A handful of states are requiring insurers to provide extra time for consumers to make those payments without facing cancellation of their policies, and many insurance companies are providing relief even if not required to.
"It's a tremendous program to keep our business afloat," said one small business owner.
The Trump administration plans to buy milk and meat from U.S. farmers as part of an initial $15.5 billion effort to help them weather the impact of the coronavirus outbreak, Agriculture Secretary Sonny Perdue said on Wednesday.
From solar panel installers to electric vehicle factory workers, the clean energy sector lost more than 100,000 U.S. jobs in March as stringent measures to control the new coronavirus shut down manufacturing and halted plans for home and business upgrades.
A double whammy of economic data showing the U.S. economy in a deep downturn and reports of persistent crude oil oversupply and collapsing demand slammed global markets on Wednesday as vivid reminders of the damage from coronavirus-related lockdowns.
The government has launched a new web app that lets you track your payment or add in your direct deposit bank information. But you need to hurry if you want your cash automatically. Millions of payments are already being deployed.
The S&P 500 recoiled on Wednesday from a four-week high, as dire forecasts for the worst economic downturn since the Great Depression were strengthened by a crash in business activity and dismal first-quarter earnings reports.
The Pentagon's inspector general on Wednesday said it could not determine whether the White House influenced the award of a $10 billion contract to Microsoft Corp over Amazon after several officials said their conversations were privileged "presidential communications."
U.S. retail sales suffered a record drop in March and output at factories declined by the most since 1946, buttressing analysts' views that the economy contracted in the first quarter at its sharpest pace in decades as extraordinary measures to control the spread of the novel coronavirus shut down the country.
General Motors Co said on Tuesday it has started mass production of ventilators needed to treat severely sick coronavirus patients and would deliver the first batch of the medical equipment to the United States government this month.
Airbnb is in advanced talks for a new $1 billion loan just days after the U.S. home rental company closed a $1 billion debt deal with private equity firms, people familiar with the matter said on Tuesday.
Amazon.com Inc said on Tuesday it had fired three reported critics of the company's pandemic response for workplace violations, dismissals that drew sharp words from U.S. Senator Bernie Sanders and a labor coalition.
General Motors Co said on Tuesday it had started producing ventilators in the volume needed to treat severely ill coronavirus patients and would deliver the first batch of the medical equipment to the U.S. government this month.
General Motors Co will begin producing 1.5 million face masks a month at its plant in the Mexican city of Toluca at the end of April, it said on Tuesday, aiming for 9 million masks over six months to help curb the spread of the coronavirus.
Carnival Corp-owned Princess Cruises, whose three ships had become hotbeds for coronavirus infections, said on Tuesday it would cancel all voyages until June-end, after a "no sail order" from U.S. health officials.