The second $284 billion Paycheck Protection Program, which will offer more forgivable loans designed to soften job losses from the pandemic, began accepting applications from businesses today. read more >
A top government financial oversight panel says that the turbulence in financial markets last spring has exposed problems in the operation of money market funds that will need to be corrected before the next crisis hits. read more >
The U.S. Small Business Administration, in consultation with the Treasury Department, recently released a simpler loan forgiveness application for Paycheck Protection Program loans of $50,000 or less. read more >
The Treasury Department wants to dedicate $500 billion to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy amid the coronavirus epidemic. read more >
President Donald Trump wants the government to send checks to Americans in the next two weeks in an effort to curb the economic cost of the coronavirus outbreak, Treasury Secretary Steven Mnuchin said Tuesday. read more >
President Trump's trade war with China is creating casualties in Arkansas. Soybean farmers have seen their exports to China plummet as prices have dropped 15%. read more >
After big swings higher and lower, U.S. stocks are up slightly in afternoon trading Tuesday as investors look for calm after a global sell-off. The swings came one day after the steepest drop in 6 ½ years. read more >
U.S. Rep. French Hill expects Congress to reconvene in September with a "unified approach" to tax reform crafted by the Trump administration and congressional tax leaders. read more >
Business leaders began an aggressive lobbying effort Thursday to ensure that their vision for overhauling the U.S. tax system isn't lost in the chaos consuming President Donald Trump's administration. read more >
