Larry Kudlow, director of the U.S. National Economic Council, speaks to members of the media at the White House in Washington, D.C., U.S., on Monday, April 6, 2020. Stefani Reynolds | Bloomberg | Getty Images National Economic Council Director Larry Kudlow on Sunday said the White House has made no decision on providing further funding
Small Business
When the coronavirus hit, small business owners were forced to navigate new territory and make difficult decisions – fully moving operations online, reducing staff or quickly creating new revenue streams. Latino entrepreneurs are among the majority of small business owners directly impacted by the economic fallout from COVID-19. According to a survey conducted online in late
Over 90 years ago, Frank Gargiulo opened a business selling fruits and vegetables door to door. Now Gargiulo Produce is based in a warehouse in Hillside, New Jersey, and in its fourth generation of family ownership. It sells food by the truckloads to companies all along the East Coast and to cruise ships that travel
Owner Mark Cuban of the Dallas Mavericks reacts prior to the game against the Philadelphia 76ers at the Wells Fargo Center on December 20, 2019 in Philadelphia, Pennsylvania. Mitchell Leff | Getty Images Small businesses should apply to multiple banks in order to boost their chances of receiving a loan through the Paycheck Protection Program,
Mark Cuban told CNBC on Friday he believes small businesses in Texas face numerous challenges in trying to reopen safely and effectively during the coronavirus pandemic. “There’s all these downstream issues that really haven’t been addressed yet, and small businesses haven’t been provided the support they need to actually get open,” said the Dallas Mavericks owner and
Anyone questioning their talents or abilities when embarking on a new career can take solace in this fact: even future Hall-of-Famers have doubts. That includes Terrell Davis, the former Denver Broncos star running back and NFL MVP, who won two Super Bowls in the 1990s. Davis, who was inducted into the NFL Hall of Fame
Large companies that received money from the small business loan program are not to blame, according to former TARP watchdog Neil Barofsky. “You have to go back to the design of the program itself,” Barofsky told CNBC on Thursday. “I mean, Congress went out of its way to carve out businesses that have more than 500
Phynart Studio Prior to the Covid-19 pandemic, an astounding 53% of the American population felt anxious about personal finances. Undoubtedly, that percentage has grown significantly, with more than 26 million Americans becoming unemployed since then. The statistics are alarming, but it is not time to panic — it’s time to plan. Although many financial plans
Subway CEO John Chidsey on Wednesday defended the company’s franchisees who applied for small business loans to help offset the economic impacts from the coronavirus pandemic. “We literally have 10,700 franchisees in the U.S., and on average they own two restaurants apiece,” Chidsey said on CNBC’s “Squawk on the Street.” “We are the ultimate mom-and-pop, if
1. Dow set to start higher after last week’s drop U.S. stock futures were pointing to an over 200-point gain for the Dow Jones Industrial Average at Monday’s open as investors assessed the possibility of reopening the economy after the coronavirus outbreak. On Sunday, Democratic New York Gov. Andrew Cuomo said the state plans to
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