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More than six weeks after the long-delayed program started taking applications, 14,000 businesses have applied for a Shuttered Venue Operators Grant. Only 90 have been awarded one. ....
The new market acceptance of the “transitory” inflation view should take a lot of pressure off the Fed to move interest rates higher. The bigger issue is the labor data which shows a recovering economy (layoffs falling), but one held back by poor fiscal policy ....
As more stimulus checks are sent out and Americans continue calling for assistance from the government, some experts are warning about how the money is directly increasing inflation. ....