Relief news and trends

Republicans Reject Second Stimulus Bill
Coronavirus // May 20, 2020

Congressional Republican leaders say they will study the impact of the $2.2 trillion CARES Act before giving the green light to any new COVID-19 stimulus spending, Reuters reported. “We need to assess what we’ve already done, take a look at what worked and what didn’t...

Pelosi, House Look To Overhaul SMB PPP Relief Loans
Loans // May 20, 2020

Businesses struggling to stay afloat amid the coronavirus pandemic but shut out of stimulus programs could see renewed relief as Speaker Nancy Pelosi (D-Calif.) and the House move to rework the Paycheck Protection Program (PPP).  The strict conditions of the forgivable PPP loans ended up...

GOP Says Wait On More Bailout Money
Coronavirus // May 14, 2020

The Republicans are in no hurry to do another COVID-19 bailout. On Tuesday (May 12), PYMNTS reported that House Speaker Nancy Pelosi proposed a $3 trillion spending package for more coronavirus aid. The 1,800-page measure provides more money for Americans impacted by the shutdown. But Republicans...

Stimulus Relief Checks: Less Spending, More Saving
Economy // April 28, 2020

Starting last week, the COVID-19 stimulus funds began hitting the bank accounts of citizens nationwide. All in, the $290 billion program – part of the $ 2 trillion CARES Act that was passed earlier this month – will send $1,200 per adult and $500 per child...

Interviews & Exclusives
Stimulus Relief Checks: Less Spending, More Saving

April 28, 2020
Starting last week, the COVID-19 stimulus funds began hitting the bank accounts of citizens nationwide. All in, the $290 billion program – part of the $ 2 trillion CARES Act that was passed earlier this month – will send $1,200 per adult and $500 per child to the vast majority of working- and middle-class U.S. households.  […]

What We’ve Learned Watching Uncle Sam Disburse $2T In Stimulus Payments

April 22, 2020
The unprecedented $2 trillion stimulus package pushed forward a little over a month ago was no doubt created and passed with the best of all possible intentions. After all, no...

Quick Reads
Uber Assisted Nearly 50K Workers With $19M During Pandemic

May 21, 2020
Uber said it has so far spent $19 million assisting almost 50,000 drivers and food delivery couriers who came down with the coronavirus or were forced to self-quarantine. In addition, some 450,000 workers received personal protection equipment (PPE). Some $50 million was allocated globally to provide PPE for its drivers and delivery people, Uber said […]

Republicans Reject Second Stimulus Bill

May 20, 2020
Congressional Republican leaders say they will study the impact of the $2.2 trillion CARES Act before giving the green light to any new COVID-19 stimulus spending, Reuters reported. “We need...

Pelosi, House Look To Overhaul SMB PPP Relief Loans

May 20, 2020
Businesses struggling to stay afloat amid the coronavirus pandemic but shut out of stimulus programs could see renewed relief as Speaker Nancy Pelosi (D-Calif.) and the House move to rework...

GOP Says Wait On More Bailout Money

May 14, 2020
The Republicans are in no hurry to do another COVID-19 bailout. On Tuesday (May 12), PYMNTS reported that House Speaker Nancy Pelosi proposed a $3 trillion spending package for more...