Displaying 10 out of 7 results

  1. FILE PHOTO: U.S. President Trump participates in coronavirus relief bill signing ceremony at the Wh

    Exclusive: US small business program handed out virus aid to many borrowers twice

    A technical snafu in a U.S. government system caused many small businesses to receive loans twice or more under a federal aid program to help ...
  2. U.S. President Donald Trump arrives from Camp David to the White House in Washington

    Trump says should be possible to allow PPP borrowers more time to use loans

    U.S. President Donald Trump said on Monday extending the amount of time borrowers in the Paycheck Protection Program have to spend their funds to ...
  3. FILE PHOTO: The U.S. Capitol dome is pictured ahead of a vote on the additional funding for the cor

    US small business rescue program ignored Congress: watchdog

    The U.S. government's US$660 billion program to rescue small businesses hit by the coronavirus pandemic thwarts the intention of Congress by ...
  4. FILE PHOTO: A  security guard wearing a protective mask is seen inside a Chase bank in New York

    US borrowers struggle to get coronavirus relief from big banks

    U.S. borrowers seeking a reprieve from mortgage, auto or credit card payments because of coronavirus hardships are not getting the help they ...
  5. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington

    US stimulus package is biggest ever, but may not be big enough

    The Federal Reserve has offered more than US$3 trillion in loans and asset purchases in recent weeks to stop the U.S. financial system from ...
  6. FILE PHOTO: A view of the exterior of the Citibank corporate headquarters in New York, New York

    Citibank to pay US$18 million penalty for failing to insure flood-prone properties

    A U.S. banking regulator fined Citibank N.A. US$18 million for delays in purchasing mandatory flood insurance for properties where borrowers were ...