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Loan program is short-term fix, not cure-all, for businesses

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 ...

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33 million have sought US unemployment aid since virus hit

Nearly 3.2 million laid-off workers applied for unemployment benefits last week as the business shutdowns caused by the viral outbreak deepened the worst U.S. economic catastrophe in decades. Roughly 33.5 million people have now filed for jobless aid in the ...

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Labor deal averts strike at dozens of Illinois nursing homes

Staff at dozens of Illinois nursing homes called off a strike set to begin Friday after the workers’ union reached a tentative deal with nursing home owners that union officials said would help safeguard both staff and residents during the ...

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