U.S. banks gird for mad grab of another $310 billion in new small business aid
U.S. banks on Monday began another chaotic dash to grab $310 billion in fresh small business aid released by the government, after it changed some of the rules of the first-come-first-served program at the 11th hour.
Trump to meet with textile makers as companies shift to masks, gowns: Navarro
U.S. President Donald Trump will meet with American textile industry representatives on Monday as clothiers seek to shift their production lines to face masks and other critical items amid the coronavirus outbreak, the White House said.
Trump administration eyes U.S. factory protocols amid coronavirus: Navarro
The Trump administration is focusing on protocols to keep U.S. factories open as the country continues to grapple with the coronavirus outbreak, including screening workers for potential cases, White House adviser Peter Navarro said on Monday.
U.S. House Speaker Nancy Pelosi endorses Joe Biden for president
U.S. House Of Representatives Speaker Nancy Pelosi endorsed Joe Biden for president, joining a list of top Democrats to back the former vice president since he emerged as the party’s presumptive nominee to take on President Donald Trump in the Nov. 3 e…
Coronavirus-spurred changes to Ohio’s primary raise concerns about November
Ohio will hold its primary election on Tuesday, a virtually all-mail contest that could serve as a test case for voting in the coronavirus era.
Democrats urge paycheck scheme coverage for community, minority lenders
Top Democrats have urged the U.S. Treasury Department and the Small Business Administration (SBA) to expand opportunities for community development financial institutions (CDFIs) and minority depository institutions (MDIs) in the Paycheck Protection Pr…
U.S. economy faces historic shock, with 16% joblessness possible, Trump adviser says
The shuttering of the U.S. economy due to the coronavirus pandemic is a shock of historic proportions that will likely push the national unemployment rate to 16% or higher this month and require more stimulus to ensure a strong rebound, a White House e…
Death toll reaches 23 from last year’s mass shooting in El Paso, Texas
The death toll from a mass shooting last August at an El Paso, Texas, Walmart store has climbed to 23 after the last victim left hospitalized from the rampage succumbed to his injuries over the weekend, the hospital said on Sunday.
Next wave of U.S. states set to reopen as coronavirus could push jobless rate to 16%
Another wave of states prepared to ease coronavirus restrictions on U.S. commerce this week, despite health experts warning there is still too little diagnostic testing, while the White House forecast a staggering jump in the nation’s monthly jobless r…
Trump rejects reports that he will fire HHS chief Azar
U.S. President Donald Trump on Sunday rejected reports that he was planning to fire Secretary of Health and Human Services Alex Azar, saying he was doing an “excellent job.”
