The Small Business Administration said May 5 that the Paycheck Protection Program has been exhausted, after giving out nearly 10.8 million loans worth more than $780 billion since April 2020.
May 5, 2021Joyce M. Rosenberg
Government, Business
President Joe Biden signs the PPP Extension Act of 2021 on March 30. (Evan Vucci/Associated Press)
Small Business COVID-19 PPP Runs Out of Money
President Joe Biden signs the PPP Extension Act of 2021 on March 30. (Evan Vucci/Associated Press)
Government, Business
A cashier rings up a purchase at a store in Salem, N.H. (Elise Amendola/Associated Press)
Businesses Face New Overtime Rules in New Year
A cashier rings up a purchase at a store in Salem, N.H. (Elise Amendola/Associated Press)
NEW YORK — The new year brings new overtime rules for employers including small businesses and in turn, a pay raise for an estimated 1.3 million workers.
December 23, 2019
Government, Business
Houses in a Brandon, Miss., neighborhood. Many small companies tied to the housing market are seeing a slowdown in business, one that could continue into 2020. (Rogelio V. Solis/Associated Press)
Rising Home Prices, Falling Sales Hurt Small Businesses
Houses in a Brandon, Miss., neighborhood. Many small companies tied to the housing market are seeing a slowdown in business, one that could continue into 2020. (Rogelio V. Solis/Associated Press)
NEW YORK — Many small companies tied to the housing market are seeing a slowdown in business, one that’s forecast to continue well into 2020.
October 28, 2019Tariffs Weighing on Manufacturers’ Optimism, Survey Shows
Stacked cargo containers at the Port of Los Angeles by Marcio Jose Sanchez/AP.
NEW YORK — Manufacturers see the Trump administration’s trade policies as a bigger challenge than the economy. That’s one of the findings of a quarterly survey by the National Association of Manufacturers.
June 24, 2019