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Jamie Dimon took shots at the outgoing Trump administration, even as he made it clear he won’t be joining the Biden White House.
In a Wednesday interview, the JPMorgan Chase chief took thinly veiled
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Blacklisted foreigners such as terrorists and drug traffickers could buy expensive artworks to get around sanctions meant to shut them out of the American financial system, the feds say.
US Treasury
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Sen. Josh Hawley called on the feds to shoot down TikTok’s proposed partnership with Oracle because it would keep the popular short-video app tethered to its Chinese owner. The Missouri Republican laid out his concerns in a Monday letter urging the Committee on Foreign Investment in the US to reject TikTok parent ByteDance’s proposal to …
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Americans have just one more day to speed up delivery of their coronavirus stimulus checks. The Internal Revenue Service set a deadline of noon Wednesday for taxpayers to submit direct-deposit information online to have the money dropped straight into their bank accounts. Those who don’t use the IRS’s “Get My Payment” tool to do so …
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The US Treasury Department on Monday said it plans to borrow nearly $3 trillion in the second quarter of 2020 — more than five times larger than the previous record — as the federal government spends at a frantic pace to mitigate the impact of the coronavirus on the US economy. In a statement, Treasury …
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The US Federal Reserve on Thursday widened a key program to nurse the “Main Street” economy through the coronavirus pandemic, agreeing to lend to even larger firms, taking on more risk in participation with banks, and hinting at some form of dedicated help for nonprofits. The central bank said it would expand its “Main Street …
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The Small Business Administration will begin OK’ing a second round of loans to struggling businesses on Monday — a process that will be closely watched by hoards of mom-and-pop owners who say they were excluded from the stimulus program the first time around. The second round of Paycheck Protection Program loans kicks off April 27 …
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Officials at big companies could be sent to the slammer for taking loans meant to help small businesses amid the coronavirus crisis. Amid growing scrutiny of its $349 billion Paycheck Protection Program, the US Treasury Department on Thursday urged the dozens of publicly traded companies that got millions of dollars in government-backed loans to return …
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The Internal Revenue Service’s online tracker for stimulus checks went on the fritz Wednesday as millions wait for the money to hit their accounts, according to frustrated taxpayers. Some Americans were reporting errors with the new tool, Get My Payment, which was launched to help taxpayers figure out when to anticipate their payments. “The IRS …
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The feds have delivered stimulus checks to millions of Americans, but millions more who are still waiting can follow some simple steps to get their money faster. The Trump administration expects more than 80 million people to get direct deposits by Wednesday with their share of the $2.2 trillion stimulus package Congress passed last month …