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Volume on Mute, Be Cautious, Spending High Jinks, Delta Blues, Way-Out Wayfair

Volume on Mute, Be Cautious, Spending High Jinks, Delta Blues, Way-Out Wayfair
thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.

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Will delta variant wreck the recovery?


 
The good economic news, when it comes to the ascendant delta variant of the coronavirus, is that it puts the economy at risk in only two ways. The bad news: They are supply and demand.
So far, the recovery remains robust by most available data. Real-time indicators of business activity show little evidence that Americans are pulling back their economic activity in any meaningful way.
But while there is no reason to expect a repeat of the huge disruption of 2020, the new variant puts at risk the kind of rapid recovery that has been underway for months. Just as major parts of the economy were figuring out how to return to full functioning, this may amount to throwing sand in the gears.

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Consumer spending is expected to boost U.S. economic growth

Consumer spending is expected to boost U.S. economic growth
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Will the Delta variant wreck America's economic recovery?


Will the Delta variant wreck America’s economic recovery?
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By Neil Irwin
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The good economic news, when it comes to the ascendant Delta variant of the coronavirus, is that it puts the world’s largest economy at risk in only two ways. The bad news: They are supply and demand.
So far, the recovery in the US remains robust by most available data. Real-time indicators of business activity show little evidence that Americans are pulling back their economic activity in any meaningful way.

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Will the delta variant wreck the recovery?

Will the delta variant wreck the recovery?
bdnews24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bdnews24.com Daily Mail and Mail on Sunday newspapers.

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Sunburn — The morning read of what's hot in Florida politics — 7.26.21

Sunburn — The morning read of what's hot in Florida politics — 7.26.21
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BofA: the Delta Covid Variant Could Make American Shoppers Lock Down Again

BofA: the Delta Covid Variant Could Make American Shoppers Lock Down Again
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U.S banks brace for digital dollars as the next big disruptive force

U.S banks brace for digital dollars as the next big disruptive force
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Wall Street Banks Brace for Digital Dollars as the Next Big Disruptive Force


A digital dollar would resemble cryptocurrencies such as bitcoin or ethereum in some limited respects, but differ in important ways.
Rather than be a tradable asset with wildly fluctuating prices and limited use, the central bank digital currency would function more like dollars and have widespread acceptance. It also would be fully regulated and under a central authority.
Myriad questions remain before an institution as large as the Fed will wade in. But the momentum is building around the world.
"A major move to introduce central bank digital currencies (CBDCs) could actually disrupt the financial system," Chetan Ahya, chief economist at Morgan Stanley, said in a report for clients. "Efforts to introduce CBDCs are gaining momentum, with as many as 86% of the world's central banks exploring digital currencies."

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Una mirada a tres mujeres en las finanzas de EEUU

Una mirada a tres mujeres en las finanzas de EEUU
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