Small business financing

Federal Reserve Chairman Jerome Powell fist bumps Treasury Secretary Steven Mnuchin after a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020. (Greg Nash/Pool via AP)
December 02, 2020 - 12:59 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin urged Congress to approve COVID-19 relief funds without further delay, though Democrats continued to attack a decision by Mnuchin to allow five Fed lending programs to expire during the pandemic. In his...
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A woman wearing a face mask to protect against the coronavirus walks past a propaganda billboard with the characters for "culture" in Beijing, Friday, Nov. 20, 2020. (AP Photo/Mark Schiefelbein)
November 20, 2020 - 11:42 pm
BEIJING — China is starting mass testing on 3 million people in a section of the northern city of Tianjin and has tested 4,015 others in a hospital in Shanghai after the discovery of a pair of cases there. The National Health Commission recorded seven new domestically transmitted cases Saturday,...
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Natalia Méndez cooks in the kitchen of La Morada, an award winning Mexican restaurant she co-owns with her family in South Bronx, Wednesday Oct. 28, 2020, in New York. After recovering from COVID-19 symptoms, the family raised funds to reopen the restaurant, which they also turned into a soup kitchen serving 650 meals daily. (AP Photo/Bebeto Matthews)
November 12, 2020 - 9:00 am
NEW YORK (AP) — The special dish at La Morada, a small Mexican restaurant in the Bronx, varies from day to day: Perhaps it’s enfrijoladas, handmade tortillas covered with black bean sauce and pico de gallo. Or beef with a side salad. One thing doesn’t change: It’s free. The family-run restaurant,...
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FILE - In this Aug. 16, 2019, file photo, the logo for JPMorgan Chase & Co. appears above a trading post on the floor of the New York Stock Exchange in New York. JPMorgan Chase said Thursday, Oct. 8, 2020 it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what the bank calls “systemic racism” in the country’s economic system. (AP Photo/Richard Drew, File)
October 08, 2020 - 5:20 pm
CHARLOTTE, N.C. (AP) — JPMorgan Chase said Thursday it will extend billions in loans to Black and Latino homebuyers and small business owners in an expanded effort toward fixing what the bank calls “systemic racism” in the country’s economic system. The New York bank said it is committing $30...
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October 06, 2020 - 6:52 pm
LOS ANGELES (AP) — “Shark Tank” veteran Daymond John will host a live-streamed special aimed at bolstering Black entrepreneurship, with Shaquille O’Neal, Gabrielle Union and Jamie Foxx set to participate. “Black Entrepreneurs Day” is aimed at providing “guidance and inspiration to the next...
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Iguehi James, an Oakland, Calif., fashion entrepreneur, holds a face mask she designed for her apparel company Love Iguehi on Tuesday, Sept. 15, 2020. She received a $5,000 grant from the Oakland African American Chamber of Commerce's "Resiliency Fund," which seeks to help Black-owned businesses stay afloat during the coronavirus pandemic. (AP Photo/Terry Chea)
September 29, 2020 - 12:01 am
SAN FRANCISCO (AP) — The modest cash grant Iguehi James received from the Oakland African American Chamber of Commerce helped the clothing designer defray costs, including surge prices on elastic and fabric that jumped dramatically due to the pandemic. The application process was simple and she...
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September 08, 2020 - 4:17 pm
NEW YORK (AP) — JPMorgan Chase said Tuesday that a number of its employees and customers may have abused the Paycheck Protection Program and other coronavirus stimulus programs. The New York-based bank said it is working with law enforcement in some cases, although in a memo sent to employees it...
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Treasury Secretary Steven Mnuchin testifies before the House Select Subcommittee on the Coronavirus Crisis, during a hybrid hearing, Tuesday, Sept. 1, 2020, on Capitol Hill in Washington. (Graeme Jennings/Pool via AP)
September 01, 2020 - 8:15 pm
WASHINGTON (AP) — Pressed by Democrats to quickly negotiate a new coronavirus relief package, Treasury Secretary Steven Mnuchin said Tuesday the administration remains willing to work on a bipartisan agreement to help small businesses, the unemployed, children and schools. Democratic leaders in...
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Treasury Secretary Steven Mnuchin arrives for continued negotiations ahead of a meeting, Wednesday, Aug. 5, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
August 05, 2020 - 8:11 pm
WASHINGTON (AP) — After more than a week’s worth of meetings, at least some clarity is emerging in the bipartisan Washington talks on a huge COVID-19 response bill. Negotiators are still stuck, but still trying. A combative meeting Wednesday involving top Capitol Hill Democrats and the postmaster...
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FILE - In this July 13, 2020 file photo, a For Rent sign hangs on a closed shop during the coronavirus pandemic in Miami Beach, Fla. Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about the likelihood of any sustained recovery the rest of the year. (AP Photo/Lynne Sladky)
July 29, 2020 - 1:32 pm
WASHINGTON (AP) — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery the rest of the year. A huge plunge in consumer spending as people stayed home and avoided...
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