open businesses

NYC Enters Phase Three & The “New” Normal

Today, as New York City enters Phase 3, life, in the city that never sleeps, inches closer to what we used to call normal. So, what’s Phase 3? Well, that means the city, once the epicenter of the pandemic, is continuing to loosen restrictions that were put in place to contain the coronavirus. Phase 3…

now hiring

U.S. Economy Adds 4.8 Million Jobs, Unemployment Falls

Employers added 4.8 million jobs in June, the Labor Department said Thursday. A clear indicator of the economy showing signs of recovering was the unemployment rate falling to 11.1%. That’s down from a peak of 14.7% in April. June’s positive payroll growth was the second month of gains. This comes after a loss of more…

Paycheck Protection Program

Paycheck Protection Program Extended Until August 8th

Hours before the Paycheck Protection Program (PPP) was set to expire yesterday, the  US Senate unanimously passed an extension of the program to August 8. The 5-week extension keeps the application process open for small businesses to still apply. Currently, more than $130 billion in funds are still unused. The program, intended to provide small…

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