SBA Data Show At Least $20B Of PPP Loans Have Been Canceled

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SBA Data Show At Least $20B Of PPP Loans Have Been Canceled

A minimum of $20 billion in Paycheck Protection Program (PPP) loans have been canceled — many by small businesses afraid they can’t spend the money in ways that will qualify for loan forgiveness, calculations of Small Business Administration (SBA) data …
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Silver scores biggest monthly gain in 9 years as US-China tensions boost gold prices

Silver futures on Friday posted a gain of nearly 24% for the month, the largest since 2011, with the industrial metal finding support as global economies continue to reopen from pandemic-related shutdowns. Gold futures, meanwhile, rose for Friday’s session …
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Fed snaps up $1.3 billion in corporate bond ETFs and we finally know which funds it's been buying

The Federal Reserve has snapped up more than $1.3 billion in corporate bond ETFs since it has started an unprecedented intervention in the market. Information the central bank released Friday shows that the biggest purchase was of the iShares iBoxx US …
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Trump Wades Back Into Race Ahead of US Election

Click here for Bloomberg's most compelling political images from the past week, and tell us how we're doing or what we're missing at
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Universal Orlando giving access to parks before formal reopening

ORLANDO, Fla. (WFLA) – Universal Orlando announced on Friday that it will be reopening some of its hotels next week ahead of the reopening of theme parks. The reopening of hotels will begin on June 2. Universal said the hotels are opening before the …
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