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Scranton Pandemic Business | Eyewitness News

SCRANTON, LACKAWANNA COUNTY (WBRE/WYOU) — As the pandemic took a toll on many existing businesses throughout Northeastern and Central Pennsylvania, some actually began their business. Downtown Scranton is an example of that which welcomed the hair salon The Mane Room in September 2020 and Commonwealth Coffeehouse which opened this past February. Greater Scranton Chamber of […]

June Consumer Prices Likely Rose Sharply Again as Economy Rebounded

U.S. consumer prices likely continued to climb swiftly in June, as the economic recovery gained steam and demand outpaced the supply of labor and materials. Economists surveyed by The Wall Street Journal estimate that the Labor Department will report the consumer-price index increased 5% in June from a year ago, matching May’s increase and continuing […]

IMF ‘Helping To Stabilize World Economy’ With SDRs Issuance, ‘But More Will Be Needed’ – Eurasia Review

The announcement last Friday that the International Monetary Fund (IMF) executive board approved an allocation of $650 billion worth of Special Drawing Rights (SDRs) is a “much-needed step in the right direction,” Center for Economic and Policy Research (CEPR) Co-Director Mark Weisbrot said, “but more will be needed, and IMF member countries should aim at ultimately allocating […]

Dow, S&P, Nasdaq hit records ahead of bank earnings Tuesday

Cresset Capital founder Jack Ablin and Payne Capital Management’s Courtney Dominguez join ‘Making Money with Charles Payne’ U.S. stocks rose across the board as investors position themselves ahead of key inflation data and earnings from the likes of JPMorgan and Goldman Sachs, both due Tuesday.  The Dow Jones Industrial Average rose over 130 points or […]