The Latest

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Michael Moeser
August 7, 2020 12:01 AM

Now that the U.S. is five months into the COVID crisis a new victim is emerging. Caught between small businesses furloughing their staff landlords needing to collect rent are millions of hourly workers.

1 Min Read
Federal Reserve Exterior As Fed Looks Locked In For Quarter-Point Cut
August 6, 2020 5:59 PM

Just eight loans had been made as of late July, six of them through a single community bank in Florida, according to new data on the federal rescue program for small and midsize companies hurt by the pandemic.

2 Min Read
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Kristen Keats
August 6, 2020 1:38 PM

The COVID-19 pandemic flipped our working world on its head.

4 Min Read
Sen. Bernie Sanders, I-Vt.
By Berber Jin
August 6, 2020 11:47 AM

U.S. Senator Bernie Sanders said he will introduce legislation to tax what he called the “obscene wealth gains” from billionaires during the coronavirus crisis.

2 Min Read
Penny Crosman
August 6, 2020 11:13 AM

The digital bank, founded by a former Western Union president, offers tools to help low- and moderate-income people access their wages early, pay bills and engage in other financial services activities for a monthly fee.

6 Min Read
Nancy Pelosi, right, with Chuck Schumer, following a meeting at the U.S. Capitol in Washington, D.C., on Aug. 5.
By Laura Litvan, Erik Wasson and Billy House
August 6, 2020 11:02 AM

Democrats are demanding more Republican concessions to meet an end-of-the-week deadline for a deal on pandemic relief, and one of the chief White House negotiators warned there is little time left for negotiations.

3 Min Read
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By Laura Davison
August 6, 2020 10:31 AM

The Internal Revenue Service is sending $500 payments to the children of some stimulus relief recipients who hadn’t gotten that part of the aid package after lawmakers complained that the agency wasn’t moving fast enough.

1 Min Read
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Michael Cohn
August 6, 2020 10:23 AM

Bento for Business, a spend management system, is looking to assist small and midsize businesses with surviving through the COVID-19 pandemic.

3 Min Read
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Dave Martin
August 6, 2020 9:00 AM

The coronavirus pandemic has forced some branches to close, but demand for in-person advice remains strong.

3 Min Read
“The pandemic created the sudden need for most businesses to become digitally savvy," said Philip McHugh (left), CEO of PaySafe Group. He shares leadership with Afshin Yazdian (center), CEO of PaySafe's U.S. acquiring division; and Paulette Rowe, CEO of PaySafe's global e-commerce and integrated solutions unit.
Kate Fitzgerald
August 6, 2020 12:01 AM

The coronavirus outbreak initially looked like it might torpedo U.K.-based Paysafe’s plan to expand in the U.S. in 2020. But several months into the pandemic, the payments conglomerate sees ways it can grow by helping bruised small businesses retool operations.

4 Min Read