The American Rescue Plan currently making its way through Congress contains over $500 billion of aid to state and local governments. A number of analysts and commentators have questioned the need for this much additional aid. While the economic downturn did take a toll on state and local revenue collections, that revenue decline has largely recovered on average with some
The U.S. retail sales were much higher than economists projected in January, ending a streak of underperformance, according to the Commerce Department.
Emergency savings accounts a reason DC industry should come together investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.
Morning Joe conducted a wealthy white panel discussion on the excesses of President Joe Biden's $1.9 trillion Covid relief proposal that was capped off by Steve Rattner opining that the bill was too expensive when "most Americans are still doing pretty well."
The natural gas storage report from the EIA for the week ending February 5th indicated that the amount of natural gas held in underground storage in the US fell by 171 billion cubic feet to 2,518 billion cubic feet by the end of the week, which left our gas supplies 9 billion cubic feet, or 0.4% below the 2,527 billion cubic feet that were in storage on February 5th of last year, and 152 billion cubic feet, or 6.4% above the five-year average of 2,366 billion cubic feet of natural gas that have been in storage as of the 5th of February in recent years..the 171 billion cubic feet that were drawn out of US natural gas storage this week was a bit less than the average forecast of a 175 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, but way more than the 121 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, and also more than the average withdrawal of 125 billion cubic feet of natural gas that have ty