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No one likes inflation, but for the most part we don’t notice the impact in our daily routines. But when it hits the dollar stores, people get worked up. Dollar stores have a special place in people’s hearts. The idea of getting a variety of things for a buck a piece juices our psyche and...
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Global cues and activity in the primary market will be in the spotlight on Dalal Street in the week starting December 20, after central banks began to tighten their ultra loose monetary policies. Foreign fund flow and newsflow related to the Omicron variant of COVID-19 will also be in focus. Last week, the Sensex and...
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### Cannabis has long been the economic backbone of Humboldt County. While efforts to quantify exactly how large a contribution cannabis makes to the local economy are challenging, a recent estimate from the Humboldt County Sheriff’s Office states that approximately 4,000 illegal pot farms still operate in the county. Including...
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RIO DE JANEIRO, BRAZIL – Monetary tightening and concerns about the Omicron variant of Covid-19 abroad undermined the resilience of the Brazilian stock market on Friday morning, December 17. After closing high the day before, despite the drop in the U.S. market, the Ibovespa, the main index of the Stock Exchange, was down 1.01% at...
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The current economic environment is fallout from the devastating impacts of COVID. Key economic indicators that reflect the health and vitality of the US economy are economic growth, employment, and aggregate prices. Real Gross Domestic Product, unemployment rate and the inflation rate as reported by the Bureau of Economic Analysis and the Bureau of Labor...
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December 17, 2021 (Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH) joined Senators Chris Coons (D-DE), John Cornyn (R-TX), Todd Young (R-IN), Jeff Merkley (D-OR) and Tom Carper (D-DE) in a bipartisan letter calling on the administration to ensure that President Biden’s new Indo-Pacific Economic Framework pushes the world forward on issues of digital trade, technology and decarbonization....
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It’s particularly challenging timing for the restaurant industry, which is also dealing with massive worker shortages and food inflation, said Sean Kennedy, executive vice president of public affairs for the National Restaurant Association. Already, 90,000 restaurants have closed permanently or long-term, with another 200,000 restaurants still hoping to get pandemic relief money from the federal...
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By Kevin Buckland TOKYO, Dec 17 (Reuters) – The dollar remained under pressure on Friday, a day after the Bank of England and European Central Bank adopted more hawkish stances than markets had expected, giving a boost to sterling and the euro. At the same time, Omicron worries soured sentiment, sinking the risk-sensitive Australian dollar...
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For Democrats, the challenges they faced Thursday just days before their self-imposed holiday deadline appeared immense: Despite considerable legislative legwork, they continued to tinker with a slew of spending proposals related to climate, health care and taxes. They faced a major setback over their attempts to reform immigration. And some admitted they had not yet...
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Major environmental concerns. Oil, gas and coal companies are notorious for products that emit greenhouse gases, which worsen global warming. They also have other potential environmental issues, like oil spills. Not only is this an ethical concern, it also makes energy companies vulnerable to costly lawsuits, which can hurt your returns. A volatile market. Energy...
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