Small Business

June business spending showed slight improvement from May with bigger gains in some areas

Business spending showed some signs of green shoots in June, as manufacturers bought more equipment and spending shifted away from stay-at-home sectors to ones that could rebound in a reopening economy, according to Cortera, a software company which analyzes...

States rush to keep afloat businesses crushed by the pandemic

Among the countless things transformed by the coronavirus pandemic is the perennial competition between the states for business, jobs and the revenue that comes with them. Make no mistake, the experts say, that battle is still going strong. But...

Trump administration releases list of companies that received most money from small business bailout...

The Trump administration on Monday disclosed the names of many small businesses which received loans under a program intended to blunt the economic damage from the coronavirus pandemic. The disclosure comes amid demands from Democrats for more transparency around the...

Companies returned $30 billion in small-business loans from Paycheck Protection Program

Steven Mnuchin, U.S. Treasury secretary, speaks during a Senate Small Business and Entrepreneurship Committee hearing in Washington, D.C., U.S., on Wednesday, June 10, 2020. Al Drago | Bloomberg | Getty Images Companies have returned or canceled more than $30 billion...

Freelancer? Independent contractor? You’re eligible for this $1,000 grant from the government

Monica Murphy One of the small-business loan relief programs included in the historic stimulus package Congress passed in March contains a provision that many gig workers and freelancers might have overlooked. They're eligible for a $1,000 grant that doesn't...

Wealth management firms among those that have taken PPP loans during coronavirus pandemic

Natasha Alipour Faridani | DigitalVision | Getty Images The government's release of data on businesses that have participated in the Paycheck Protection Program confirms what many in the financial advice industry already knew: Wealth management firms were among...

This Uber Eats driver is on track to make $100,000 a year – here’s...

Sam Lyon likes a good challenge.  And when his new job fell through because of a coronavirus hiring freeze, Lyon wanted to aim high. That's when Lyon, 26, decided to create what he calls the "Uber Eats Challenge." The Salem, Oregon,...

PPP loans are ending. Here’s where small businesses can turn now

Jovita Carranza, head of the Small Business Administration, listens during a roundtable discussion with governors and small-business owners. Alex Wong/Getty Images The Paycheck Protection Program is ending, meaning ailing small businesses will need to look elsewhere for funding. But where to...

Billionaire Barry Sternlicht sees a ‘vicious cycle’ of pain if U.S. businesses can’t reopen

Billionaire global investor Barry Sternlicht told CNBC on Tuesday that the U.S. could end up in a downward spiral of economic pain if the businesses cannot get back to operating due to the coronavirus.  "If we don't get people back to work...

The rapid rollout of the Paycheck Protection Program raises fraud risk, government watchdog finds

The administrator of the Small Business Administration, Jovita Carranza, looks on during the daily briefing on the coronavirus outbreak. Mandel Ngan | AFP | Getty Images The speedy rollout of the Paycheck Protection Program put cash into the hands of...

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