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. WASHINGTON — The U.S. economy grew 1.6% in the first three months of the year because of rising coronavirus vaccinations and massive federal stimulus spending. It is on the verge of regaining all of its pandemic losses in coming months. The GDP report, released by the Bureau of Economic Analysis on Thursday, showed that consumers are spending more on things such as cars and homes. A record boost in household after-tax income suggests there's more consumer spending power waiting in the wings. The rosy economic news came the same day as news of the third straight week of reduction in job...

The U.S. recovery likely found its rhythm in the first three months of 2021, according to early forecasts of data to be released by the Bureau of Economic Analysis this morning. It appears likely all Covid-19-era losses will be recovered by the middle of this year.

April 18, 2021 | Tsunami Warning John Mauldin John Mauldin is a renowned financial expert, a New York Times best-selling author, and a pioneering online commentator. Each week, over 1 million readers turn to Mauldin for his penetrating view on Wall Street, global markets, and economic history. A tsunami is a wall of water that wipes out everything in its path, typically caused by earthquakes. But first, the water actually disappears from the usual shoreline, leaving land where there should be sea. A tsunami is a wall of water that wipes out everything in its path, typically caused by earthq...

Lake Nona Collaborates with Microsoft Research for First Virtual Lake Nona Impact Forum Share Article Online Event Offers Complimentary Access to One of the World’s Most Exclusive Health Innovation Forums on Thursday, April 22, 2021 from 11 a.m. – 1:45 p.m. EST Lake Nona has collaborated with Microsoft Research to provide a virtual version of its annual Lake Nona Impact Forum for the first time “Everyone has an opportunity to hear thought-provoking conversations from the business leaders, prolific entrepreneurs, tech titans, academics, musical artists, and public health authorities who ...

Why big-spending Biden can shrug off GOP warnings of inflation If persistently rising inflation is coming to the U.S., history suggests it won’t happen until after Biden is out of office. President Joe Biden, accompanied by Treasury Secretary Janet Yellen, speaks as he gets his weekly economic briefing in the Oval Office on Friday. | Andrew Harnik/AP Photo Link Copied Republicans are warning that President Joe Biden is taking a risky gamble that he can carry out his massive spending plans without triggering runaway inflation. Biden is betting on history as his defense. The specter of raging...