WCRE COVID-19 Resource Center
Murphy Announces Plan to Reopen NJ Malls
New Jersey’s Governor announced the indoor portions of shopping malls will be able to open on June 29 with strict guidelines. “This means limiting customers to 50 percent capacity and […]
Read More....Kenney – Philly May Move Into Green Phase Reopening
Philadelphia Mayor Jim Kenney said Thursday that the city could move to the green phase on July 3 if Covid-19 case numbers decline on par with health department goals. Philadelphia […]
Read More....SBA Unveils New PPP Forgiveness Application
The Trump administration on Wednesday released a new and simplified forgiveness application for small business owners who received a loan through the government-backed Paycheck Protection Program. In a joint news […]
Read More....SBA Clarifies PPP Rules for Self Employed Borrowers
If you’re a freelancer or other self-employed person wondering if you’ll get forgiveness for loans taken out under the Paycheck Protection Program (PPP), yesterday brought good news. The SBA filed […]
Read More....U.S. May Retail Sales Surge +17.7%
Retail sales shattered already-lofty expectations for May as consumers freed from the coronavirus-induced lockdowns began shopping again. The 17.7% headline gain including food sales easily topped the previous record from […]
Read More....Fed to Start Buying Individual Corporate Bonds
The Federal Reserve is expanding its foray into corporate credit to now buy individual corporate bonds, on top of the exchange-traded funds it already is purchasing, the central bank announced […]
Read More....Wolf Announces 8 More Counties to Move Into Green Phase
Governor Tom Wolf today announced that eight more counties will move to the green phase of reopening from the COVID-19 pandemic at 12:01 a.m. on Friday, June 19. These counties […]
Read More....Murphy Announces More NJ Business Reopenings
Gov. Phil Murphy, speaking during a Friday news conference, announced more New Jersey reopenings as the coronavirus outbreak’s impact continues to decline. Murphy made the statement as he announced an […]
Read More....Fed Predicts Low Interest Rates and GDP Bump
The Federal Reserve kept interest rates near zero and indicated that’s where they’ll stay as the economy recovers from the coronavirus pandemic. Along with the rate decision, central bankers projected […]
Read More....Murphy Lifts NJ Stay-At-Home Order
New Jersey is lifting the stay-at-home order put in place nearly three months ago to slow the spread of the coronavirus as the reopening plan nears Stage 2 with nonessential […]
Read More....Fed Expands Loan Sizes for Main Street Program
As the Federal Reserve prepares to start up its Main Street lending program, it has changed the terms to allow for greater participation. The central bank said Monday it is […]
Read More....Wolf Announces $225M Grant Program for Small Businesses
Governor Tom Wolf today announced a $225 million statewide grant program to support small businesses that were impacted by the COVID-19 public health crisis and subsequent business closure order. The […]
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