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Biden's White House emphasizes the stimulus package and economic optimism, but recovery is still unequal and far away

Biden's White House emphasizes the stimulus package and economic optimism, but recovery is still unequal and far away
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

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Biden's economy shows strength, but recovery is far from complete

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SEWARD, Alaska - Bixler McClure s whale-watching tours in this popular port south of Anchorage are nearly sold out for June and July. He s had so many emails and phone calls begging him for a spot that he recently hired another captain and ordered a third boat. This big expansion of his small business, Seward Ocean Excursions, would have been unthinkable this time last year, when tourism evaporated and he nearly sold a boat to keep the business afloat.
The word on the street in Seward from hotels and Airbnbs is it s going to be a wild summer, McClure said. Airbnb nightly rentals are literally full for all of July. This has never happened this early. ....

United States , North Carolina , White House , District Of Columbia , The White House , Nela Richardson , Jeromeh Powell , Bixler Mcclure , Bernard Baumohl , Joe Biden , Elle Zernia , Joseph Lavorgna , Johnf Kennedy , Deborah Dicks Maxwell , Amy Berrios , Dicks Maxwell , University Of Michigan Consumer Sentiment Index , Census Bureau , Goldman Sachs , Donald Trump National Economic Council , Us Census Bureau , Federal Reserve , Economic Outlook Group , Seward Ocean Excursions , President Joe Biden , Asian American ,

Biden's economy shows strength, with optimism rising, businesses rebounding and hunger decreasing

Biden’s economy shows strength, with optimism rising, businesses rebounding and hunger decreasing
Updated: 2 hours ago
Published 3 hours ago
Visitors to Kenai Fjords National Park near Seward get a look at Exit Glacier. “The word on the street in Seward from hotels and Airbnbs is it’s going to be a wild summer,” said Bixler McClure, who runs whale-watching tours. “Airbnb nightly rentals are literally full for all of July. This has never happened this early.” (Marc Lester / ADN)
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SEWARD, Alaska - Bixler McClure’s whale-watching tours in this popular port south of Anchorage are nearly sold out for June and July. He’s had so many emails and phone calls begging him for a spot that he recently hired another captain and ordered a third boat. This big expansion of his small business, Seward Ocean Excursions, would have been unthinkable this time last year, when tourism evaporated and he nearly sold a boat to ke ....

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Gold Weekly Forecast: XAU/USD could target $1,800 if US T-bond yields push lower

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Gold Weekly Forecast: XAU/USD could target $1,800 if US T-bond yields push lowerANALYSIS
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4/16/2021 4:47:50 PM GMT
Gold registered its largest weekly gain of 2021.
XAU/USD could target $1,800 with a daily close above $1,785.
Gold continues to react to movements in US Treasury bond yields.
The XAU/USD pair spent the first half of the day in a relatively tight range below $1,750 but rose sharply on Thursday amid a steep decline witnessed in the US Treasury bond yields. Gold managed to preserve its bullish momentum ahead of the weekend and advanced to its highest level since late February at $1,783 on Friday. On a weekly basis, the precious metal posted its largest percentage gain since December, nearly 2%. ....

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You Can't Keep a Good Market Down: Dow Logs 4 Weeks of Gains – Courthouse News Service

All three U.S. indices have been soaring for the last month, as investors look to cash in on robust economic data and vaccine optimism.
Pedestrians pass the New York Stock Exchange on Feb. 16, 2021, in New York. (AP Photo/Frank Franklin II)
MANHATTAN (CN) With the momentum of weekly gains already propelling markets forward, Wall Street latched onto booming retail numbers and great earnings reports to keep the party going.
The Dow Jones Industrial Average, which gained 402 points this week after breaching the 34,000 ceiling on Thursday, has posted positive gains for the last four weeks. The S&P 500 Industrial Average netted just 57 points this week by the closing bell, but it has been riding a four-week winning streak. The Nasdaq, which increased 152 points this week, has shown its investors three straight weeks of gains. ....

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