Business

The U.S. unemployment rate fell unexpectedly in May to 13.3% as states loosened their coronavirus lockdowns and businesses began recalling workers.

Paycheck Protection Program loan recipients had argued that the original rules forced them to rehire workers before they are allowed to reopen.

26% of business owners told Hofstra survey they need microloans, and 17% said they need personal protective equipment for employees.

To help small firms survive the pandemic, Congress should reduce to 1% the interest rate on EIDL loans, the group says.

Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.

With limits on in-person showings, buyers sometimes enter the home for the first time when they do a walk-through right before the closing.

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Supermarket prices have risen at a record rate, and strapped Long Islanders are contending with bigger food bills as stores struggle to stay stocked and profitable. 

Each kit comes with a digital thermometer, five face shields, 400 face masks, 100 pairs of gloves, 1,800 sanitary wipes and two gallons of hand sanitizer.

Businesses with 20 or fewer employees, nonprofits and residential landlords are eligible for loans from New York Forward Loan Fund.

The family-owned grocery chain, which specializes in Italian foods, will open the new store in spring or summer 2021.