Fed's Bostic: Small business may need up to $500 billion monthly in support through crisis

WASHINGTON (Reuters) - U.S. small businesses may need as much as $500 billion a month to fully ensure their survival through the widespread closures and disruptions slamming their revenue during the coronavirus crisis, Atlanta Fed President Raphael Bostic said Thursday.That "baseline" figure derived from staff analysis, he said, would be a starting point for discussions about how to expand a $350 billion small business lending program that was exhausted within two weeks. "Using that as a..