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2 million Americans will lose extra unemployment benefits — here's when it will happen in your state


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Dow Jones
By Elisabeth Buchwald
Governors in these 18 states say these benefits, which were set to expire in September, contribute to the mounting complaints from employers who cannot fill job vacancies
More than 2 million Americans across 18 Republican-led states are going to be cut off from enhanced federal unemployment benefits that have prevented millions of Americans from living in poverty in the coming weeks.
Their governors say these benefits, which were set to expire in September, are overly generous and are contributing to the mounting complaints they hear from employers who cannot fill job vacancies.
It has become clear to me that we cannot have a full economic recovery until we get the thousands of available jobs in our state filled, Gov. Tate Reeves, a Republican from Mississippi, tweeted this week. ....

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5 compelling reasons for Biden to dump Jerome Powell


5 compelling reasons for Biden to dump Jerome Powell
MarketWatch
5/6/2021
OUTSIDE THE BOX
© Getty Images
Federal Reserve Board Chairman Jerome Powell doesn t meet the high standards to serve the American people.
By this fall, President Joe Biden will decide whether to renominate Jerome Powell as chairman of the Federal Reserve, a fact surely on Powell’s mind each day. Every Fed chair craves the nomination of presidents of both parties as a bipartisan imprimatur.
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As a creature of Washington, Biden is surely attracted to the symbolism of blessing one of the former guy’s guys. Powell has also made some decisive moves toward easing the Fed’s institutional tendency to over-worry about price stability. When the Fed promised in August to emphasize the full-employment side of its mandate, it at least quashed the institution’s official inflation scaremongering, even if other voices picked up the slack.  ....

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