Overall Consumer Prices ‘Solid’ in Q3, But ‘Momentum Fading’ 10/14/2020 07:46 pm WASHINGTON—The Bureau of Labor Statistics is reporting that overall consumer prices rose 0.2% on a seasonally adjusted basis in September and that the overall consumer price index (CPI) grew 1.4% over the 12-month period.
U.S. Consumer Borrowing Unexpectedly Falls in August, As Card Balances Decline Again 10/14/2020 07:50 pm NEW YORK—U.S. consumer borrowing unexpectedly fell in August as credit card balances declined for a sixth consecutive month with the coronavirus pandemic continuing to limit some purchases amid elevated unemployment.
SBA Adds New FAQs Related to PPP Loan Forgiveness 10/14/2020 07:46 pm WASHINGTON—The Small Business Administration (SBA) has a new FAQ for its Paycheck Protection Program (PPP) addressing the date by which borrowers need to apply for forgiveness.