$1 billion in federal economic grants headed coast to coast

Washington (AFP) – The government will send $1 billion in federal grants for manufacturing, clean energy, agriculture, biotechnology and more to 21 regional partnerships across the country, President Joe Biden and Minister of Commerce Gina Raimondo announced Friday. 21 were selected out of 529 initial applicants Competing for grants that were part of last year’s … Read more

Expect the jobs report to get hot and could lead to an aggressive Fed

An “We’re Hiring” sign is placed at the Target store on August 5, 2022 in San Rafael, California. Justin Sullivan | Getty Images Job growth in August may have slowed from July’s frenetic pace, but it is still expected to be very strong, with broad-based employment in many sectors. Monthly jobs data is always important, … Read more

Market players are beginning to fear a critical policy mistake from the central bank

A screen displays a Federal Reserve rate announcement as a trader works (inside a post) on the floor of the New York Stock Exchange (NYSE) in New York, June 15, 2022. Brendan McDermid | Reuters The US Federal Reserve Last week hit a hawkish tone on fighting inflation through monetary policy, but analysts are concerned … Read more