Washington DC, April 3, 2020 - Family-owned restaurants fear they could be pitted against larger competitors, hotel chains and potentially investment funds in a...

U.S. small businesses wait impatiently for government aid that could be slow to come

April 1, 2020

New York-Washington DC, April 1, 2020- As soon as New York officials began detailing their response to the coronavirus, Matt Preis knew his staff...

Trump wants Congress to restore full tax deduction for meals, entertainment

March 29, 2020

Washington DC, Mar 29, 2020 - President Donald Trump called on Congress Sunday to restore the full tax deduction for meals and entertainment in...

U.S. Congress, negotiators reach deal on $2-trillion coronavirus aid package

March 25, 2020

Washington DC, March 25, 2020 - U.S. senators and Trump administration officials have reached an agreement on a massive economic stimulus bill to alleviate...

Trump suggests he may scale back closures soon despite worsening coronavirus outbreak

March 24, 2020

Washington DC, March 24, 2020 - President Donald Trump said on Monday he is considering how to reopen the U.S. economy when a 15-day...

Fed mounts aggressive new steps to combat coronavirus hit to economy

March 23, 2020

Washington DC, March 23, 2020 - The U.S. Federal Reserve on Monday said it would begin backstopping an unprecedented range of credit for households,...

Singapore Air’s ‘greatest challenge’ prompts cuts affecting 10,000 staff

March 23, 2020

Singapore, March 23, 2020 - Singapore Airlines (SIA) will cut capacity by 96%, ground almost its entire fleet and impose cost cuts affecting about...