President Erdogan’s mania for low interest rates was to blame, again. Read More
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Round 2 of PPP loans could be open to even more fraud
On Monday the Small Business Administration began accepting applications for new Paycheck Protection Program loans authorized in the stimulus package enacted last month. On the same day, the SBA’s inspector general announced that more than 57,000 potentially ineligible borrowers had wangled $3.6 billion from the program last year. The inspector general’s office reached that conclusion by comparing […]
Biden to name judge Merrick Garland as attorney general
President-elect Joe Biden has selected Merrick Garland, a federal appeals court judge who in 2016 was snubbed by Republicans for a seat on the Supreme Court, as his attorney general, two people familiar with the selection process said Wednesday. In picking Garland, Biden is turning to an experienced judge who held senior positions at the […]
Stocks and crypto wobble ahead of today’s weighty jobs report
It’s jobs day. Here’s what to watch for. Read More