Payroll Protection Program running out of money for small businesses | Business

Payroll Protection Program running out of money for small businesses | Business

SPOKANE — What started as a bold plan to save small businesses by a federal agency best known for disaster loans has turned into a massive $780 billion bailout that local bankers believe was necessary to prevent more catastrophic economic damage from the coronavirus pandemic. The U.S. Small Business Administration’s officials on Wednesday announced the

Germany’s Rhine river levels running low putting economy at risk

Germany’s Rhine river levels running low putting economy at risk

A photo taken on July 18, 2022 shows a puddle of water amid the nearly dried-up river bed of the Rhine in Cologne, western Germany, as many parts of Europe experience a heatwave. Ina Fassbender | AFP | Getty Images The water levels in a crucial waterway in Europe’s economic heartland are running dangerously low