Tag: economy
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As small businesses await new US aid, it’s too late for some
Sarah Trubnick is starting to make peace with a gut-wrenching reality: She may never reopen The Barrel Room, her beloved 5-year-old restaurant in San Francisco’s financial district. The sweeping $900 billion pandemic relief package that Congress has approved contains billions in aid directed specifically at struggling small businesses like Trubnick’s.
House passes $900 billion COVID relief, catchall measure
The House easily passed a $900 billion pandemic relief package Monday night that would finally deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths.
Negotiators report progress on long-delayed COVID aid bill
Top negotiators reported at least some progress on a long-delayed COVID-19 aid package Tuesday after a rare meeting of Capitol Hill's four most senior lawmakers. The quartet, including House Speaker Nancy Pelosi and top Senate Republican Mitch McConnell, said they would reconvene Tuesday night in hopes of sealing an agreement soon.
From restaurants to retailers, virus transformed economies
When the viral pandemic erupted in March, employees of the small insurance firm Thimble fled their Manhattan offices. CEO Jay Bregman planned to call them back soon — as soon as New York was safe again.
New White House offer adds $600 checks to COVID-19 relief
The Trump administration dove back into Capitol Hill's confusing COVID-19 negotiations on Tuesday, offering a $916 billion package to House Speaker Nancy Pelosi that would send a $600 direct payment to most Americans — but eliminate a $300 per week employment benefit favored by a bipartisan group of Senate negotiators.
