CARES Act

The Golden Gate Bridge District received a $30.2 million grant from the Coronavirus Aid, Relief, and Economic Securiy Act (CARES).

Since March, in four separate pieces of congressionally approved legislation including the CARES Act, the federal government has spent more than $810 billion backing small business loans, yet several local business owners tell the NBC Bay Area Investigative Unit that those federal dollars have yet to find their way to those who need it the most. Stephen Stock reports.

Since March, in four separate pieces of congressionally approved legislation including the CARES Act, the federal government has spent more than $810 billion backing small business loans, yet several local business owners tell the NBC Bay Area Investigative Unit that those federal dollars have yet to find their way to those who need it the most. Stephen Stock reports.

With many of us staying at home or away from public transit, BART says ridership is now down 90% and it is going to need more federal dollars to keep the trains running.

Undocumented households in the Bay Area can receive up to $1,000 from the state of California for relief from the coronavirus, according to the California Department of Social Services.

With the coronavirus affecting the income and finances of Americans, the federal government has placed federal student loans in forbearance, which means you won’t be dinged for not paying that debt for a few months. Per the CARES Act, the federal government is suspending all automatic payments until September 30, 2020. Federal loan lenders will not report to a credit…

More than 825,000 Americans had tested positive for the coronavirus as of April 22 and more than 45,000 had died, a toll that has been striking Latinos and African Americans disproportionately hard. Latinos represented 23 percent of the cases nationwide, while making up 18 percent of the population, according to data from the Centers. For African Americans, the discrepancy is even...

Less than 24 hours after the Treasury Department formally extended cash grant offers to the six largest airlines in the U.S., the union representing 120,000 flight attendants is blasting the move with a dire warning.

Small businesses are clamoring for funds from a new forgivable loan program, but some business owners, particularly those with high rents and low labor costs, may not benefit from the program as much as they think.