Most PPP recipients expect to run out of money by August, study finds

A majority of small businesses that tapped the taxpayer-funded Paycheck Protection Program expect to run out of money by the first week of August, according to a Goldman Sachs survey released Tuesday.

Junk mail? Tens of thousands may have mistakenly thrown away stimulus payments

Despite warnings issued by the federal government, tens of thousands of individuals may have inadvertently thrown out their $1,200 stimulus payments.

White House campaign to help jobless 'find something new'

A new White House-backed ad campaign aims to encourage people who are unemployed or unhappy in their jobs or careers to “find something new.”

Additional $600 a week in jobless benefits about to expire

The additional $600 a week in jobless benefits that became available to those collecting unemployment amid the coronavirus pandemic is slated to expire at the end of the month.

US budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

Don't be late: Tax filing deadline is Wednesday, July 15

After a nearly three-month reprieve because of the COVID-19 pandemic, the tax filing deadline is fast approaching. It's Wednesday, July 15. There was some talk about extending the deadline again, but that’s not happening. 

Average gas price rises over last 2 weeks

The average U.S. price of regular-grade gasoline increased by 2 cents over the past two weeks, to $2.24 per gallon.

After lobbying, Catholic Church won $1.4B in virus aid

The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed coronavirus aid.

US wholesale prices fell 0.2% in June as food costs plunged

U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.

July 15 tax filing deadline: A look at IRS penalties

The postponed tax season deadline is July 15, which means some last-minute filers need to take action in order to avoid being penalized by the IRS.

Stores focus on cleaning to get shoppers back to spending

Forget about making shopping fun. As clothing retailers and others try to stay viable during the coronavirus pandemic, they’re hoping steps like cleaning during store hours, offering hand sanitizer and other safety measures will bring in customers to spend.

Activity in services sector shows record rebound in June

Activity in the U.S. services sector showed a record rebound in June but future improvement could be jeopardized by the resurgence of coronavirus cases in many parts of the country.

Small business aid went beyond hard-hit companies, data show

The government handed out $521 billion through the paycheck protection program, a crucial piece of the government's $2 trillion rescue package.

$10,000 and $25,000 grants available for minority and women business owners

An organization called “Count Me In” will soon give 19 minority and women business owners thousands of dollars to reinvigorate their companies in the midst of COVID-19.

What will the next coronavirus relief bill look like? Congress mulls stimulus checks and back-to-work bonus

As a recent coronavirus resurgence threatens to derail the U.S. economy's gradual recovery from the worst downturn since the Great Depression, the spike in cases has put added pressure on Congress to pass another round of fiscal aid.