Our latest investigations into the efforts to save Americans’ livelihoods in an unprecedented crisis.
Girish Patel doubts his small, 20-year-old shop will survive the pandemic economy. Thirty stories above, aerospace company TransDigm has sustained eye-popping profits thanks to steep layoffs and raised over a billion with help from the U.S. government.
The catastrophic loss of millions of U.S. jobs is another part of the coronavirus pandemic that is falling disproportionately onto the shoulders of Black Americans.
The Paycheck Protection Program includes about $659 billion in federally backed loans to small businesses, to be forgiven if used to prevent laying off workers. Our database lets you search what’s been disclosed so far.
Even if you live in a state that has not banned evictions, federal rules may still protect you. Look up your address to learn more.
Arkansas prosecutor Josh Drake called the state’s criminal eviction statute “cruel” and “unconstitutional.” Criminal charges against tenants falling behind on rent have continued, even as the pandemic has worsened.
A consortium of news organizations, including ProPublica, has won a legal fight against the Small Business Administration. It will now have to publicly release the names of borrowers who got government pandemic loans.
As many as 12 million Americans didn’t get their stimulus payment. Usually it’s because their income was too low. Here’s what they can do: Apply through the government’s glitchy platform (if they even qualify), and do so before Nov. 21.
The Federal Reserve has bailed out the stock and bond markets and stabilized the economy with its rock-bottom rates — but at the expense of Social Security and pension funds.
The Trump Administration Allowed Aviation Companies to Take Bailout Funds and Lay Off Workers, Says House Report
Instead of using bailout money to keep workers, at least two companies restored the full pay of their top management.
Democrats say the letter violates the law against using government resources to campaign. It’s just the latest example of President Trump using his office to boost his reelection hopes.
More people than ever became eligible for unemployment benefits after Congress included part-time and gig workers, but the data shows that hasn’t solved a huge racial disparity. Here’s why.
Up to $1 billion in small business relief dollars went to hotel chains with more than 500 employees. One beneficiary was the client of a former aide to Sen. Susan Collins who was among many lobbying her to create this special exception.
A meses de haber comenzado la pandemia, un prestamista que se comercializa entre los inmigrantes latinos siguió demandando a sus prestatarios, a pesar de que estos perdieron sus empleos y se retrasaron con sus pagos. No obstante, la compañía dio marcha atrás cuando nosotros comenzamos a hacer preguntas.
How the Trump Administration Allowed Aviation Companies to Keep Relief Money That Was Supposed to Go to Workers
One of the most generous programs of the bailout was meant to help airline industry companies keep their workers on the payroll. Some laid workers off first and then got the money anyway.
Months into the pandemic, a lender that markets to Latino immigrants continued to sue borrowers after they lost jobs and missed payments. But they reversed course when we started asking questions.
The Small Biz Double-Dip: Temp Companies Got Cheap Government Money, Got Paid by Clients for the Same Workers
One of the biggest beneficiaries of the Paycheck Protection Program for small businesses were temp agencies. Many have been able to turn the government loans into profits.
The CARES Act was largely successful in keeping millions of American renters from facing eviction during the pandemic. As protections fade, some landlords are gearing up to return to court.
A top official said 99% of funds were paid, but only 55% of small business owners reported receiving the money. Borrowers were told there was a technical glitch, but the Small Business Administration would not answer questions about it.
ProPublica found at least 15 large companies that received over half a billion dollars in PPP loans using the same technique: Getting multiple loans sent to smaller entities they own.
Three companies including Gate Gourmet, a global provider of airline meals, received $338 million in relief money for workers — and laid workers off anyway.
After resisting its release, the administration revealed information on companies that received more than $150,000 in PPP funds.
Oyster, Air Fryer and Bicycle Companies Say Their Goods Are Essential to Fighting Coronavirus So They Can Get Tariff Relief
Trump’s trade agency is taking applications for products that should escape new tariffs. Companies making everything from shoes to hors d’oeuvres are submitting justifications that are … creative.
Wage garnishments ordered before the pandemic started have continued for many workers during the recession. Senators Elizabeth Warren and Sherrod Brown have demanded an end to the practice.
As the COVID-19 pandemic hit, Americans got protection from evictions, foreclosures and student debt. But debt collectors have continued to siphon off their share of paychecks from those who still have jobs.