Heard on the Street: Auto loans are emerging as one the of hardest-hit categories of credit amid the coronavirus pandemic.
As plans emerge to reopen parts of the U.S. economy, a new WSJ/NBC News poll shows the majority of Americans think it will be a long time before the economy can return to normal. WSJ’s Gerald F. Seib explains.
Photo: G. Ronald Lopez/ZUMA WireCanada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Large companies returning their small business loans amid backlash - Business InsiderPublicly traded companies are now required to return loans under the Paycheck Protection Program. Private ones like Sweetgreen are returning them too.
Read more »
House coronavirus committee will investigate loans that went to publicly traded companies, says Rep. ClyburnThe House majority whip said a priority for his committee will be looking into how publicly traded companies received loans to help small businesses.
Read more »
Small Business Loans Site Crashes On 1st Day Of ReopeningBankers have been piling up Paycheck Protection Program applications for small businesses since April 16, when the loan fund ran out of money. It reopened today after Congress added $321 million, but no one can file because the website keeps crashing.
Read more »
UK offers 100% state-backed COVID loans to smallest firmsBritish finance minister Rishi Sunak bowed to pressure on Monday to do more to help companies survive the coronavirus shutdown, announcing full state guarantees on lending to Britain's smallest businesses.
Read more »
What The CARES Act Means For Your Student LoansThe CARES Act provides relief to many student loan borrowers during the coronavirus pandemic. But how do you know if you qualify? What if you're enrolled in Public Service Loan Forgiveness? What about private loans? This episode, a Life Kit collaboration with Death, Sex & Money from WNYC Studios, explains the fine print of how to handle student loans during the pandemic.
Read more »
Klobuchar, 21 other senators pressure Trump administration to ensure smallest businesses get loansThe letter comes on the day the Trump administration will start accepting applications for small business loans after a pause.
Read more »