A new report estimates overall fraud in the Covid-19 Paycheck Protection Program and Economic Injury Disaster Loan program and grants could reach $84 billion.
The U.S. is now reporting an average of more than 120,000 new Covid-19 cases a day. Cases are also rising at a faster pace, with a roughly 33 percent jump in the seven-day average over the past week, according to a CNBC analysis of data compiled by Johns Hopkins University.
White House chief of staff Mark Meadows told CNN that "we're not going to control the pandemic" after coronavirus cases hit record high. Meadow's comments point to the Trump administration's focus on a potential vaccine or therapeutic to manage Covid, rather than implementing national measures to help mitigate the spread of infections. Over the past seven days, the U.S. reported an average of 68,767 new cases — the highest level since the pandemic began.
New cases are up by at least five percent, based on a seven-day average, in 26 states as of Sunday, compared with just 12 states a week ago. Many of the recently growing outbreaks across the country are occurring in Midwestern states, including Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, Ohio and the Dakotas. New cases nationwide have been steadily falling for more than a month, but they now appear to be flattening out at over 40,000 new cases per day.
The Bosarge divorce case offers a rare window into the highly secretive world of asset trusts in South Dakota, a haven for billionaires.
The world's wealthy have stashed over $300 billion in secret trusts in South Dakota, which has become a global leader in sheltering fortunes from governments and tax authorities. Now, a billionaire divorce shows how the trusts can also be used against ex-spouses. CNBC's Robert Frank reports.
The campaign has prompted some confusion as to whether people included in the campaign are claiming to be using methamphetamines.
There are now more job openings in the US than there are workers, but your chances of landing your dream job are better in some states than in others. Here are the top 10 best bets in 2019, based on CNBC's America's Top States for Business study.
Business-friendly regulations are a boon for businesses, but skilled workers are in short supply.
"It's the heartland, especially the Midwest and the Great Plains, where most of the best states for homeowners are found," the report says
Republican Rep. Kristi Noem will become governor of South Dakota, defeating Democratic state Sen. Billie Sutton.
Soybean farmers in the Dakotas are on track to post a bumper crop, but that's little consolation given they are paying a heavy price in the ongoing trade war with China.
In a few places, GOBankingRates reports, "middle-income families continue to thrive."
In some states, including Indiana, middle-class incomes have dropped as much as 9 percent.
The Supreme Court ruled online retailers can be forced to collect sales tax in states where they do not have a physical presence.
The primary election results in states such as California, New Jersey and Iowa will help to determine whether Republicans keep their House majority.
For years sidelined on the national political fringe, California has lurched to the center of the fight for control of Congress.
Senate Democrats narrowly won a vote on Wednesday to save so-called net neutrality rules that ensure unobstructed access to the internet.
If the Supreme Court decides to let states collect sales tax on out-of-state retailers, it would harm small businesses, Grover Norquist says.
The U.S. Supreme Court appeared uncetairn whether to let states force out-of-state online retailers to collect sales taxes on purchases.
