PPP Expiring, TikTok Ban & More — Friday's Financial Rundown: Aug. 7

The PPP is set to expire with more than $130 billion remaining in the fund, TikTok threatens legal action against President Trump's executive order to ban U.S. dealings with the app's Chinese owner, ByteDance, and many who are claiming unemployment benefits may be faced with a surprise tax bill next year. Keep reading for a look at the top financial headlines on Aug. 7, 2020. Sign up below for the "Fox Business Breaking News Alerts" newsletter for the latest headlines.

PPP Expiring, TikTok Ban & More — Friday's Financial Rundown: Aug. 7