Here is what is in the bilateral infrastructure law that Parliament intends to adopt — and how it is paid

The two-party Infrastructure Act was passed by the Senate on Aug. 10 by a 69- to 30-vote vote, with Senate Minority Leader Mitch McConnell among 19 Republicans who joined 50 Democrats in the chamber to support the long-awaited move. But the bill still hasn’t become law, as it needs to clear the House of Representatives … Read more

‘I’ve never seen this before in my life’: this small business owner has raised his starting salary, but in today’s labor market this is not enough

The Sugar Shack donut shop site in Saginaw, Mich., Doesn’t show immediately colorful hand-baked candy. It is instead Landing page darkens and a pop-up message tells visitors, “We’re hiring! Sign up online and join the Sugar Shack team today! That message has been posted for more than a month, said Steven Hartwell, who co-owns the … Read more

Penn National lost more than $ 2.5 billion in valuation after loss of earnings, allegations against Barstool’s Portnoy

Delnice Penn National Gaming Inc. PENN, -21.08% on Thursday then fell by more than 20%. large loss of profit in the third quarter and allegations of sexual abuse against the founder of Barstool Sports. According to Dow Jones Market Data, the fall wiped out more than $ 2.5 billion of Penn National’s market capitalization, the … Read more

“More retailers are lowering their retail price.” Here is exactly what economists think will happen to housing prices in the next few months

Should I buy a house in 2021? Getty Images Mortgage rates are still close to record lows – some 15-year rates are close to 2% and some 30-year rates are below 3%, as you can see here – but many potential buyers, concerned about the recent rise in house prices, are unsure whether they should … Read more

Zillow sinks after the analyst points out that two-thirds of the apartments purchased are underwater

Shares of Zillow Group Inc. fell on Monday after KeyBanc analyst Edward Yruma pointed out that most of the apartments the real estate company bought with a view to reversing them are now worth less than they paid for them. Share Z lost 5.8% in midday trading. Although shares are still up 13.6% since closing … Read more

Why this “perfect storm” for inflation will push Americans back to work and cool speculative markets

Investors are now experiencing a complete storm of inflation in the US Complete storms arise from seemingly small factors. Each in itself may not be particularly important, but the overall result is an event that significantly exceeds the sum of the parts. Inflation is always caused by too much money hunting for too few commodities. … Read more

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