SBA says it has suspended '6,900 Minnesota borrowers' over suspected fraud

Small Business Administration (SBA) Administrator Kelly Loeffler said Thursday night that her agency has suspended “6,900 Minnesota borrowers” over suspected fraudulent activity in connection with COVID-era loan programs. Loeffler said the SBA reviewed thousands of potentially “fraudulent” Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) payments approved in Minnesota last week. , Source…

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ASX 200, Hang Seng Index

People celebrate the New Year at the Bank of China building in Central in Hong Kong, China, January 1, 2026. Lam Yik | Reuters South Korea’s Kospi hit a new record Friday as Asia-Pacific markets kicked off the new year trading mixed. The Kospi was up 0.65%, and hit a record high. Heavyweight Samsung Electronics…

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2025-26 College Football Playoff: What’s next for each eliminated playoff team?

The fact that the College Football Playoff quarterfinal round kicks off just before the transfer portal officially opens epitomizes a sport where the present and future constantly clash. Four unfortunate teams will see their future become the present, after losses in much-anticipated quarterfinal matchups. Alabama became the third team off the board following its loss…

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