🍻 Our final KaiPA pint glasses are available NOW to anyone who donates to our nonprofit newsroom. Donate now

Citi plans to buy PPP loans from minority-owned lenders

May 21, 2020
The arrangement would allow minority-owned lenders to take PPP loans off of their balance sheets.
Citi says it will purchase $50 million in loans from minority-owned lenders.
Bruce Bennett/Getty Images

Ready to go back to eating out? Your favorite restaurant won't look the same

May 20, 2020
Many restaurateurs realize that their industry, built on socializing in packed rooms, needs to reduce tables, shrink menus, and increase technology to survive.
A masked waiter serves a customer at a reopened restaurant in Florida on May 11.
Joe Raedle/Getty Images

The new workflow for plumbers means turning some jobs down

May 20, 2020
The owner of a plumbing company won't serve clients who are ill, and both plumbers and clients must wear face masks.
Connie DePaepe, owner of American Drain Works & Plumbing. DePaepe's rules have changed since the pandemic hit.
(Photo courtesy of Connie DePaepe)

What can the Federal Reserve do to help the economy?

May 20, 2020
The central bank is already buying bonds to keep money flowing, but it has a few more tools in its kit.
Federal Reserve Chairman Jerome Powell testifies before Congress in 2018. Powell has been urging Congress to provide more fiscal support during the pandemic.
Chip Somodevilla/Getty Images

How we spent our relief checks

May 20, 2020
Economists at four universities studied the spending habits of about 1,600 middle and low-income consumers who got $1,200 direct payments. The money was spent on necessities like rent and food.
People shop at a Los Angeles grocery store. Americans spent their stimulus checks on the essentials, like rent and groceries.
Mario Tama/Getty Images

COVID-19 is likely leading more U.S. farmers to file for bankruptcy

May 20, 2020
American farmers were struggling because of the U.S.-China trade war long before the coronavirus pandemic hit.
A farmer walks through his soy fields in Illinois. Eighty percent of farm assets are tied up in land values, which have been declining for the past few years.
Nova Safo/AFP via Getty Images

What is it like to reopen a restaurant right now?

May 20, 2020
The restaurant industry faces a huge challenge: not just how to reopen safely, but how to make customers feel safe.
A restaurant reopens its in-person service in Brookhaven, Georgia, on April 27.
Jessica McGowan/Getty Images

For public good, not for profit.

Which colleges say they'll reopen in the fall? And which ones are keeping classes online?

Location is a big factor. And closing down this semester cost universities billions.
Notre Dame University said it will be resuming in-person classes this fall.
Nova Safo/AFP via Getty Images

SBA says PPP loans are getting smaller in the second round of lending

May 20, 2020
Business advocates say that's a sign smaller businesses are finally getting the loans they applied for.
The SBA's changes for the latest round of lending appear to be helping smaller businesses.
Olivier Douliery/AFP via Getty Images

Is it safe to visit gyms, cafes, and stores? Here's what the data says.

May 20, 2020
Researchers analyzed the risks and rewards of opening different businesses right now.
MIT researchers say we need to "ration our social contact" during these times. But how best to do that?
Frederic J. Brown/AFP via Getty Images