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More prospective new businesses were formed in 2020 than ever before
A Bloomberg report found a new highest annual total for the number of prospective new businesses fi…
Juliana Kaplan
'That's how capitalism works': Shark Tank investor says a portion of small businesses are going to die and the government can do nothing to stop it
Kevin O'Leary said he expects 20% of small businesses in sectors like travel, food, and entertainme…
Emily Graffeo
The pandemic may have caused 200,000 business closures - fewer than expected
Fed economists said small-businesses closures in the past year were lower than expected, as governm…
Ayelet Sheffey
Black business owners face longer path to recovery and greater need for stimulus, Goldman Sachs survey finds
Black business owners face a greater risk of laying off employees and depleting cash reserves if Co…
Ben Winck
Private jet companies scored a pile of federal aid meant for airlines and small businesses, boosting the industry as other sectors collapsed
Private jet companies received $666 million in CARES Act funds, carrying the industry through the s…
David Slotnick
House passes bill to extend PPP small business aid for 2 months
The bill extends the small business lending program through May 31 while allowing loan applications…
Ayelet Sheffey
Biden signs PPP small-business aid extension into law one day before it was set to expire
Small businesses can now apply for aid from the Paycheck Protection Program through May 31, and app…
Ayelet Sheffey
57% of US small businesses are now fully operating as the country begins to reopen, report finds
The level of small business reopening found by Kabbage is party due to a pandemic shift to digital …
Ayelet Sheffey
Democrats propose $50 billion in small business aid as part of larger pandemic relief plan
The House Small Business Committee bill included $25 billion for restaurant aid and $7.5 billion in…
Ayelet Sheffey
Fed extends small business aid lending program by 3 months
The Paycheck Protection Program itself is expiring March 31, but its liquidity facility will run th…
Ayelet Sheffey
Unemployment diary: I'm a 36-year-old massage therapist in Illinois who's been out of work since March
"To find out that I have to pay back all unemployment aid puts me and my child in a very difficult …
Business Insider
Senate votes to extend PPP through May, continuing aid for small businesses
Along with a two-month extension, the bill allows for applications to the small business aid progra…
Ayelet Sheffey
80% of adults want Biden to act fast on small business aid and stimulus checks, new survey finds
A survey conducted by Morning Consult found that four out of five of adults want Biden to take prom…
Ayelet Sheffey
At least 4 members of Congress benefited from loans under the $670 billion small business aid program
Treasury Secretary Mnuchin is also facing pressure to reveal more details about where the small bus…
Joseph Zeballos-Roig
The Small Business Administration says it's loosening payroll restrictions to allow partial loan forgiveness under PPP small business aid program
The SBA now says 60% of the forgiven loan amount should go towards worker paychecks, which would en…
Joseph Zeballos-Roig
Congress just approved more funding for struggling small businesses. Here's what's different this time around.
The latest stimulus package includes $325 billion for small businesses, including a fresh round of …
Jennifer Ortakales Dawkins
'We're done providing free money from the sky': Shark Tank investor Kevin O'Leary says next stimulus should not include any aid to businesses
O'Leary told CNBC the next stimulus should include unemployment insurance but "zero PPP" aid to bus…
Emily Graffeo
Facebook is strengthening its India investments – partners with VCs to aid small businesses
Facebook India announced a VC Brand Incubator Program where it is partnering with venture capital f…
Trump signs $484 billion relief bill to aid small businesses, hospitals
US President Donald Trump has signed into law a $484 billion relief package to boost funding for sm…
Around half of all US workers can earn better pay collecting unemployment than getting regular salaries from their current jobs
Labor experts said the generous benefits are helping achieve a key goal: keeping workers at home to…