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Spike in LIBOR Offset Rate Cuts
Global watchdog says the benchmark’s performance through recent financial turmoil underscores the need to retire it.
SBA Names Firms Getting $150,000 or More in PPP Loans
Some 650,000 larger entities have taken about 75% of the loan money allocated through June 30.
Majority of Businesses Sought PPP Loans
The program is supporting “more than 75% of the small-business payroll in all 50 states,” Treasury Secretary Steven Mnuchin said.
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