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Economy

AP: Business owners left out as lending program goes on hold

The government’s lending program for small businesses is tapped out, leaving business owners who still need loans waiting for Congress to approve...

AP: US relief checks begin arriving as economic damage piles up

WASHINGTON (AP) — Government relief checks began arriving in Americans’ bank accounts as the economic damage to the U.S. from the coronavirus...

AP: California to give cash payments to immigrants hurt by virus

California will be the first state to give cash to immigrants living in the country illegally who are hurt by the coronavirus,...

BBC: Coronavirus: ‘World faces worst recession since Great Depression’

The global economy will contract by 3% this year as countries around the world shrink at the fastest pace in decades, the...

NPR: Congress Won’t Return Until May, As Talks Appear To Stall On Small Business Aid

Senate Majority Leader Mitch McConnell announced the full Senate will not plan to return to the Capitol before May 4 — a...

CNN: IRS says stimulus payments will begin next week

(CNN) The Internal Revenue Service said Friday that some stimulus payments will start going out next week, starting with people who have filed tax...

AP: IMF head sees worst economic downturn since Great Depression

The coronavirus pandemic will push the global economy into the deepest recession since the Great Depression, with the world’s poorest countries suffering...

AP: A new $2.3 trillion Fed plan to aid localities and companies

The Federal Reserve unleashed a new series of moves Thursday to try to make loans available to states, localities and companies that...

CNN: Millions of low-income Americans are at risk of missing out on stimulus payments

There are as many as 10 million low-income, childless adults in the United States who are eligible for the federal government's stimulus...

AP: Congress in standoff on virus aid, but first checks coming

Congress is rushing headlong into a conflict over the next coronavirus aid package as the White House wants to pump $250 billion into...

BBC: Coronavirus: What does it mean if I’ve been furloughed by work?

Until recently, many people in the UK had never heard of furlough. But the impact of coronavirus on the...

AP: Walmart limits store access; US airlines sign up for grants

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related...

Anouncement

[Champaign] 13 Thursdays in Campustown

13THURSDAYS presented by JSM Living continues in campustown this summer now through August 12. Explore campustown by taking advantage of deals and sales at 21 participating businesses every...

[Illinois] Passes for 22nd annual ‘Ebertfest’ on sale June 7

CHAMPAIGN, Ill. — Passes for the 22nd annual Roger Ebert’s Film Festival, or “Ebertfest,” will go on sale June 7.

Media advisory: Illinois undergraduates featured in television series ‘The College Tour’

CHAMPAIGN, Ill. — Eleven students from the University of Illinois at Urbana-Champaign will be featured in an edition of “The College Tour,”...

[Champaign] EXPLORE CAMPUSTOWN BUSINESSES ALL SUMMER WITH THE RETURN OF 13 THURSDAYS

CHAMPAIGN -- The Champaign Center Partnership invites the public to explore Campustown this summer during the return of 13 Thursdays, the annual 13-week promotion...