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California man charged with using COVID loans to buy Ferrari

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IRVINE, Calif. — A Southern California man has pleaded not guilty to charges he obtained $5 million in federal coronavirus-relief loans for phony businesses...

Small business COVID-19 relief program runs out of money

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NEW YORK — The government’s key COVID-19 relief program for small businesses has run out of money. ...

Restaurant survival hopes pick up as $28.6B in grants begin

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NEW YORK — Thousands of restaurants and bars decimated by the COVID-19 outbreak have a better chance at survival as the government begins handing...

Millennial Money: Shopping small makes a big impact

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I get it. It’s easy to shop on Amazon. Running low on toilet paper? Need lightbulbs? Want a bath caddy on a whim? With...

Millennial Money: Changing the face of the cannabis industry

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Cannabis businesses have transformed from clandestine ventures to glossy lifestyle brands in a matter of years, thanks to an evolving regulatory and business landscape....

Senate votes to extend small biz loan program for 2 months

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WASHINGTON — The Senate passed a bill 92-7 on Thursday to extend the deadline for business owners to apply for forgivable loans through the...

Corporations become unlikely financiers of racial equity

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In the months since the police killing of George Floyd sparked a racial reckoning in the United States, American corporations have emerged as an...

Senate confirms Isabel Guzman to lead small biz agency

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WASHINGTON — The Senate on Tuesday overwhelmingly approved President Joe Biden's pick to oversee the Small Business Administration, an agency that has seen its...

Millennial Money: 3 ways COVID-19 reshuffled our finances

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The U.S. economy ground to a halt in March 2020 as state after state issued lockdown orders and shut down businesses to blunt the...

Biden visits businesses to highlight changes to loan program

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WASHINGTON — President Joe Biden visited a hardware store in the nation’s capital Tuesday to highlight changes he made to the Paycheck Protection Program...