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U.S. COVID loans saved 51 million jobs, gave billions to the rich

Video Credit: Reuters Studio - Duration: 02:08s - Published
U.S. COVID loans saved 51 million jobs, gave billions to the rich

U.S. COVID loans saved 51 million jobs, gave billions to the rich

[NFA] Data on the small business Paycheck Protection Program (PPP) seemed to confirm worries among Democrats and watchdog groups that in addition to mom-and-pop shops, the funds went to well-heeled and politically-connected companies.

This report produced by Zachary Goelman.

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Coronavirus disease 2019 Coronavirus disease 2019 Infectious respiratory disease caused by severe acute respiratory syndrome coronavirus 2

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President Ram Nath Kovind addresses nation on eve of Independence Day

President Ram Nath Kovind in his address to the nation on the eve of Independence Day said that celebrations of Independence Day this year will be rather restrained. He said, "Celebrations of Independence Day this year will be rather restrained. The world confronts a deadly virus which has disrupted all activities and taken a huge toll. It has altered the world we lived in before pandemic." President Kovind said that August 15 fills us with excitement of unfurling the tricolour, taking part in celebrations and listening to patriotic songs. "Youth of India should feel special pride of being citizens of free nation." For COVID warriors, President said, "The nation is indebted to doctors, nurses and other health workers who have been continuously on the forefront of our fight against this virus. Unfortunately, many of them have lost their lives battling the pandemic. They are our national heroes." He further said, "We have learnt some tough lessons in the year 2020. The invisible virus has demolished the illusion that human being is the master of nature. I believe, it is still not too late for humanity to correct its course and live in harmony with nature."

Credit: ANI    Duration: 04:30Published

Paycheck Protection Program

The Paycheck Protection Program expires today. The future of the small business rescue plan is in limbo as stimulus talks stall

Lawmakers are discussing an extension of the PPP but talks are stalled amid a stalemate over another round of COVID-19 pandemic stimulus relief.

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Credit: Reuters - Politics    Duration: 01:19Published
Brad Pitt to Star in David Leitch's "Bullet Train," Kanye West's Yeezy Receives $2M-Plus From Federal Pandemic Loan & More News  [Video]

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Credit: The Hollywood Reporter    Duration: 01:51Published
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1.5 mln Americans file jobless benefits last week

Unemployment claims dipped last week to 1.5 million but remained historically high. As Fred Katayama reports, a second wave of layoffs amid weak demand and fractured supply chains is keeping new U.S. applications for unemployment benefits elevated.

Credit: Reuters Studio    Duration: 01:04Published

Democratic Party (United States) Democratic Party (United States) Major political party in the United States

Obama worries Trump will 'kneecap' Postal Service [Video]

Obama worries Trump will 'kneecap' Postal Service

Former President Barack Obama said on Friday he worries about protecting the integrity of November's election in view of efforts by President Donald Trump to "kneecap" the U.S. Postal Service to limit Americans voting by mail during the pandemic. This report produced by Chris Dignam.

Credit: Reuters - Politics    Duration: 01:34Published

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USPS warns of 'significant risk' of late ballots [Video]

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[NFA] Ahead of a presidential election that could see up to half of U.S. voters cast their ballots by mail, the U.S. Postal Service is warning some states that they need to provide more time for those votes to be counted. This report produced by Jillian Kitchener.

Credit: Reuters - Politics    Duration: 02:05Published

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Trevor MiIton @arindube Saved 3.2 million jobs most of them in zombie companies that would have been lost even without covid.… https://t.co/V0RAiHZCtF 5 days ago


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