Business

When the Trump administration began implementing a trillion-dollar program to rescue struggling employers amid the COVID-19 pandemic, a central concern was that the president would use the program to benefit his friends and allies. Turns out, Trump’s friends weren’t the ones who caught so much windfall, but the well-to-do and …

Shawn Hayes was grateful that he had been locked up in a city-run hotel for people with COVID-19. The 20-year-old was not in prison. I wasn’t on the streets chasing drugs. Methadone to treat his opioid addiction was delivered to his door. Hayes was staying at the hotel due to …

A number of startup-backed tech startups were among companies that received loans under a program aimed at mitigating economic damage from Covid-19, according to data released Monday by the Trump Administration. The data follows Democrats’ demands for greater transparency around the Paycheck Protection Program, or PPP, funds established as part …

The 49ers could trade Jimmy Garoppolo after next season, but not because of his game. They could exchange it for your contract. Garoppolo is a good quarterback. When the 49ers signed him with an extension in 2018, they paid him the prevailing fee for good quarterbacks. And that rate has …

Market Description © Getty Images US stocks on Monday afternoon were trading higher to start the first full week in July, with stocks from tech and financial companies boosting earnings on Wall Street after Chinese equity benchmarks posted their biggest close. in two years. Loading error Monday’s upbeat market action …