A program that provides loans to hard-hit small businesses may soon get another cash infusion. Senate Majority Leader Mitch McConnell is looking to vote Thursday on a proposal to add more resources to the $350 billion loan fund. U.S. Treasury Secretary Steven Mnuchin said he will seek an additional $250 billion in funding.
New Jersey’s economy grew less than 1% in the final quarter of last year. That’s less than the growth experienced by the national economy and many other states.
Jersey City is offering certain employees voluntary severance packages to help address its budget shortfall.
Allstate and at least one other auto insurance company will return money to policyholders because people are driving less.