U.S. banking regulators announced Friday that banks would have the option of ignoring the capital implications of a new global accounting standard for two years in a bid to ensure banks continue lending through the pandemic.
The coronavirus relief act is giving employers, including sole proprietors, extra time to meet their share of Social Security payroll taxes, the 6.2% of wages they must pay. Deciding whether it's right for you won't be easy.
Apple Inc and the White House said on Friday that the iPhone maker worked with the Trump administration and federal agencies to release an app and website that will direct users to guidance from the Centers for Disease Control on the disease caused by the coronavirus.
Stocks across the globe fell on Friday after a historic three-day run-up, with indexes poised to close the month and quarter with starkly negative performances.
Doubts about the fate of the U.S. economy in the face of the coronavirus hammered Wall Street again on Friday, halting its best three-day bounce in almost a century as the number of cases across the country skyrocketed.
UK-based airline Virgin Atlantic will ask the British government for a package of commercial loans and guarantees worth hundreds of millions of pounds, the Financial Times reported https://www.ft.com/content/c2d817d9-8a73-4bb8-89e7-e5ca67ed41d7 on Friday, citing people familiar with the matter.
U.S. consumer sentiment dropped to near a 3-1/2-year low in March as the coronavirus epidemic upended life for Americans, and consumer spending was sluggish in February, strengthening economists' expectations of a deep recession.
Sweden's H&M, the world's second-biggest fashion retailer, said on Friday it had started production of protective face masks for hospital staff and would ship the first batches to Spain and Italy.
French car maker PSA, which makes the Peugeot and Citroen brands, said on Friday it had presented health measures to its unions with a view to gradually restarting its European plants, which have been closed for fear of coronavirus infection.
Thousands of London's underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won't need them.
The coronavirus bill passed in the House on Friday afternoon. A measure allows you to waive required minimum distributions for workplace retirement plans and IRAs in 2020.
The House passed a massive coronavirus bill on Friday afternoon. Three provisions relate to your retirement nest egg. Here's what you should know.
The economic stimulus bill, which received final congressional approval on Friday, would let qualifying businesses delay when they have to pay their share of payroll taxes. Here's what that means.
Buried in the federal COVID-19 relief bill is a measure that allows you to take a $300 above-the-line deduction for giving to charity. Here's what it really might be worth to you.
Good news for individuals who receive monthly checks from Social Security: You are eligible for the one-time stimulus checks. But the government is still working out details on exactly how those funds will be disbursed.