US stocks took a deep sigh of relief Friday after President Trump’s tough talk toward China did not include the announcement of any new tariffs. The Dow Jones industrial average slid as much as 368.97 points, or 1.4 percent, to 25,031.67 ahead of Trump’s 2 p.m. news conference. That index closed down only 17.53 points, […]
Read MoreAviation Commissioner Jamie Rhee | Jamie Rhee The relief package would waive rent and fees for two months for restaurants and stores. Beginning in June, those concessionaires would pay base rent only. O’Hare and Midway Airport concessionaires that have shut down or seen their revenues plummet because of the coronavirus would get some relief under […]
Read MoreThe top Republican on the House’s tax-writing committee blasted the Democrats’ $3 trillion coronavirus relief legislation as a “recipe for a prolonged recession.” Rep. Kevin Brady, R-Texas, accused Democrats Wednesday of being more concerned about helping special interests than getting the economy back up and running before the 33 million Americans who are temporarily jobless become permanently out of […]
Read MoreHouse Minority Leader Kevin McCarthy slammed the Democrats’ new coronavirus relief as a “liberal wish list” that has “no chance of becoming law.” “Tens of thousands of Americans have lost their lives due to COVID-19, and more than a million have gotten sick. A record number of Americans are out of work,” McCarthy said in […]
Read MoreThe Democrats’ new $3 trillion coronavirus relief legislation expands direct payment eligibility to many more people than last time, including undocumented immigrants who pay taxes. Each eligible person would receive $1,200 stimulus checks, up to $6,000 per household, according to the newly released legislation. For example, a married couple filing taxes jointly would receive $2,400. They would get […]
Read MoreWASHINGTON — House Democrats on Tuesday unveiled a $3 trillion pandemic relief measure, an ambitious package with aid for struggling states and another round of direct payments to Americans that Republicans instantly dismissed as an exorbitantly priced and overreaching response to the coronavirus crisis. The proposal, which spanned 1,815 pages, would add a fifth installment […]
Read MoreThe Big Apple’s struggling restaurants are about to get some relief on food-delivery costs as hungry New Yorkers increasingly order in during the coronavirus crisis. The City Council is expected to pass emergency legislation on Wednesday that will cap the commission fees that delivery apps charge restaurants at 20 percent during any government-ordered state of […]
Read MoreThe House Democrats’ coronavirus relief proposal will reach about $3 trillion in new spending, amounting to the biggest and most expensive aid package yet to deal with the global pandemic, Fox News has learned. Of the roughly $3 trillion, about $1 trillion would go to state, local and tribal governments, according to two sources briefed on […]
Read MorePiet DeVries, a consultant to the Community Organized Relief Effort, speaks during Mayor Lori Lightfoot’s coronavirus briefing Monday. | Tyler LaRiviere/Sun-Times With help from Rainbow PUSH, the city is forging a testing partnership with a humanitarian relief organization founded by Academy Award-winning actor Sean Penn. Mayor Lori Lightfoot on Monday forged a partnership with a […]
Read MoreRev. Franklin Graham says his Christian relief charity has no interest in receiving any of the funding President Donald Trump has withheld from the World Health Organization over its handling of the coronavirus By ELANA SCHOR Associated Press May 9, 2020, 4:41 PM 5 min read 5 min read Share to FacebookShare to TwitterEmail this […]
Read MoreDemocratic House leaders are putting the finishing touches on a multitrillion-dollar coronavirus relief bill and are aiming for a vote on the massive legislation next week. Authors of the ambitious pandemic response bill expect to have the text of the legislation available for review early next week. House leadership is eying a vote on the legislation […]
Read MoreCalifornia Gov. Gavin Newsom offered additional coronavirus relief for frontline workers and also for property owners in a pair of executive orders Thursday. Employees who contract COVID-19 on the job during the state’s stay-at-home order may be eligible for workers’ compensation. It applies to workers whose jobs require them to work outside their homes during the […]
Read MoreYoga may help migraine sufferers get some relief, a new study suggests. Medications are the first-line treatment for migraine, but they work for only about half of patients, and many drugs have side effects that make about 10 percent of people stop using them. Researchers in India randomized 114 patients with episodic migraines to one […]
