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Category: Finance
Financial Health, Fintech, Investment, Payments
Treasury makes coronavirus loan terms less favorable for small businesses
Steven Mnuchin, U.S. Treasury secretary, speaks during a Coronavirus Task Force news conference at the White…
Bank of America says 85,000 small businesses have asked for $22.2 billion in loans since 9 a.m.
Bank of America said Friday evening that through its first day administering a small business relief program,…
Coronavirus loan program delayed for independent contractors and self-employed workers
Carlina Teteris Business owners have been eagerly anticipating a $349 billion loan program meant to cushion…
Pandemic puts the brakes on micromobility
As of this writing, nearly a million people globally have been infected with the novel coronavirus…
Stock market live Friday: Dow down 350, worst jobs report in a decade, oil’s best week
An abysmal March jobs report gives a glimpse of the devastating economic damage caused by the…
Chime pilots way to get $1,200 stimulus checks to users instantly after talks with Mark Cuban
Chime Banking logo is seen displayed on a smartphone. Rafael Henrique | LightRocket | Getty Images…
How Homage is tackling Southeast Asia’s growing eldercare need
The world’s population is aging, but the needs of elderly people are still being underserved. A…
Germany’s Xpension pension platform raises €25M in a Series C growth round
The German pension and insurance industry was a laggard in the world of online a few…
Stock market live updates: Dow futures down 130, worst jobs report in a decade, oil surging again
People walk on Wall St. outside the New York Stock Exchange, August 7, 2019. Brendan McDermid…
10-year Treasury yield falls to 0.6% after big jobs losses in March
Long-maturity Treasury yields fell slightly on Friday after March jobs report showed a surge in layoffs,…
White House says small business lending will begin Friday, but JPMorgan says it’s not ready
Hours before the launch of a federal program to dole out at least $350 billion in…
Stocks making the biggest moves in the premarket: Disney, 3M, Tesla, Apple, Peloton & more
Take a look at some of the biggest movers in the premarket: Constellation Brands (STZ) –…
Coronavirus could create ‘a generation of supersavers’ and reshape the economy
PM Images | Getty Images A generation of risk-averse supersavers could emerge from the fallout of…
Tech lobby groups urge EU chief to save start-ups from collapse
Ursula von der Leyen, incoming president of the European Commission, left, speaks during news conference at…
Coronavirus is unleashing an ‘economic shock wave’ not felt since the 1930s, hedge fund manager Mark Yusko warns
Hedge fund manager Mark Yusko is telling investors to brace for a nearly once in a…
Dire feelings on Main Street on eve of small business lending program launch
As small business owners await a much-needed lifeline Friday in the form of a massive expansion…
White House says small business lending program will be running Friday, even as JPMorgan says it’s not ready
A few hours before the expected launch of a federal program to dole out at least…
Stocks making the biggest moves after hours: Tesla, Dave & Buster’s, Chewy and more
A Dave & Buster’s location in Irvine, California. Scott Mlyn | CNBC Check out the companies…
Unemployment benefits for gig and self-employed workers stalled by confusion, delays
NurPhoto Self-employed and gig workers may have to wait a little longer than other jobless Americans…