stimulus package

A Los Angeles law firm Monday sued nearly 5,000 banks and lenders in an effort to recover $3.85 billion allegedly collected unfairly by financial institutions as administrative fees during the first round of payment protection funding for small businesses. According to the lawsuit, filed in Los Angeles federal court by the firm of Geragos & Geragos, thousands of financial institutions…

Congress has delivered a nearly $500 billion infusion of coronavirus spending, almost unanimously rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs

A $484 billion bill, earmarked for small businesses shut down by the coronavirus, is headed for the House after the Senate passed it on Tuesday. It includes items that Democratic lawmakers insisted on adding, including $75 billion for hospitals and another $25 billion to support expanded testing efforts. President Trump is expected to sign it by the end of the...

Congress is said to be close to a deal on funding more small business loans to help offset losses sustained due to the COVID-19 pandemic. A vote could come Monday on an additional $250 billion for the Paycheck Protection Program. The current bill would also provide billions in help for rural and minority-owned businesses.

President Donald Trump used Friday’s coronavirus news conference to express frustration with some lawmakers and corporations, saying “some aren’t appreciative … they have to do a better job themselves.” Members of the coronavirus task force also gave updates on the pandemic response, including assurances by the USDA that Americans are not at risk of a food shortage.

U.S. coronavirus infections surged to top the world amid warnings that the pandemic is accelerating in cities like New York, Chicago and Detroit.

U.S. coronavirus infections surged to top the world amid warnings that the pandemic is accelerating in cities like New York, Chicago and Detroit.

The nation’s fiercest fiscal conservatives have largely embraced the economic rescue package approved by Congress and signed by President Donald Trump

U.S. coronavirus infections surged to top the world amid warnings that the pandemic is accelerating in cities like New York, Chicago and Detroit, while a record $2.2 trillion emergency package neared final approval Friday by Congress to help millions of newly unemployed Americans and struggling companies.

The U.S. is now more than a week into an unprecedented effort to encourage all Americans to drastically scale back their public activities in an attempt to curb the spread of the coronavirus. Here’s the latest developments in the coronavirus crisis in the U.S.

Senate leaders and the White House have reached an agreement on a sweeping $2 trillion measure to aid workers, businesses and a health care system strained by the rapidly spreading coronavirus outbreak.

The U.S. Senate passed the CARES act late Wednesday night. The $2.2 trillion bill is the most expensive relief bill in U.S. history.

The U.S. is now more than a week into an unprecedented effort to encourage all Americans to drastically scale back their public activities in an attempt to curb the spread of the coronavirus. Here’s the latest developments in the coronavirus crisis in the U.S.

Lawmakers have reached a deal on a massive stimulus package aimed at blunting the economic impact of the COVID-19 outbreak. After five days of negotiations, an agreement was reached overnight on nearly $2 trillion to help workers and businesses affected by the coronavirus.

The coronavirus is preventing millions of people from going to work. Congress is trying to get money to workers stuck at home without a paycheck through a $1 trillion stimulus package but Republicans and Democrats cannot seem to agree on a compromise.