Read MoreHouse Democrats are pushing forward with a massive fifth round of coronavirus relief legislation that could be their most far-reaching effort yet to address the economic fallout of the pandemic — and come with another price tag in the trillions. While the House is still technically on recess, Democratic leadership and committee chairs have been drafting […]
Read More2/2 © Reuters. FILE PHOTO: Larry Kudlow participates in coronavirus economic “relief update” virtual event at the White House in Washington 2/2 By Doina Chiacu WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Sunday he would not rule out anything in a new relief bill to ease the “tremendous hardships” of the […]
Read More© Reuters. FILE PHOTO: Larry Kudlow participates in coronavirus economic “relief update” virtual event at the White House in Washington WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Sunday he would not rule out any element in the next potential coronavirus relief bill, including more money for state and local governments and […]
Read More© Reuters. FILE PHOTO: Larry Kudlow participates in coronavirus economic “relief update” virtual event at the White House in Washington WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Friday the Trump administration would focus on pro-growth measures and removing business barriers, as Congress deliberates the next massive coronavirus relief package. “So, we […]
Read More2/2 © Reuters. FILE PHOTO: Larry Kudlow participates in coronavirus economic “relief update” virtual event at the White House in Washington 2/2 By Jeff Mason, Matt Spetalnick and Humeyra Pamuk WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic […]
Read More2/2 © Reuters. FILE PHOTO: Larry Kudlow participates in coronavirus economic “relief update” virtual event at the White House in Washington 2/2 By Jeff Mason, Matt Spetalnick and Humeyra Pamuk WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic […]
Read More© Reuters. FILE PHOTO: Larry Kudlow participates in coronavirus economic “relief update” virtual event at the White House in Washington By Matt Spetalnick and Humeyra Pamuk WASHINGTON (Reuters) – There is a growing push within the Trump administration to craft a list of retaliatory measures against China over its role in the coronavirus outbreak, three […]
Read MoreThe federal government passed the Paycheck Protection Program to provide emergency financial relief to small businesses during the coronavirus shutdown. Then why exactly did the Lakers and publicly traded companies like Shake Shack, Ruth’s Chris Steakhouse and Potbelly receive millions in funds that they had to return? Chris Cillizza explains. SOURCES AND FURTHER READING: How, […]
Read MoreThe smallest companies seeking coronavirus relief loans are moving to the head of the line By JOYCE M. ROSENBERG AP Business Writer April 29, 2020, 8:39 PM 4 min read 4 min read Share to FacebookShare to TwitterEmail this article NEW YORK — The smallest companies seeking coronavirus relief loans were moving to the head […]
Read MoreThe smallest companies seeking coronavirus relief loans are moving to the head of the line _ the Small Business Administration says that for eight hours ending at midnight Eastern time it will accept loans only from small lenders By JOYCE M. ROSENBERG AP Business Writer April 29, 2020, 6:00 PM 1 min read 1 min […]
Read MoreBanks trying to submit applications for thousands of small businesses seeking coronavirus relief loans have hit a bottleneck for a second day at the Small Business Administration. Banking industry groups said Tuesday the SBA’s loan processing system is still unable to handle the volume of loan applications from business owners trying to get aid under […]
Read MoreThe feds plan to audit all large coronavirus relief loans amid an outcry over big companies getting help at the expense of struggling small businesses. The US Small Business Administration will review all Paycheck Protection Program loans worth more than $2 million before forgiving the debt, Treasury Secretary Steven Mnuchin said Tuesday. Loans from the […]
Read More<br> Senate Majority Leader Mitch McConnell details next phase of coronavirus relief on Senate Majority Leader Mitch McConnell said Monday that the Senate will reconvene May 4, in-person, and will modify routines on Capitol Hill in “smart and safe” way amid the coronavirus pandemic. “Senators will return to Washington D.C. one week from today,” McConnell, […]
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