CARES Act

The COVID-19 pandemic hit businesses and consumers with job cuts, layoffs and business closings. The impact continues to be felt today with higher inflation and a tight job market coming after the pandemic. To help mitigate the impact of the pandemic, the U.S. government sent out several stimulus...

The COVID-19 pandemic hit businesses and consumers with items like business closings, job cuts and layoffs. The aftershocks continue today, with higher inflation and a tight job market coming on the back end of the pandemic. The U.S. government gave out several stimulus payments during the height...

In 2020, the Coronavirus Aid, Relief and Economic Act provided payments of $1,200 to eligible adults and another $500 for those with qualifying children. The CARES Act was the first of three rounds of stimulus payments for Americans since March 2020. The Tax Relief Act of 2020 in December 2020...

In 2020, the Coronavirus Aid, Relief and Economic Act provided payments of $1,200 to eligible adults and another $500 for those with qualifying children. The CARES Act was the first of three rounds of stimulus payments for Americans since March 2020. The Tax Relief Act of 2020 in December declared...

Shippers faced many challenges in 2020, and COVID-19 was just one. One ship lost thousands of containers, investors fled shipping stocks early in the year, and airlines faced uncertainty with different strategies. The American Shipper Top 10 stories of the year are chosen by you, the reader,...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. After months of legislative litigation and partisan bickering, Congress seems to have finally passed a new $900 billion relief package...

In a largely uncontentious commission hearing Thursday over the national security loan program, Treasury Secretary Steven Mnuchin acknowledged the $700 million loan made to less-than-truckload carrier YRC Worldwide (NASDAQ: YRCW) was "risky" and one that he would have not made. Facing questions...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The final weeks of 2020 are upon us, though the end of the troubled year may be of little consolation to the nation’s small business...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. With the Holiday season underway, most small businesses should be well into their busiest and most profitable period. Unfortunately, this...

The rationale behind the $700 million pandemic-relief loan made to less-than-truckload (LTL) carrier YRC Worldwide (NASDAQ: YRCW) appears to be a likely topic during an upcoming congressional hearing on the national security loan program established under the Coronavirus Aid, Relief and Economic...

Atlas Air Worldwide Holdings (NASDQ: AAWW) last week reported an eightfold increase in adjusted net income and 25% more revenue in the third quarter compared to last year, but will not return $406 million in emergency coronavirus aid the U.S. government intended for financially battered airlines to...

On CNBC’s “Squawk Box” Thursday morning, Jim Cramer shared his thoughts on a potential stimulus deal, the drop in Fastly shares and earnings from this week. Cramer on Stimulus Deal: Shortly after Treasury Secretary Steven Mnuchin held an interview with CNBC, Jim Cramer shared his...

With Congress struggling to pass a second stimulus plan, Mark Cuban has doubled down on his plan from May to help provide relief to those who need it and help stimulate the economy. Cuban’s Plan: Cuban, who is also the owner of the NBA’s Dallas Mavericks, is calling for $1,000 stimulus...

The Bureau of Labor and Statistics recently released a report studying the receipt and use of stimulus payments in the time of the COVID-19 pandemic, digging into understanding how Americans who received federal stimulus from the CARES Act spent these funds. This report was conducted by adding...

On July 31, additional federal unemployment insurance came to an end, affecting the finances of millions of Americans Despite what some skeptics assume, there is little evidence that increased unemployment insurance discourages people from working.  Congress has yet to decide whether...