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April 5, 2020
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Steven Mnuchin

CNBC Business

US airlines start applying for grants and will negotiate equity stakes

CNBC
CNBC – For more and to sign up click here American Airlines passenger planes crowd a runway where they are parked due to flight reductions to slow the spread of coronavirus disease (COVID-19), at Tulsa International Airport in Tulsa, Oklahoma, U.S. March 23, 2020. Nick Oxford | REUTERS U.S. airlines......
CNBC Business

Trump to ban export of protective gear after slamming 3M

CNBC
CNBC – For more and to sign up click here President Donald Trump speaks during a Coronavirus Task Force news conference at the White House in Washington, D.C., on Thursday, April 2, 2020. Kevin Dietsch | UPI | Bloomberg via Getty Images President Donald Trump said Friday that he will......
CNBC Business

Bank of America’s small business loan portal is up

CNBC
CNBC – For more and to sign up click here Bank of America said Friday it is now capable of accepting online applications for the government’s $350 billion small business relief program, becoming the first major bank to do so.  As of mid-morning New York time, none of the websites of......
CNBC Business

5 things to know before the stock market opens April 3, 2020

CNBC
CNBC – For more and to sign up click here 1. Dow set for drop at Friday’s open and weekly loss A woman wearing a protective mask walks past the New York Stock Exchange on March 12, 2020. in New York City. Pablo Monsalve | VIEWpress | Corbis via Getty......
New York Post

Some people may not get stimulus checks until August: memo

NYPost
New York Post – For more and to sign up click here WASHINGTON — The federal government expects to begin making payments to millions of Americans under the new stimulus law in mid-April, but some people without direct deposit information may not get checks until mid-August or later, according to......
CNBC Business

Dire feelings on Main Street on eve of small business lending program launch

CNBC
CNBC – For more and to sign up click here As small business owners await a much-needed lifeline Friday in the form of a massive expansion of the Small Business Administration’s 7(a) lending program, new data show just how dire the situation is for Main Street as questions circulate about......
CNBC Business

JPMorgan says it’s not ready for small business loan applications

CNBC
CNBC – For more and to sign up click here A few hours before the expected launch of a federal program to dole out at least $350 billion in loans to small businesses struggling amid the coronavirus pandemic, none of the participating banks interviewed by CNBC were sure they’d be......
CNBC Business

Nancy Pelosi unveils new committee to oversee White House

CNBC
CNBC – For more and to sign up click here US House Speaker Nancy Pelosi speaks with reporters during her weekly press conference at the US Capitol March 26, 2020, in Washington, DC. Alex Edelman | AFP | Getty Images House Speaker Nancy Pelosi on Thursday announced a new House......
CNBC Business

Social Security recipients don’t need tax returns to get relief checks

CNBC
CNBC – For more and to sign up click here shot of social security card Kameleon007 People who receive Social Security benefits and who do not submit tax returns will not have to file in order to get a government stimulus check. The announcement by the Treasury Department and Internal......
CNBC Business

Nancy Pelosi proposes infrastructure bill

CNBC
CNBC – For more and to sign up click here U.S. House Speaker Nancy Pelosi, a Democrat from California, speaks to members to the media after participating in a signing ceremony of H.R. 748, Coronavirus Aid, Relief, and Economic Security (CARES) Act, alongside congressional leadership in the Rayburn Room of......
CNBC Business

Citigroup CEO says bank is ‘working around the clock’ on small business relief

CNBC
CNBC – For more and to sign up click here Citigroup CEO Michael Corbat said the bank is “working around the clock” on an online portal for the new $350 billion small business relief program. The program, which Treasury Secretary Steven Mnuchin has said will be up on Friday, is meant to......
CNBC Business

Mnuchin says he’s having ongoing discussions about infrastructure

CNBC
CNBC – For more and to sign up click here Treasury Secretary Steven Mnuchin told CNBC on Wednesday he is talking with Congress about a potential infrastructure bill that would help boost the coronavirus-battered economy. “As you know, the president has been very interested in infrastructure. This goes back to the......
CNBC Business

HSBC, Standard Chartered shares fall

CNBC
CNBC – For more and to sign up click here This is a live blog. Please check back for updates. Global cases: More than 856,900 Global deaths: At least 42,081 Top 5 countries: United States (187,919), Italy (105,792), Spain (95,923), China (82,278), and Germany (71,808) The data above was compiled......
CNBC Business

answers to your most pressing questions

CNBC
CNBC – For more and to sign up click here NoDerog | E+ | Getty Images Those government stimulus checks should be on their way soon to millions of Americans. Many people have still have a lot of questions about them. Last week, Washington lawmakers approved a $2 trillion relief......
New York Post

Americans will begin to see $1,200 checks ‘within three weeks’

NYPost
New York Post – For more and to sign up click here Treasury Secretary Steven Mnuchin said eligible Americans will receive direct-deposit payments as part of the $2.2 trillion rescue bill “within three weeks.” “We expect that within three weeks, that people who have direct deposit with information with us......
CNBC Business

Trump pushes back against congressional oversight for $500 billion bailout fund

CNBC
CNBC – For more and to sign up click here Treasury Secretary Steven Mnuchin and President Donald Trump attend briefing about the coronavirus outbreak in the press briefing room at the White House on March 17, 2020 in Washington, DC. The Trump administration is considering an $850 billion stimulus package......
CNBC Business

Trump told Pence not to call Washington, Michigan governors

CNBC
CNBC – For more and to sign up click here U.S. President Donald Trump speaks during a Coronavirus Task Force news conference in the briefing room of the White House in Washington, D.C., U.S., on Monday, March 23, 2020. Chris Kleponis | Bloomberg | Getty Images President Donald Trump said......
CNBC Business

Bailout could exclude Carnival, Norwegian, Royal Caribbean cruise lines

CNBC
CNBC – For more and to sign up click here Cruise lines are among the businesses that have suffered the most fallout from the coronavirus outbreak. And the major ones could get left out of the bailout fund included in the $2 trillion stimulus bill the Senate passed Wednesday night.......
CNBC Business

Trump will hear options this weekend on plan to reopen economy

CNBC
CNBC – For more and to sign up click here President Donald Trump speaks during a press conference on the COVID-19, coronavirus, outbreak flanked by US Vice President Mike Pence at the White House in Washington, DC on March 25, 2020. Mandel Ngan | AFP | Getty Images President Donald......
CNBC Business

Coronavirus stimulus checks will come within three weeks, Mnuchin says

CNBC
CNBC – For more and to sign up click here Treasury Secretary Steven Mnuchin said Thursday that people will start getting relief checks within three weeks, as the country reels from the coronavirus pandemic. Mnuchin spoke to CNBC the morning after the Senate passed a $2 trillion stimulus package intended......

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