News > US

Small business owners can get either loans or payroll relief from the $2 trillion coronavirus stimulus bill, but not both. Here's how to decide which is better for you

2 monthes ago   |   By Business Insider

The US government passed a $2 trillion stimulus package to stabilize the American economy during the coronavirus crisis.
More than $300 billion of that is earmarked for small businesses in the form of loans and payroll-tax deferment, of which businesses can only opt for one.
The two programs are very different and each has its benefits and drawbacks.
Business Insider spoke with two experts to make more sense of the bill and understand how small businesses can determine which program is best for them.
Read more ...

 

Trump signs the $2 trillion coronavirus economic relief bill into law, which includes checks for Americans and business loans

Trump signs the $2 trillion coronavirus economic relief bill into law, which includes checks for Americans and business loans

2 monthes ago   |   By Business Insider

Trump signed a $2 trillion economic relief package on Friday to shore up an economy battered by the coronavirus pandemic.
It will directly send $1,200 checks to millions of Americans and provide zero-interest loans to small businesses employing fewer than 500 workers.
It's also set to dramatically expand unemployment benefits.
Visit Business Insider's homepage for more stories .
President Trump signed the $2 trillion economic stimulus package to mitigate the worst effects of the coronavirus pandemic on the US economy on Friday. It will inject a flood of cash and make it available for...
Read more ...

 

Rare photos show lawmakers sitting in the House's public gallery and using social distancing while voting on $2 trillion coronavirus relief bill

Rare photos show lawmakers sitting in the House's public gallery and using social distancing while voting on $2 trillion coronavirus relief bill

2 monthes ago   |   By Business Insider

The House passed a $2 trillion stimulus package on Friday afternoon after weeks of furious negotiation on Capitol Hill about how to address the economic fallout of the coronavirus.
Congressmembers had to practice social distancing in the House chamber during the proceedings, in order to prevent the spread of the coronavirus.
Some members sat in the gallery above the House floor, typically reserved for visitors, staff, and members of the public. Several of them captured photos of the historic scene.
Photos usually aren't allowed in the House chamber, which means Americans got a rare glimpse...
Read more ...

 

Coronavirus updates: US House passes $2 trillion stimulus package - CNET

Coronavirus updates: US House passes $2 trillion stimulus package - CNET

2 monthes ago   |   By CNET

Plus: UK Prime Minister Boris Johnson tests positive, the US now has the most cases worldwide, and new jobless claims surpass anything in US history.
Read more ...

 

The House just passed the $2.2 trillion coronavirus stimulus bill. Here's what it means for the more than one million restaurants in the US

The House just passed the $2.2 trillion coronavirus stimulus bill. Here's what it means for the more than one million restaurants in the US

2 monthes ago   |   By Business Insider

The Senate passed a $2.2 trillion economic stimulus bill on Wednesday to bolster the US economy during the coronavirus pandemic.
After more than three hours of debate, The House passed the bill on Friday afternoon.
The restaurant industry, which employs 15.6 million people across the US , will take an estimated $225 billion hit because of the outbreak - but the new stimulus bill could offer some relief for restaurants.
The aid package would offer more than $300 billion in loans to small businesses for payroll, mortgage and rent payments, utilities, and other expenses. Some loans could be...
Read more ...

 

House passes $2 trillion coronavirus stimulus bill, which includes direct payments to Americans and business loans

House passes $2 trillion coronavirus stimulus bill, which includes direct payments to Americans and business loans

2 monthes ago   |   By Business Insider

The House passed the Coronavirus Aid, Relief, and Economic Security, or CARES, Act on Friday, sending the bill to the White House for President Donald Trump to unleash $2 trillion in stimulus for the coronavirus-hammered economy.
The legislation passed just before 1:30 p.m. ET after more than three hours of debate.
It includes direct payments of $1,200 for millions of Americans, emergency loans for businesses, hospital aid, and unemployment benefit expansions.
The passage follows back-to-back blockages from Senate Democrats earlier in the week and days of negotiation before a deal was...
Read more ...

 


Search by Tags

   US      Tax      Bills      Business      Economy      Expert      Americas      Economics      Law      Photo      Design      UK      Industry      Aids      People      Offer      Security      Donald Trump  


Gilead slides 4% after COVID-19 drug shows limited benefit in moderately ill...

Gilead slides 4% after COVID-19 drug shows limited benefit in moderately ill patients

Gilead's stock fell 4% on Monday after a coronavirus drug trial showed mixed results in moderately ill people. The company tested the drug in patients who received the... Read more ...

Minneapolis cops made 44 people unconscious in last five years using neck...

Minneapolis cops made 44 people unconscious in last five years using neck restraints

According to the Minneapolis police data, 60 per cent of the 44 people who were made unconscious after being put in a chokehold were black and 30 per cent were white. Read more ...

Moment protesters in Louisville protect a cop who got separated from his...

Moment protesters in Louisville protect a cop who got separated from his police unit

A group of protesters in Louisville, Kentucky, created a human shield to protect a white officer during protests Read more ...

Marlborough racing tips and best bets for Tuesday June 2

Marlborough racing tips and best bets for Tuesday June 2

Read more ...

Cancer and heart disease services put at risk by coronavirus response

Cancer and heart disease services put at risk by coronavirus response

Read more ...

Alexandria Ocasio-Cortez accuses New York police union of threatening Mayor...

Alexandria Ocasio-Cortez accuses New York police union of threatening Mayor Bill de Blasio's daughter after her arrest at Saturday's protests

Rep. Alexandria Ocasio-Cortez, the New York progressive, slammed a New York City police department union for tweeting out confidential information about Mayor Bill de Blasio's... Read more ...

How Silicon Valley leaders, from Elon Musk to Tim Cook, are responding to...

How Silicon Valley leaders, from Elon Musk to Tim Cook, are responding to the George Floyd protests

Silicon Valley leaders are voicing their solidarity for protests that have erupted across the nation in response to the death of George Floyd. Executives from Google, Snap... Read more ...

'You're going to look like a bunch of jerks': Trump tells governors 'most of...

'You're going to look like a bunch of jerks': Trump tells governors 'most of you are weak' and urges them to 'dominate' as protests consume the nation

President Donald Trump laid the blame on governors for the unrest spreading across the nation in a Monday morning conference call. The Associated Press and CBS News reported... Read more ...

Furious MPs blast Jacob Rees-Mogg's 'conga' plan to scrap the virtual...

Furious MPs blast Jacob Rees-Mogg's 'conga' plan to scrap the virtual coronavirus parliament

Commons Leader Jacob Rees-Mogg tabled a motion on Monday preventing the resumption of virtual voting, which allowed MPs to have their say from afar during the pandemic. Read more ...

Pageant wife of Derek Chauvin doesn't want a penny in their divorce

Pageant wife of Derek Chauvin doesn't want a penny in their divorce

The wife of 'killer cop' Derek Chauvin followed through with her vow to divorce him today, insisting in a bombshell court filing that she doesn't want a penny from the shamed... Read more ...