Small business financing

FILE - In this May 6, 2020 file photo, a woman walks past a closed barber shop in Cleveland. Small businesses are in limbo again as the coronavirus outbreak rages and the government’s $659 billion relief program draws to a close. Companies still struggling with sharply reduced revenue are wondering if Congress will give them a second chance at the Paycheck Protection Program, which ends Friday, Aug. 7, after giving out 5.1 million loans worth $523 billion. (AP Photo/Tony Dejak, File)
August 07, 2020 - 12:34 pm
NEW YORK (AP) — Small businesses are in limbo again as the coronavirus outbreak rages and the government’s $659 billion relief program draws to a close. Companies still struggling with sharply reduced revenue are wondering if Congress will give them a second chance at the Paycheck Protection...
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Treasury Secretary Steven Mnuchin arrives for continued negotiations ahead of a meeting, Wednesday, Aug. 5, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
WBEN Newsroom
August 05, 2020 - 9:11 pm
WASHINGTON (AP) — After more than a week’s worth of meetings, at least some clarity is emerging in the bipartisan Washington talks on a huge COVID-19 response bill. Negotiators are still stuck, but still trying. A combative meeting Wednesday involving top Capitol Hill Democrats and the postmaster...
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FILE - In this July 16, 2019, file photo, a man walks across the street from a Capital One location in San Francisco. Delayed receipt of money from the coronavirus relief bill is one of the newest difficulties faced by people who don’t have bank accounts. But there are other challenges as well, and it may come as an unwelcome surprise that banks sometimes turn down those applying for their first account. (AP Photo/Jeff Chiu, File)
August 05, 2020 - 10:50 am
Managing your money without a bank account is doable. But it can pose challenges — and the COVID-19 pandemic has only added more. Your economic impact payment might’ve arrived weeks or months after others’ did, in the form of a check or prepaid debit card, because you couldn’t choose the faster...
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FILE - In this July 13, 2020 file photo, a For Rent sign hangs on a closed shop during the coronavirus pandemic in Miami Beach, Fla. Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about the likelihood of any sustained recovery the rest of the year. (AP Photo/Lynne Sladky)
WBEN Newsroom
July 29, 2020 - 2:32 pm
WASHINGTON (AP) — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery the rest of the year. A huge plunge in consumer spending as people stayed home and avoided...
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Democratic presidential candidate former Vice President Joe Biden speaks at a campaign event at the William "Hicks" Anderson Community Center in Wilmington, Del., Tuesday, July 28, 2020. (AP Photo/Andrew Harnik)
July 28, 2020 - 8:17 pm
WILMINGTON, Del. (AP) — Democratic presidential candidate Joe Biden promised Tuesday that his economic agenda would combat long-standing racial inequalities as he sought to draw another sharp contrast with President Donald Trump. Biden said the Republican president is exacerbating social discord...
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Treasury Secretary Steven Mnuchin , center, walks to a Republican luncheon, Tuesday, July 21, 2020, while attending meetings on Capitol Hill in Washington. In the background at center left is White House Chief of Staff Mark Meadows. (AP Photo/Jacquelyn Martin)
July 21, 2020 - 10:10 pm
WASHINGTON (AP) — The price tag for the next COVID-19 aid package could quickly swell above $1 trillion as White House officials negotiate with Congress over money to reopen schools, prop up small businesses, boost virus testing and keep cash flowing to Americans while the virus crisis deepens in...
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Democratic presidential candidate, former Vice President Joe Biden speaks during a campaign event, Tuesday, July 14, 2020, in Wilmington, Del. (AP Photo/Patrick Semansky)
July 20, 2020 - 5:53 pm
WASHINGTON (AP) — Joe Biden is calling President Donald Trump's handling of the coronavirus pandemic “inept” in a new statement that lays out his priorities for the next relief package in Congress. In the statement, shared first Monday with The Associated Press, Biden charged that Trump has “turned...
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FILE - In this April 15, 2020, file photo, two people walk past a closed sign at a retail store in Chicago. Ever since the U.S. government launched its emergency lending program for small businesses on April 3, there have been complaints that bigger companies had their loans approved and disbursed more quickly. There is now evidence to back up those complaints. (AP Photo/Nam Y. Huh, File)
July 20, 2020 - 3:04 pm
NEW YORK (AP) — Ever since the U.S. government launched its emergency lending program for small businesses on April 3, there have been complaints that bigger companies had their loans approved and disbursed more quickly. There is now evidence to back up those complaints. An Associated Press...
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Treasury Secretary Steven Mnuchin speaks during a House Small Business Committee hearing on oversight of the Small Business Administration and Department of Treasury pandemic programs on Capitol Hill in Washington, Friday, July 17, 2020. (Erin Scott/Pool via AP)
July 17, 2020 - 8:04 pm
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin urged Congress Friday to quickly enact a new pandemic relief package targeting hardest-hit swaths of the economy, as lawmakers race to stand up federal aid in the face of the latest spike in coronavirus cases across much of the Sun Belt and...
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House Speaker Nancy Pelosi of Calif., speaks during a news conference on Capitol Hill in Washington, Thursday, July 16, 2020. (AP Photo/Susan Walsh)
July 16, 2020 - 5:29 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi on Thursday compared President Donald Trump to “the man who refuses to ask for directions” as she pleaded with the White House to seek input from the nation's scientific leaders to reverse the rise in COVID-19 cases and deaths. The Democratic speaker...
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