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The household savings stash built up during pandemic lockdowns looks to be mostly spent already, reinforcing fears that the growth rebound from the COVID-19 shock is already waning as the Federal Reserve gears up to reduce support. ....
Australian authorities began doling out emergency COVID-19 vaccine supplies on Thursday in the Sydney suburbs worst hit by an outbreak of the fast-moving Delta strain, as the country reported its biggest one-day rise in COVID-19 infections. ....