Personal Finance

Business owners who received a forgivable loan through the Paycheck Protection Program are likely getting more leeway on how to spend those funds.   The Senate passed legislation Wednesday night that restructures how entrepreneurs can use loans issued through a new federal relief program for small businesses ailing from the economic contagion unleashed by the coronavirus
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For scammers, it’s open season on your stimulus checks. Bolster, a fraud prevention company, turned up more than 145,000 suspicious domain registrations with the term “stimulus check,” according to the firm’s first-quarter analysis of phishing and online fraud. The federal government has issued more than 152 million so-called Economic Impact Payments to individuals, totaling $257.9
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A House bill with bipartisan support would allow 2020 college graduates to postpone their student loan payments for three years without interest accruing.  Meanwhile, Sen. Mitt Romney, R-Utah, has introduced legislation in the Senate that would do the same.  “Students graduating from college this year are suddenly facing significant hurdles entering the workforce,” Romney said
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Medical workers transport a patient outside a special Covid-19 area at Maimonides Medical Center in Brooklyn, New York, on May 17. Johannes Eisele | Getty Images If you’re collecting more on unemployment than what you earned while working, it could affect how much you pay for health insurance. For households that bought coverage through one
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SDI Productions Americans could use a financial boost. How to get that money into people’s hands has been a hot topic of debate. Democrats have proposed expanding unemployment insurance and giving Americans as much as $2,000 per month to get back on their feet. Meanwhile, one Republican proposal has called for giving Americans $11,000 now in
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Hispanolistic Over 152 million stimulus checks have been issued to individuals over the last six weeks, according to data from the U.S. Treasury Department and Internal Revenue Service. In all, the agencies have distributed $257.9 billion in Economic Impact Payments. Uncle Sam began depositing the funds into taxpayers’ bank accounts in mid-April. The average payment came
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