Banks rejected more than 8-in-10 business loan applications in May.
Small business loan approval percentages at big banks dipped from 13.5% in April to 13.4%...
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The market fell sharply on Thursday after the U.S. economy posted its worst quarter ever—contracting by 32.9% on an annualized basis—while the Nasdaq...
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Federal Reserve Chairman Jerome Powell told the Senate banking committee on Tuesday that there is still “significant uncertainty” about an economic recovery, while...
The approval percentage for non-CARES Act Payroll Protection Program (PPP) small business loan applications at big banks ($10 billion+ in assets) rebounded to 11.5%...
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The market finished slightly lower on Wednesday after the Federal Reserve indicated that it would leave interest rates unchanged until 2022, while also...
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The Federal Reserve announced Wednesday that it kept interest rates near zero and indicated that they’ll likely remain there until at least 2022...
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The market opened slightly higher on Wednesday as technology stocks continue to outperform and Wall Street awaits an update on the economy from...