Tag: Hotels/Restaurants/Casinos

Open for business: U.S. companies are reopening or forming at a frantic pace

The “chief business of the American people is business,” President Calvin Coolidge said almost a century ago. They are proving him right again as the U.S. emerges from the coronavirus pandemic. The reopening of the economy has spawned an explosion in new and reopened businesses. More than 60,000 companies reopened from April through June while […]

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In one chart: GDP growth by state as COVID recovery takes hold

The U.S. economy expanded 6.4% on an annualized basis in the first quarter, the Commerce Department said last month, as American businesses reopened and people got back to work after being largely locked down throughout 2020. But as with all economic data, the national headline number masks a lot of local discrepancies. The chart above, […]

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Opinion: 5 smart ways to shift your investments as the Fed gets ready for a big move

Fed policymakers surprised a lot of investors on Wednesday by signaling that tapering and interest-rate hikes are finally on the way. Investors sat up and noticed because “taking away the punch bowl” has doomed many a growth cycle. That’s not probably not likely any time soon. But this was a key turning point for the […]

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