The Wall Street Journal reported that the Federal Reserve is working with the Treasury to create a new program designed to finance the loans that lenders make through the emergency small business lending program. read more

APR 7, 2020 - 7:00 am

The Wall Street Journal reported that the senate passed a $2 trillion package designed to provide economic stimulus in response to the coronavirus pandemic. read more

MAR 26, 2020 - 7:00 am

The Wall Street Journal reported that as U.S. bankers prepare for their annual stress tests, many are realizing that the impact of COVID-19 is far worse. read more

MAR 25, 2020 - 6:55 am

A just-released national study found that 69% of U.S. small businesses have already experienced a large drop in demand due to the coronavirus pandemic and 60% believe demand will continue to decline. read more

MAR 25, 2020 - 6:35 am

The Wall Street Journal reported that U.S. airlines are planning to voluntarily shutdown most domestic passenger flights, according to officials from the industry and government. read more

MAR 24, 2020 - 6:55 am

Bloomberg reported that the Federal Reserve has more tricks up its sleeve to respond to the economic impact of the coronavirus, according to a Fed official. read more

MAR 23, 2020 - 6:35 am

The Federal Reserve has increased its response to COVID-19, issuing its second rate cut this month and reducing reserve requirements ratios to 0%. Central banks announced coordinated action to enhance the liquidity of the U.S. dollar. read more

MAR 16, 2020 - 6:55 am

The Wall Street Journal reported that the U.S. stock market experienced its worst day on record since 1987 despite a move by the Federal Reserve to add $1.5 trillion to the market to curb “ominous” market activity. read more

MAR 13, 2020 - 6:55 am

The Wall Street Journal reported that the free fall of oil prices will send shockwaves through “everything,” potentially impacting financial institutions, private equity firms and manufacturers. read more

MAR 10, 2020 - 5:50 am

The Wall Street Journal reported that the Fed’s emergency rate cut “took a direct hit” to banks and insurers. read more

MAR 4, 2020 - 6:00 am

The continued worldwide spread of COVID-19 may weaken the U.S. dollar over the long run by impelling multinational corporates and foreign investors in the U.S. to repatriate money back to their home countries. read more

MAR 4, 2020 - 5:40 am

The coronavirus Covid-19 presents the global economy with its greatest danger since the financial crisis, according to the OECD’s latest Interim Economic Outlook. read more

MAR 2, 2020 - 7:00 am

The Equipment Leasing and Finance Association’s MLFI-25 showed new business volume for January was $9.2 billion, up 28% year-over-year. read more

FEB 26, 2020 - 6:55 am

The QuickBridge Small Business Owner Survey found that despite lingering fears of a possible economic slowdown, most small businesses remain optimistic about the U.S. economy and their business prospects in 2020. read more

FEB 20, 2020 - 6:45 am

The latest Wells Fargo/Gallup Small Business Index survey showed that most business owners have a positive outlook on their financial situation and plan to use digital marketing to attract new customers. read more

FEB 7, 2020 - 6:45 am