Category: <span>Economy</span>

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U.S. small business loan program has run out of money
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U.S. small business loan program has run out of money

Less than two weeks after launching, the Trump administration’s Paycheck Protection Program (PPP) for small businesses has run out of funds. The U.S. Small Business Administration said more than 1.62 million applications were approved, totaling $349 billion in loans from more than 4,900 lending institutions. It’s unclear how much of the $349 billion has actually...

IRS Plans Website to Track Stimulus Checks
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IRS Plans Website to Track Stimulus Checks

Stimulus checks are due out soon, and Americans want to know exactly when they’re going to receive their payments. It doesn’t look like anyone needs to play a guessing game, however, as the Internal Revenue Service (IRS) announced that it’ll offer a website that monitors all stimulus checks. Known as the ‘Get My Payment’ tool, the...