The United States is expected to revise its aid program for small businesses to cope with the economic fallout of the coronavirus outbreak, the ...
The United States is expected to revise its aid program for small businesses to cope with the economic fallout of the coronavirus outbreak, the Wall Street Journal reported on Sunday.
The changes to the Paycheck Protection Program are expected to include more flexibility to spend funds and more time to spend loans beyond the two months originally set, the newspaper reported, citing lawmakers.Revisions to the program, launched in April, are expected to be implemented in two phases, the Journal reported.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Federal Reserve says around 600 smaller banks tapped PPP facility in its first daysAround 600 banks, most of them small community institutions, tapped the Federal Reserve's Paycheck Protection Program facility for about US$30 ...
Read more »
US$3 trillion coronavirus recovery bill clears US House, fate uncertain in SenateWASHINGTON (AFP) - House Democrats on Friday (May 15) narrowly pushed through the largest-ever US economic rescue package, but the coronavirus measure faces headwinds in the White House and Senate where Republicans bemoan its US$3 trillion (S$4.3 trillion) price tag.. Read more at straitstimes.com.
Read more »
US House passes US$3 trillion coronavirus aid bill opposed by Trump[WASHINGTON] The US House of Representatives on Friday narrowly approved a US$3 trillion bill crafted by Democrats to provide more aid for battling the coronavirus and stimulating a faltering economy rocked by the pandemic. Read more at The Business Times.
Read more »
US cracks down on global chip exports to Huawei, China retaliation eyedThe Trump administration on Friday moved to block global chip supplies to blacklisted telecoms equipment giant Huawei Technologies, spurring fears ...
Read more »
US-China trade deal not falling apart: White House adviserThe U.S.-China trade deal reached in January is absolutely not falling apart and the two countries are still working on trade, White House adviser ...
Read more »
US employers wary of coronavirus 'immunity' tests as they move to reopenU.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other ...
Read more »