The Paycheck Protection Program is meant to help small businesses keep workers on payroll. But first, businesses have to get the money — a process that has proven difficult for some.
Millions of homeowners who've lost their incomes qualify to defer payments. But many say lenders are demanding unfair terms such as massive subsequent lump sum payments that they can't afford.
The $350 billion small business program created in the massive coronavirus relief package is popular, and multiple senators say more money is needed to keep it afloat.
Instead of mass layoffs, Germany tries to safeguard employment. Under a program called Kurzarbeit, when companies declare they're under financial distress, the government helps pay their workers.
Saudi Arabia's Crown Prince Mohammed bin Salman and Russian President Vladimir Putin are at the center of the devastating oil price war. President Trump has inserted himself into the fray.
In a letter to shareholders, the JPMorgan Chase CEO applauds the government and the Fed for quick work, but says the pandemic will have devastating consequences for the global economy.
When the coronavirus interrupted China's global shipping lines, fewer containers arrived at ports in the United States. For a truck driver in San Bernardino, Calif., that meant a reduction in income.
A week ago, President Trump extended federal social distancing guidelines. But days later, he seemed more focused on the economic downside. The mixed messaging has public health experts concerned.