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a man on a precipice

A gap between the vaccine haves and have-nots is expected to widen

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Residential investment has far outpaced business investment

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The measures would seek to avoid an unprecedented default on U.S. national debt

finding money

Sales declined in eight of 11 subsectors, representing 65.6% of retail trade

Man and woman sitting in cafeteria discussing finance for the month. Stressed couple looking at bills sitting in restaurant wearing uniform apron. Cafe staff sitting together looking at expenses and bills. (Man and woman sitting in cafeteria discussi

Only 35% of businesses are back to normal sales levels, the CFIB says

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Americans spent more last month on clothing, electronics and dining out

United States Federal Reserve System symbol

The Fed chair signalled no imminent change to ultra-low interest rates

a man on a precipice

The central bank expects inflation to run above 3% for the rest of the year

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The increase has heightened concerns that the Fed might introduce rate hikes earlier than expected

Federal reserve building, Washington DC

The central bank said in a report that its low-interest-rate policies are providing “powerful support”