Apr 15, 2020
A key feature of the recently passed $2 trillion stimulus package, also known as the CARES act, is the Paycheck Protection Program, which is a Small Business Administration (SBA) fully guaranteed loan program designed to provide a direct incentive for small businesses to keep their workers on the payroll....
Apr 11, 2020
The coronavirus pandemic has upended American capitalism and forced the Federal Reserve to take drastic steps to keep money flowing throughout the financial system. The Fed has dusted off its 2007-09 financial crisis playbook and expanded it with unprecedented lending facilities that target corporate America directly....