In an effort to relieve economic uncertainty due to the Covid-19 pandemic, the government has proposed four measures aimed to provide financial relief to small businesses. The measures issued so far include low-interest loans guaranteed by the Small Business Administration, employer tax credit, Go...
The Cybersecurity and Infrastructure Security Agency (CISA) is warning consumers about a new online scam that involves a fraudulent email that appears to come from the U.S. Small Business Administration (SBA)‘s COVID-19 loan relief website. The email’s subject line reads as “S...
Economic Injury Disaster Loan (EIDL) program changes:The Small Business Administration’s EIDL loan program existed before COVID-19 as a way to help businesses during disasters. Congress and the SBA made changes to the EIDL program in order to provide more loans and cash advances, some of whic...
Additionally, the Small Business Administration (SBA) has created an online portal to streamline the Paycheck Protection Program (PPP) loan forgiveness process. These and other COVID-19 relief updates were discussed at the latest CO— Small Business Update event, hosted by CO— editor...
The US economy has had the strongest recovery from the COVID-19 pandemic of any major developed economy. Annual inflation is approaching the Federal Reserve’s target without a recession, non-managerial real wages have exceeded pre-pandemic trends, consumer spending is continuing to exceed expectatio...
With the actual announcements of fiscal response to the COVID-19 crisis, US$ 2.3 trillion (around 11% of GDP) Coronavirus Aid, Relief and Economy Security Act (“CARES Act”) in the US,5 would be interpreted as positive news by the investors even in the middle of the COVID-19 ...
North Carolina has 763 confirmed cases of COVID-19 and has had three deaths from the virus, according to data compiled by the state's Department of Health and Human Services.–Hannah Miller 5 pm: Trump signs $2 trillion coronavirus relief bill as the US tries to prevent economic devastation...
Finally, the SBA has been offering an ongoing specialCOVID-19 EIDL programfor small businesses that have suffered financial losses during the pandemic. Due to the breadth and scope of COVID-19’s impact on the American economy, all U.S. small businesses are eligible for a disaster relief lo...
Covid-19 is a once in a lifetime opportunity for emerging Europe to develop better infrastructure Nikola Đorđević The Covid-19 crisis is a “once in a lifetime” opportunity for emerging Europe to rethink how it approaches large infrastructure projects and the wider issue... Read More...
This article has been amended since first publication to make clear that the incoming Biden administration plans to deliver 100m Covid-19 vaccinations in its first hundred days