to help small businesses keep workers on their payrolls amid the novel coronavirus disruption has run out of funds, the U.S. Small Business Administration said on Thursday......»»

A $350 billion emergency U.S. loan program designed to help small businesses keep workers on their payrolls amid the novel coronavirus disruption has run out of funds, the U.S. Small Business Administration said in an email on Thursday......»»

The process of attempting to get an emergency loan through the administration's Paycheck Protection Program has been a stressful mess......»»

Small busi.....»»

Wells Fargo said Sunday evening that it has exhausted its $10 billion capacity for lending under the SBA’s Paycheck Protection Program as the bank operates under a regulatory asset cap. In other words, amid the pandemic-induced downturn that has.....»»

A flood of loan applications from coronavirus-hit businesses inundated lenders on Friday as the U.S. government launched its $349 billion bailout fund for small and midsize companies amid widespread confusion about just how the program works......»»

Top White House economist Larry Kudlow said banks are “ready to go” on a small-business loan program as borrowers line up for help amid the coronavirus crisis......»»

Major bankers said it will take time before federally backed small business loans under the $2 trillion bailout package are made available, contradicting claims made earlier by top federal officials......»»

Major bankers said it will take time before federally backed small business loans under the $2 trillion bailout package are made available, contradicting claims made earlier by top federal officials......»»

With a state-level order forbidding in-person dining during the outbreak of COVID-19, restaurants in Ohio are laying off thousands as they close amid an uncertain future......»»

This story was delivered to Business Insider Intelligence Payments & Commerce Briefing subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're publ.....»»

REUTERS/Brendan McDermid Democrats plan to unveil on Wednesday a spending package designed to soften the blow of the coronavirus and its effects on the economy. It would mark the latest step in a race to contain an outbreak .....»»

Trump, Sanders, Warren and others have a variety of proposals and policies that can impact student loan debt, a major burden.....»»

The program wipes out student-loan debt for borrowers in certain nonprofit and public sector jobs......»»

There could be side effects to Elizabeth Warren’s and Bernie Sanders’s student loan cancellation proposals, including higher tax bills for some borrowers — but the candidates say they’ll address those potential pitfalls......»»

President Donald Trump released his 2021 budget on Monday. One not so big surprise in the budget is the proposal to end the student loan... The post Trump again proposes to kill student loan forgiveness program appeared first on ValueWalk......»»

Deal faces the Max crisis, in addition to Boeing's 777X delays, a Dreamliner production cut and the uncertain future of the 747......»»

Presidential campaign proposals and recently introduced legislation aim to rewrite the rules around student loan interest, repayment and refinancing. Some of the plans would reduce – or altogether erase – people's balances......»»