Photo: fake images (fake images) The pandemic, if anything, has seen the divide between rich and poor grow more and more, and no only the super rich, with the world of auto …
Read More »US Pandemic Relief Program Mistakenly Paid $ 692 Million in Duplicate Loans – Watchdog
WASHINGTON (Reuters) – The U.S. Small Business Administration (SBA) mistakenly paid $ 692 million in duplicate small business aid loans due to technical errors and other errors, the SBA’s internal watchdog said …
Read More »Amid a pandemic, wealthy families in the United States approved government loans
BOSTON (Reuters) – Private investment firms that manage the fortunes of wealthy people and their families have been approved for millions of dollars in taxpayer-funded aid loans designed to help small businesses …
Read More »The Catholic Church raised $ 1.4 billion in coronavirus loans
The Catholic Church raised at least $ 1.4 billion in taxpayer-backed loans aimed at helping small businesses survive the coronavirus pandemic, according to a new report. Catholic dioceses, parishes, schools, and other …
Read More »United States Treasury names small businesses that took pandemic aid, says 51.1 million jobs supported
WASHINGTON (Reuters) – The Trump government on Monday released the names of hundreds of thousands of companies that took money from a high-profile $ 660 billion pandemic aid program, allowing the public …
Read More »Trump approves five-week extension for small business pandemic loan applications
FILE PHOTO: A page of the PPP loan application that people must complete to obtain financial support due to the ongoing outbreak of coronavirus disease (COVID-19) is displayed on a desk in …
Read More »Republicans in the United States Senate will push the next coronavirus aid bill in late July
FILE PHOTO: US Senate Majority Leader Mitch McConnell (R-KY) pauses as he addresses journalists after Senate Republican Weekly Policy Luncheon on Capitol Hill in Washington , USA, June 23, 2020. REUTERS / …
Read More »JPMorgan, Citigroup Top Expectations. Wells Fargo, ladies. Here is everything you need to know
JPMorgan said in the earnings report this morning that its average loan balance increased 4% compared to the previous year in the second quarter. Commercial and industrial loans increased 3%. Its shares …
Read More »India urges AIIB to increase ten times the book of loans to $ 40 billion by 2020
MUMBAI (Reuters) – The Asian Investment Bank in Infrastructure (AIIB) backed by China should multiply ten-fold loans in two years to help the region meet its investment needs faster, said Prime Minister …
Read More »UPDATE 3: Swiss voters reject a campaign to radically alter the banking system
* Swiss government said satisfied with result * Most cantons vote against offers * Opponents warned of damage to economy (Add end result, official, government comment) ] By John Revill ZURICH, June …
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