Georgia federal prosecutors have accused five individuals with attempting to steal $4.1 million from a government COVID-19 program designed to provide relief to small business owners.
The $670 billion Paycheck Protection Program will officially close to new applicants on Aug. 8.
Coronavirus brought downtown Minneapolis to a halt earlier this year, as it did most city centers in America, and now calls to abolish the police have some business owners saying they are leaving town.
The $670 billion rescue fund, created when Congress passed the CARES Act at the end of March, will officially expire on Saturday.
Trump said Wednesday that he has the "absolute right" to suspend payroll taxes without congressional approval.
After the U.S. government reportedly spent nearly $230 million to pay for COVID-19 test sites around the country, one small Texas company ended up establishing hundreds of testing stations, while bringing in more than $90 million in federal contracts.
A second wave of layoffs is currently hitting American workers amid a surge in coronavirus cases nationwide and a Congressional stalemate over new stimulus relief, according to a new survey by Cornell University and RIWI.
The program was extended through Aug. 8, but efforts to prolong it further are on shaky ground as lawmakers deadlock over additional coronavirus relief.
Most workers made no adjustments to their retirement plan contributions.
More than 125 companies that Chinese entities own or invest in received between $192 million to $419 million in government-backed aid.
According to data from Yelp, more than 2,800 businesses in New York City have permanently closed since March 1.
In a letter published Monday and addressed to congressional leaders, the CEOs warned that without additional relief, small businesses face potential financial ruin.
Anti-abortion centers received at least $4 million in forgivable federal loans when the government issued its first coronavirus bailout, a report said Monday.
With a record-breaking 2020 Atlantic hurricane season about to enter it's most active stretch, a survey released last week shows many business owners in Florida are unprepared as the coronavirus pandemic rages.
The coronavirus pandemic is creating new opportunities for some small businesses even as it raises costs and devastates sales for others.
Get on top of your finances, so you can invest in the future of your company.
Small business revenue has increased in a handful of major metros since the beginning of the year.
A Long Island, N.Y. pizza shop owner is speaking out after he was canceled for flying a Trump flag in the back of his store.
Nearly one-third of small-business decision-makers said either they or the business owners have used their own money to help the business survive the crisis.
Parul Patel, the owner of Gem Spa, a nearly 100-year-old New York City corner store with connections to Madonna and The New York Dolls, said coronavirus lockdowns forced her to permanently close the shop.