A new free tool developed by AICPA and the fintech lender Biz2Credit is designed to help borrowers and their CPA advisors complete the application for forgiveness of Paycheck Protection Program (PPP) loans. Available at PPPForgivenessTool.com, the dynamic platform automates the forgiveness process for small business owners who received PPP funds. …
Read More »House Democrats pressure the United States Postal Service on plans to delay mail
The main Fox Business Flash headlines are here. See what FoxBusiness.com is clicking. Senior Democrats on a House of Representatives oversight committee wrote to the new postmaster general on Monday to pressure him on reports that the service was prepared to delay mail delivery if necessary to cut costs, a …
Read More »Moderna stock may not be the game for Moderna bulls (NASDAQ: MRNA)
Last Tuesday (July 14), a study in the New England Journal of Medicine showed strong results for Moderna’s experimental mRNA-1273 (MRNA) vaccine against COVID-19. The MRNA stock gained almost 7% the next day. However, as the always excellent Matt Levine pointed out Bloomberg, other names worked much better. Among the …
Read More »The proportion of Americans who default on their mortgage payments falls to the lowest level in two months.
Fewer Americans now have agreements with their mortgage servicers to skip their monthly payments. Getty Images / iStockphoto Fewer than 4 million homeowners in the US skip their mortgage payments, according to new estimates by the Mortgage Bankers Association released Monday. The business group reported that only 7.8% of mortgage …
Read More »Chicago Tightens Coronavirus Restrictions As Cases Increase
Chicago announced Monday that it will tighten coronavirus restrictions, including for bars, restaurants, gyms, and personal services, as it experiences an increase in COVID-19 cases. The city reinstatement of restrictions, which will take effect on Friday at 12:01 am, It occurs when Chicago has seen its seven-day average increase in …
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