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Purchasing power parity (PPP) compares currencies by using a common basket of goods to show differences in cost of living and standards of living across countries.

A federal investigation blames fintechs for rampant Paycheck Protection Program loan fraud. The resulting report named fintechs and lenders it said failed to screen for fraudulent claims. It could ...

Even if businesses have secured forgiveness for their PPP loans, the work still might not be done. Here's a costly mistake companies need to avoid to steer clear of increasing federal scrutiny.

Defendants pleaded guilty to conspiracy. PPP loans were designed to help small businesses keep their workers on payroll during the Covid-19 pandemic. While loans were obtained from various lenders, ...

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Lenders with less than $1 billion in assets have special access to the Paycheck Protection Program from 4 p.m. to 11:59 p.m. on Wednesday, per an announcement by U.S. Small Business Administration ...

Regions Bank has agreed to pay a $4.9 million settlement to the Department of Justice in a case involving a COVID-19 relief ...

A local chamber of commerce, two country clubs and a Wapello County nonprofit are among 40 Iowa organizations facing federal ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

The second, $900 billion COVID-19 relief package includes some changes to the Paycheck Protection Program for small businesses, which are continuing to be battered because of the pandemic. Many of ...