Small Business Administration watchdog report cites ‘serious concerns’ over ‘widespread’ COVID-19 relief fraud

A report from the Office of Inspector General of the U.S. Small Business Administration details complaints of thousands of instances involving suspected fraud from financial institutions apparently receiving economic assistance from Coronavirus relief aid.

Gov. Murphy says NJ awarding $15M in CARES fund to small business

New Jersey Gov. Phil Murphy says $15 million in federal funding has been made available to small businesses struggling from the coronavirus outbreak.

Second stimulus check details revealed: Who is eligible?

The GOP unveiled details for a second round of direct payments to American households on Monday, in legislation that has been dubbed the HEALS Act.

More payments, extended benefits:  Inside the GOP's COVID stimulus proposal

The framework is expected to extend — but reduce substantially — just-expired expanded unemployment benefits, send a fresh round of $1,200 stimulus check to American adults earning less than $75,000 in August and funnel tens of billions of dollars in aid to schools and universities.

Many Americans should be getting $1,200 checks in August, Treasury Secretary says

Treasury Secretary Steve Mnuchin says that many Americans will be getting another $1,200 stimulus check in August. But, he says that the GOP is determined to cut down the $600/week in extra federal unemployment benefits that millions have been getting for months.

Poll: Nearly half say job lost to coronavirus won't return

Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic believe those jobs are lost forever.

US new home sales jump 13.8% in June

The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.

White House drops payroll tax cut as GOP unveils virus aid

The White House has dropped a bid to cut Social Security payroll taxes as Republicans unveil a $1 trillion COVID-19 rescue package.

Jobless claims rise as cutoff of extra $600 benefit nears

The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.

Ann Taylor, Lane Bryant owner files for bankruptcy protection, will close some stores

Ascena Retail Group, the parent company of Lane Bryant, Ann Taylor and Justice, announced Thursday that it has filed for Chapter 11 bankruptcy protection after its business was "severely disrupted by the COVID-19 pandemic."

Why are coins hard to find during the pandemic?

The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash.

Remote jobs during coronavirus hiring for six-figure salaries now

Remote job roles in engineering, communications and marketing are hiring at these companies during the COVID-19 pandemic.

Coronavirus prompts Country Time to offer lemonade stand stimulus checks for kids

The powdered beverage company Country Time is issuing stimulus checks to children who have had to shutter their summertime lemonade stands due to the current coronavirus pandemic.

Top Republicans meet with Trump to negotiate next coronavirus stimulus package

Top Republicans in Congress met Monday with President Donald Trump at the White House on the next COVID-19 aid package as the crisis many hoped would have improved has dramatically worsened, just as emergency relief is expiring.

Coin shortage prompts bank to pay you for spare change: ‘It has never happened before’

Do you have a jar of coins in your house? Maybe you have been saving for a special occasion? Well, a local bank says they will pay you for what’s inside that jar — plus interest!