Business Blog

Politicians on both sides of the aisle, including Treasury Secretary Steven Mnuchin, want to send cash to Americans as the COVID-19 crisis deepens.

The U.K. government has announced a raft of new financial measures to help businesses under severe strain from the coronavirus outbreak.

Duncan Hunter faced a maximum of five years in jail, but prosecutors asked Judge Thomas Whelan to impose a much lighter sentence, recommending 14 months.

The United Auto Workers union said Tuesday that its leadership has requested a two-week shutdown of operations to safeguard its members during the coronavirus outbreak.

It could not be immediately determined what steps McConnell is pushing for, but the stipulations around paid time off were a thorny issue in negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin.

Taxpayers are about to get a three-month reprieve to work on their income tax returns, Treasury Secretary Steven Mnuchin said at a press conference on Tuesday.