Kanye West And The Other Billionaires Who Received PPP Loans: CNBC After Hours
CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC wealth editor Robert Frank digs into the Paycheck Protection Program's newly released data to find the billionaires who took small business loans from the federal government. Plus, after President Trump vows to put pressure on governors to open schools in the fall, CNBC's Ylan Mui breaks down how much it will cost to bring kids back into the classroom.
CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, Moody's Analytics Chief Economist Mark Zandi joins 'After Hours' to explain how the trillions of dollars of fiscal stimulus have helped keep the economy going during the coronavirus pandemic. Plus, CNBC's Robert Frank breaks down the real estate boom in Lake Tahoe as tech employees flee San Francisco. Republicans in four states, including a lawyer who is representing President Donald Trump in a lawsuit against a Wisconsin NBC affiliate, have been working to get Kanye West on the ballot for November's presidential election. This has led to speculation that the Trump campaign is promoting West's candidacy as a way to pull votes away from apparent Democratic nominee Joe Biden. Aired on 8/5/2020. CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Rahel Solomon explains the challenges facing state labor offices when it comes to implementing new enhanced unemployment benefits from the federal government. Plus, a deep dive into Spotify's podcast acquisition spree. The Trump administration has released a list of companies that have received small business loans from the Paycheck Protection Program during the coronavirus pandemic. Some of them include Trump donors, Democratic and Republican political groups, the Girl Scouts, and Kanye West's clothing line. CBS News Radio White House correspondent Steven Portnoy joins CBSN with details.