America's wealthiest zip code rejects $2M coronavirus relief aid from government, resident says
Florida’s exclusive Fisher Island, home to the wealthiest zip code the country, ultimately voted to reject $2 million in federally-approved coronavirus relief allocated to the community’s homeowners’ association as part of the government's Paycheck Protection Program meant for small businesses, a resident said.
Florida’s exclusive Fisher Island, home to the wealthiest zip code the country, ultimately voted to reject $2 million in federally-approved coronavirus relief allocated to the community’s homeowners’ association as part of the government's Paycheck Protection Program meant for small businesses, a resident said.
Small business loan program plagued by outages, delays as second wave of aid begins
E-Tran, the Small Business Administration's electronic system used to help process applications for government-backed aid, has suffered glitches amid the first wave of applicants.
E-Tran, the Small Business Administration's electronic system used to help process applications for government-backed aid, has suffered glitches amid the first wave of applicants.
Credit card issuers will lower credit limits amid coronavirus outbreak
Many families may rely on credit cards to get through this tough time, but know that credit card companies are very likely about to lower your credit limit. This happened to most of us during the recession in 2008. That $3,000 card limit card was suddenly $1,500.
Many families may rely on credit cards to get through this tough time, but know that credit card companies are very likely about to lower your credit limit. This happened to most of us during the recession in 2008. That $3,000 card limit card was suddenly $1,500.
Ally Bank waives overdraft fees for customers amid coronavirus pandemic
The digital-only bank said it is forgiving overdraft fees for customers through July 18, 2020 amid the COVID-19 crisis.
The digital-only bank said it is forgiving overdraft fees for customers through July 18, 2020 amid the COVID-19 crisis.
1 in 4 Americans have lost job because of coronavirus; most think they'll return to work
One out of every four American adults say someone in their household has lost a job to the coronavirus pandemic, but the vast majority expect those former jobs will return once the crisis passes
One out of every four American adults say someone in their household has lost a job to the coronavirus pandemic, but the vast majority expect those former jobs will return once the crisis passes
Pandemic unemployment assistance is in the mail
Unemployment numbers continue to rise. A Georgia Department of Labor spokeswoman reports they processed last month more than one million claims. That’s more than the combined total for the previous three years. But starting today, some businesses are allowed to re-open. But what does this do to employees still seeking benefits?
Unemployment numbers continue to rise. A Georgia Department of Labor spokeswoman reports they processed last month more than one million claims. That’s more than the combined total for the previous three years. But starting today, some businesses are allowed to re-open. But what does this do to employees still seeking benefits?
Social Security and Medicare funds at risk even before coronavirus pandemic
For Social Security, the projected 2035 date for exhausting the trust fund reserves means that it would be able to pay only 79% of benefits.
For Social Security, the projected 2035 date for exhausting the trust fund reserves means that it would be able to pay only 79% of benefits.
Amoeba Music struggling to stay afloat during COVID-19 crisis
Empty streets in Hollywood. The iconic Amoeba Music Store on Hollywood Boulevard is closed. A much different vibe from better days.
Empty streets in Hollywood. The iconic Amoeba Music Store on Hollywood Boulevard is closed. A much different vibe from better days.
People missing out on stimulus checks because spouses are immigrants
Roughly 1.2 million U.S. citizens did not receive stimulus checks because they are married to immigrants who don’t have social security numbers and joint-filed their taxes.
Roughly 1.2 million U.S. citizens did not receive stimulus checks because they are married to immigrants who don’t have social security numbers and joint-filed their taxes.
AP: Publicly traded firms get $300M in small-business loans
The Paycheck Protection Program was supposed to help small businesses, which typically have less access to quick cash and credit.
The Paycheck Protection Program was supposed to help small businesses, which typically have less access to quick cash and credit.
How to spot a counterfeit stimulus check: Treasury, Secret Service warn against coronavirus relief fraud
The Secret Service and the Treasury Department are working together to help individuals protect themselves from counterfeit stimulus checks, as the Trump administration plans to mail millions of coronavirus relief checks to Americans later this month.
The Secret Service and the Treasury Department are working together to help individuals protect themselves from counterfeit stimulus checks, as the Trump administration plans to mail millions of coronavirus relief checks to Americans later this month.
Oil price goes negative as demand collapses; stocks dip
The price for oil plummeted to negative $3.70 per barrel, as of 2:15 p.m. Eastern time.
The price for oil plummeted to negative $3.70 per barrel, as of 2:15 p.m. Eastern time.
How to spot a counterfeit stimulus check: Secret Service, Treasury warn against coronavirus relief fraud
The Secret Service and the Treasury Department are working together to help individuals protect themselves from counterfeit stimulus checks, as the Trump administration plans to mail millions of coronavirus relief checks to Americans later this month.
The Secret Service and the Treasury Department are working together to help individuals protect themselves from counterfeit stimulus checks, as the Trump administration plans to mail millions of coronavirus relief checks to Americans later this month.
Why some military members had stimulus checks snatched, reduced
USAA, a financial company that caters to military members and veterans, has suspended a policy that had resulted in members having their stimulus checks used to offset existing debts.
USAA, a financial company that caters to military members and veterans, has suspended a policy that had resulted in members having their stimulus checks used to offset existing debts.
USDA announces $19 billion Coronavirus Food Assistance Program to support food producers
Farmers, ranchers and producers would receive $16 billion in direct payments from the program, while $3 billion would be dedicated to the purchase of food products to be distributed to Americans in need.
Farmers, ranchers and producers would receive $16 billion in direct payments from the program, while $3 billion would be dedicated to the purchase of food products to be distributed to Americans in need.
Still no stimulus check in your bank account? Here's why it may be delayed
Social Security and Supplemental Security Income recipients are expected to receive the payments automatically soon, IRS said
Social Security and Supplemental Security Income recipients are expected to receive the payments automatically soon, IRS said
IRS depositing some coronavirus stimulus checks into wrong bank accounts
If you think your check was sent to the wrong account, call your bank and verify it, the IRS says
If you think your check was sent to the wrong account, call your bank and verify it, the IRS says
Small business loan program runs out of money, no longer accepting applications
A popular small business relief program ran out of funds on Thursday morning, as billions of dollars in additional coronavirus aid remain stuck in congressional limbo.
A popular small business relief program ran out of funds on Thursday morning, as billions of dollars in additional coronavirus aid remain stuck in congressional limbo.
Coronavirus stimulus checks reportedly get sent to dead people
“Will they want the $1,200 back?” a widow whose husband died last year asked on Twitter after she received the full $2,400 payment for married couples.
“Will they want the $1,200 back?” a widow whose husband died last year asked on Twitter after she received the full $2,400 payment for married couples.
Taxpayers outraged after stimulus checks are deposited into third-party accounts
Angry customers visited offices of ATC and other income tax preparation companies across metro Atlanta Wednesday, demanding answers about their stimulus payments. Each one had the same complaint, saying their stimulus funds were deposited into third-party bank accounts, not their own. Those accounts were set up to allow taxpayers to receive refunds, but were not intended for the stimulus payments.
Angry customers visited offices of ATC and other income tax preparation companies across metro Atlanta Wednesday, demanding answers about their stimulus payments. Each one had the same complaint, saying their stimulus funds were deposited into third-party bank accounts, not their own. Those accounts were set up to allow taxpayers to receive refunds, but were not intended for the stimulus payments.