Small Business

Linda DeFrancesco stocks shelves with her farm's own salsa, spreads, veggies and salsa at DeFrancesco Farm Stand in Northford, Conn., Thursday, March 26, 2020. Businesses across the state are worried about the impact of the coronavirus, even the ones considered "essential" like farmers' markets and garden centers. The farm stand opens Saturday at 10 a.m. (Dave Zajac/Record-Journal via AP)
AP News
March 30, 2020 - 2:49 pm
NEW YORK (AP) — When will the money arrive? That's the urgent question for small business owners who have been devastated by the coronavirus outbreak. They're awaiting help from the $2 trillion rescue package signed into law Friday. But with bills fast coming due, no end to business closings and an...
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President Donald Trump speaks before he signs the coronavirus stimulus relief package in the Oval Office at the White House, Friday, March 27, 2020, in Washington. Listening are from left, Larry Kudlow, White House chief economic adviser, Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell, R-Ky., and House Minority Leader Kevin McCarty of Calif. (AP Photo/Evan Vucci)
Associated Press
March 28, 2020 - 12:09 am
WASHINGTON (AP) — President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law after swift and near-unanimous action by Congress to support businesses, rush resources to overburdened health care providers and help struggling families during the deepening coronavirus...
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President Donald Trump speaks about the coronavirus in the James Brady Briefing Room, Thursday, March 26, 2020, in Washington. (AP Photo/Alex Brandon)
March 26, 2020 - 7:11 pm
WASHINGTON (AP) — The $2 trillion legislative package moving through Congress to shore up the U.S. economy devastated by the coronavirus was carefully written to prevent President Donald Trump and his family from profiting from the federal fund. But the fine print reveals that businesses owned by...
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FILE - In this Monday, March 16, 2020, file photo, pedestrian traffic is light along Wall Street in Lower Manhattan in New York. The banking system is not as risk of failing as banks have plenty of capital on hand to handle this crisis due to the new coronavirus, economists say. (AP Photo/Craig Ruttle, File)
March 24, 2020 - 2:44 pm
NEW YORK (AP) — Tarred as villains during the 2008 financial meltdown, banks of all sizes are trying to help out Americans reeling from the economic crisis caused by the coronavirus outbreak. Banks are scrambling to put into place loan forgiveness and relief programs, working to keep their...
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FILE - In this March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference in Washington. The Federal Reserve says it will buy short-term loans from banks and companies to support the flow of credit as the economy grinds to a halt amid the viral outbreak. The Fed is reviving a program that it first used during the 2008 financial crisis to unclog a short-term lending market for what is known as “commercial paper.” (AP Photo/Jacquelyn Martin, File)
March 23, 2020 - 10:44 am
WASHINGTON (AP) — In its boldest effort to protect the U.S. economy from the coronavirus, the Federal Reserve says it will buy as much government debt as it deems necessary and will also begin lending to small and large businesses and local governments to help them weather the crisis. The Fed's...
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In this image from video, Senate Majority Leader Mitch McConnell, R-Ky., speaks on the Senate floor at the U.S. Capitol in Washington, Saturday, March 21, 2020. (Senate Television via AP)
AP News
March 22, 2020 - 1:13 am
WASHINGTON (AP) — Top-level negotiations between Congress and the White House are pushing toward resolution on a ballooning $1 trillion-plus economic rescue package, as President Donald Trump urged a deal to steady a nation shuttered by the coronavirus pandemic. With a population on edge and...
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Senate Majority Leader Mitch McConnell of Ky., walk to attend a Republican policy lunch on Capitol Hill in Washington, Thursday, March 19, 2020. (AP Photo/Susan Walsh)
March 19, 2020 - 9:25 pm
WASHINGTON (AP) — Senate Majority Leader Mitch McConnell unveiled a sweeping economic rescue plan Thursday to pump $1,200 direct checks to taxpayers, $300 billion for small businesses to keep idled workers on payroll and $208 billion in loans to airlines and other industries. It's the initial...
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Senate Majority Leader Mitch McConnell, R-Ky., walks to the chamber as lawmakers negotiate on the emergency coronavirus response legislation, at the Capitol in Washington, Wednesday, March 18, 2020. (AP Photo/J. Scott Applewhite)
Associated Press
March 18, 2020 - 11:46 pm
WASHINGTON (AP) — By a sweeping bipartisan tally, the Senate on Wednesday approved a $100 billion-plus bill to boost testing for the coronavirus and guarantee paid sick leave for millions of workers hit by it — and President Donald Trump quickly signed it. But lawmakers and the White House had...
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A recently landed Delta Air Lines plane is towed past two stripped passenger planes at Pinal Airpark Wednesday, March 18, 2020, in Red Rock, Ariz., as many passenger planes are being kept at the facility as airlines cut back on service due to the coronavirus. (AP Photo/Ross D. Franklin)
March 18, 2020 - 7:19 pm
The number of confirmed cases of the new coronavirus worldwide surpassed 200,000 for the first time Wednesday and the damage being seeded in the global economy is growing more clear by the day. Furloughs and job cuts, from dog walkers to oilfield workers, have begun. Governments around the world...
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