Small-Business Loans Expected to Start Friday, Mnuchin Says

Treasury agency looking into private equity investment into life insurance

Treasury Secretary Steven Mnuchin said he expects details will be released later Monday on how small businesses disrupted by the coronavirus pandemic can tap a new loan program Congress passed last week. The roughly $2 trillion economic relief package President Trump signed into law Friday includes nearly $350 billion in loans for companies with fewer… Continue reading Small-Business Loans Expected to Start Friday, Mnuchin Says

Munich Re Doesn’t Expect Significant Impact from Coronavirus Pandemic

Munich Re Q1 profits 2024

Munich Re doesn’t expect the coronavirus pandemic to have a material impact on its results for this year but said that, should the virus continue to spread, the effects could be stronger. “From today’s perspective, Munich Re does not expect the consequences of the coronavirus to have any overall material effect on the annual result,”… Continue reading Munich Re Doesn’t Expect Significant Impact from Coronavirus Pandemic