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THE PAYCHECK PROTECTION PROGRAM
Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the sameThe soccer coach had blocked himself from sportsbooks by the time he found prediction markets.- Why and where Stephanie Hockridge is being sent to jail? Here's what was Blueacorn PPP scheme, court proceedings and sentencing detailsWhy and where Stephanie Hockridge is being sent to jail? The former Arizona news anchor has been sentenced to ten years in federal prison f...
- U.S. Government shutdown hits Federal employees, including military personnel, as they apply for loans to make ends meetU.S. government workers looking for a mortgage face additional pressures, including the very real threat of dismissal by the Donald Trump a...
- Incredibly lucky off-duty cop spots fugitive during visit to Disney World. This is what happenedThe criminal has been accused of stealing the identities of at least four people to take Paycheck Protection Program (PPP) government loans...
- Power Rangers star Austin St John faces 20-year prison sentence for stimulus loan fraud, fans fear for cast reunionAustin St John, a former member of the Power Rangers faces a 20-year prison sentence after being charged with participating in a multi-mill...
- Two years into COVID, was $800B payroll aid plan worth it?Now, almost two years after the program made its debut, the question is what taxpayers got for the $800 billion. The Biden administration s...
- Wall Street Week Ahead: Regional bank loan growth could hint at healthier supply chainsIf regional banks show signs of accelerating loan growth when they report earnings in the week ahead, it could signal an easing of the supp...
- Pandemic destroyed fewer US businesses than feared, Fed study showsThe figure contrasts with the early forecasts that the pandemic would leave America's "Main Street" desolate as well as with polls that con...
- Joe Biden flexible on who gets aid, tells lawmakers to 'go big'Biden told lawmakers in private comments Wednesday that he's "not married" to an absolute number for the overall package but wants them to ...
- Joe Biden promises economic help is on the waySpeaking just one day after lawmakers finally certified his election victory following the invasion of the US Capitol by supporters of outg...
- $900 billion coronavirus bill clears hurdle in US Congress as deadline loomsBy a margin of 227 to 180, the House approved a measure allowing debate on the bill to proceed, a necessary step before the actual votes on...
- Highlights of $900 billion COVID-19 relief, wrap up billsCongressional leaders have hashed out a massive, year-end catchall bill that combines $900 billion in COVID-19 aid with a $1.4 trillion omn...
- Boston Fed issues guidance for lenders on end of Main Street programThe Fed revised the program several times to make it available to a larger pool of borrowers by opening it to nonprofit organizations and r...
- White House pushes for limited coronavirus relief bill as broader effort meets resistanceThe proposal was the latest twist in the on-again, off-again talks to try to secure more stimulus for the economy, which is struggling to r...
- US recovery, slow and uneven, is hampered by 'uncertainty': Fed surveyThe Fed, in its "Beige Book" report, highlighted the uneven rebound underway in the US economy, with some areas such as residential real es...
- Fed announces extension in lending facilities until end of the yearThe extensions apply to those facilities that were due to expire on or around Sept. 30, the Fed said in a statement.
- US budget deficit hits all-time high of USD 864 billion in JuneThe June deficit was driven higher by spending on various government relief programmes such as an extra USD 600 per week in expanded unempl...
- U.S. job growth roars back, but COVID-19 resurgence spells trouble aheadThe flare-up in the respiratory illness, which started in late June and hit bars and restaurants hard, was not captured in the Labor Depart...
- Indian-American businessman charged with COVID-19 relief fraudAccording to the complaint, Indian-American Rahul Shah filed a bank loan application that fraudulently sought more than USD400,000 in a for...
- US labour market unexpectedly improves; recovery years awayJobless rate falling to 13.3 per cent last month from 14.7 per cent in April,
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