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Justice Dept Subpoenas Banks for SBA Loan Info; Fraud Inquiry Deepens

By: Jared Evan The Justice Department has sent grand jury subpoenas to big banks seeking records of small business loans, as part of a...

US retail sales Plunged a record 16% in April as Virus Hit

By JOSH BOAK and ANNE D'INNOCENZIO (AP) U.S. retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the...

Google Facing Onslaught of Antitrust Cases in US

 (AP) Federal and state regulators in the U.S. are preparing to file antitrust lawsuits alleging Google has abused its dominance of online search and...

Are Funds from the SBA “Paycheck Protection Program” Loans Really Reaching Businesses that Need it the Most?

By: Fern Sidman  The Coronavirus has not only permeated our lives, caused sudden deaths and has proven to substantially increase our anxiety levels, but...

Wall Street Journal: Economic Lockdown Is the ‘Catastrophe’

By Eric Mack (NEWSMAX) Those saying we had to sacrifice the economy to save lives have succeeded in only the former, according to The Wall Street...

U.S. News Stocks Rise on Hopes that Awful Jobs Report Marks the Bottom

By STAN CHOE and DAMIAN J. TROISE (A.P) Wall Street brushed off a record-breaking report of job losses and pushed higher Friday as investors reckoned...

FaceBook’s New Content Advisory Board Includes Muslim Brotherhood Supporter

Facebook formed an independent board, which will be able to overturn Facebook and its CEO Mark Zuckerberg’s decisions on whether individual pieces of content...

Bank HaPoalim Admits to Conspiring with US Taxpayers to Hiding Close to $8B in Overseas Accounts

Edited by: JV Staff Geoffrey S. Berman, the United States Attorney for the Southern District of New York, Jeffrey A. Rosen, the Deputy Attorney General...

J.Crew files for Chapter 11 as Pandemic Chokes Retail Sector

By ANNE D'INNOCENZIO (AP) Struggling fashion brand J.Crew has filed for bankruptcy protection, the first major retailer to do so since the coronavirus pandemic forced...

Confusion Clouds the Forgiveness Terms of PPP Loans

by Jared Evan Small business that received loans from the second round of the Small Business Administration’s Paycheck Protection Program still don’t know how much...

House Panel Wants Bezos To Testify In Antitrust Probe

(AP) House lawmakers investigating the market dominance of Big Tech are asking Amazon CEO Jeff Bezos to testify to address possible misleading statements by the...

Coronavirus Destroys Housing Boom

Sales of existing homes tumbled at the fastest rate in more than four years, the first signal of what’s to come during the crucial...

Trump says he’s close to a deal with Congress on virus aid

 The Trump administration and Congress are nearing an agreement on an aid package of up to $450 billion to boost a small-business loan program...

IMF head sees worst economic downturn since Great Depression

by MARTIN CRUTSINGER (AP) — The coronavirus pandemic will push the global economy into the deepest recession since the Great Depression, with the world's poorest countries...

Stocks Rise as Traders See Hopeful Signs on Opening Economy

(Associated Press) Stocks moved mostly higher on Wall Street Tuesday as investors reviewed earnings reports from big companies and welcomed signs that government officials...

Trading Stocks at The Four Seasons in Palm Beach During Coronavirus

The New York Stock Exchange trading floor is shut down, and Wall Street's financial services industry has largely moved online. Citadel Securities however came up with...

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