With $349 Billion in Emergency Small Business Capital Cleared, SBA and Treasury Begin Unprecedented Public-Private Mobilization Effort to Distribute Funds Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and...
StockX, the high-flying resale marketplace that connects buyers and sellers of sneakers, streetwear, handbags and other collectible items who agree on pricing, has seen its fortune rise along with the $6 billion global sneaker resale market, which is part of the broader $100 billion sneaker category. In fact, the company, which was assigned a billion-dollar-plus valuation…
The Internal Revenue Service is committed to helping military members, veterans and their families meet their federal income tax filing obligations. Active duty or reserve members of the armed forces listed below may be eligible for military tax benefits. Recently...
SBA Offers Disaster Assistance to Alabama Small Businesses Economically Impacted by the Coronavirus (COVID-19) The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Alabama small businesses suffering substantial economic injury as a result of the Coronavirus...
These are unprecedented times, and it's inspiring to see communities rising to the challenge. However, not everyone has the resources to "shelter in place" especially the millions of people in the Supplemental Nutrition Assistance Program (SNAP). Living paycheck to paycheck...
Monzo, the U.K. challenger bank, is officially launching business bank accounts today, after an extensive trial period over the last 12 months that saw early access given to 2,500 business customers. Perhaps surprisingly, right out of the gate Monzo is offering two versions of its business bank account — which is aimed at sold traders…
The plunge in global markets on Monday will no doubt add a sense of urgency to the high-level meetings at the White House Monday afternoon aimed at formulating coronavirus economic policy responses. There are several steps the Trump administration can take to combat the economic drag from the coronavirus. These would likely prevent a recession…
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