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FILE - In this May 3, 2020, file photo, light shines from inside the U.S. Capitol dome at dusk on Capitol Hill in Washington. (AP Photo/Patrick Semansky)
1010 WINS Newsroom
June 03, 2020 - 6:07 pm
WASHINGTON (AP) — A widely supported bill to refine a payroll subsidy program for businesses struggling during the COVID-19 pandemic could soon be on its way to getting signed into law by President Donald Trump despite hitting a speed bump in the Senate on Wednesday. The legislation would give...
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FILE - In this April 29, 2020 file photo, a man walks past a closed business in Shaker Heights, Ohio. Many people consider the Paycheck Protection Program that promised nearly $670 billion in forgivable loans to help companies rehire laid-off workers to already be a success because millions of businesses have gotten the money. But owners and business groups have said loans weren’t getting to companies most in need and it wasn’t arriving fast enough. (AP Photo/Tony Dejak, File)
1010 WINS Newsroom
May 07, 2020 - 4:52 pm
NEW YORK (AP) — The Trump administration has dispensed about $530 billion to millions of small businesses to cushion them from the sharp downturn induced by the coronavirus. The question is: how effective will the Paycheck Protection Program be? Some small business owners say the program’s low-cost...
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President Donald Trump pauses while speaking about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 23, 2020, in Washington. (AP Photo/Alex Brandon)
1010 WINS Newsroom
April 24, 2020 - 6:42 am
WASHINGTON (AP) — President Donald Trump will be holding a signing ceremony Friday for a bill providing a nearly $500 billion infusion of coronavirus spending, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one...
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Together Omaha food pantry workers load supplies into a vehicle driving up to the pantry in Omaha, Neb., Thursday, April 23, 2020. The number of Nebraska residents seeking unemployment benefits for the first time dropped again last week but is still far higher than usual as businesses struggle with the fallout from the coronavirus. The state received 12,340 new unemployment claims during the week that ended April 18, according to the U.S. Department of Labor. (AP Photo/Nati Harnik)
1010 WINS Newsroom
April 23, 2020 - 8:25 pm
NEW YORK (AP) — Unemployment in the U.S. is swelling to levels last seen during the Great Depression of the 1930s, with 1 in 6 American workers thrown out of a job by the coronavirus, according to new data released Thursday. In response to the deepening economic crisis, the House passed a nearly $...
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In this image from video, House Speaker Nancy Pelosi of Calif., speaks on the floor of the House of Representatives at the U.S. Capitol in Washington, Thursday, April 23, 2020. (House Television via AP)
1010 WINS Newsroom
April 23, 2020 - 6:14 pm
WASHINGTON (AP) — Congress delivered a nearly $500 billion infusion of coronavirus spending Thursday, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs. The measure passed almost unanimously,...
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Senate Majority Leader Mitch McConnell of Ky., speaks with reporters after the Senate approved a nearly $500 billion coronavirus aid bill, Tuesday, April 21, 2020, on Capitol Hill in Washington. (AP Photo/Patrick Semansky)
1010 WINS Newsroom
April 22, 2020 - 7:15 pm
WASHINGTON (AP) — Congress is on the verge of passing an almost $500 billion coronavirus relief bill, but battle lines already are forming over the next measure amid growing demands to approve additional billions for state and local governments, the Postal Service and even infrastructure. The talk...
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House Speaker Nancy Pelosi of Calif., speaks with reporters alongside Senate Minority Leader Sen. Chuck Schumer of N.Y. after the Senate approved a nearly $500 billion coronavirus aid bill, Tuesday, April 21, 2020, on Capitol Hill in Washington. (AP Photo/Patrick Semansky)
1010 WINS Newsroom
April 21, 2020 - 6:49 pm
WASHINGTON (AP) — A $483 billion coronavirus aid package flew through the Senate on Tuesday after Congress and the White House reached a deal to replenish a small-business payroll fund and provided new money for hospitals and testing. Passage was swift and unanimous, despite opposition from...
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FILE - In this April 13, 2020, file photo President Donald Trump listens as Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room at the White House in Washington. The Trump administration and Congress are nearing an agreement as early as Sunday, April 19, on a $400-plus billion aid package to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. (AP Photo/Alex Brandon, File)
1010 WINS Newsroom
April 20, 2020 - 9:55 pm
WASHINGTON (AP) — Late-stage negotiations in Washington on a new $450 billion coronavirus aid package dragged past Monday's hoped-for deadline, but the Trump administration and key lawmakers insisted a final pact is within reach. President Donald Trump said he expects a Senate vote “hopefully" on...
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FILE - In this April 13, 2020, file photo President Donald Trump listens as Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Press Briefing Room at the White House in Washington. The Trump administration and Congress are nearing an agreement as early as Sunday, April 19, on a $400-plus billion aid package to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. (AP Photo/Alex Brandon, File)
1010 WINS Newsroom
April 19, 2020 - 7:07 pm
WASHINGTON (AP) — 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 that has run out of money and add funds for hospitals and COVID-19 testing. President Donald Trump said Sunday, “We're getting close to a...
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A jogger runs past Rococo, a clothing store, Thursday, April 16, 2020, in Birmingham, Mich. The government's lending program for small businesses is on hold. The Small Business Administration said Thursday that it reached the $349 billion lending limit for the program, after approving nearly 1.7 million loans. (AP Photo/Carlos Osorio)
1010 WINS Newsroom
April 16, 2020 - 6:37 pm
NEW YORK (AP) — The government’s lending program for small businesses is tapped out, leaving business owners who still need loans waiting for Congress to approve more funding. The Small Business Administration said Thursday that it reached the $349 billion lending limit for the program, after...
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