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Day: August 3, 2021

Infrastructure bill pulls $31 billion from Covid disaster loan program

d3sign | Moment | Getty Images A Senate infrastructure measure unveiled this week would pull $31 billion from a Covid disaster-loan program for businesses. The Economic Injury Disaster Loan program was one of the mechanisms Congress used to help ailing businesses stay afloat during the pandemic. It was initially plagued by issues such as delays …

Infrastructure bill pulls $31 billion from Covid disaster loan programRead More

Biden approval ratings on Covid and economy fall in new CNBC All-America survey

President Joe Biden held on to his overall approval rating in the latest CNBC All-America Economic Survey but showed weakness in two key areas as the public’s views on the economy and the outlook for the virus soured. In the poll of 802 American adults nationwide, 48% approved of the job Biden is doing as …

Biden approval ratings on Covid and economy fall in new CNBC All-America surveyRead More

EURJPY Rebounds But Downside Risks Remain In Force

EURJPY is drifting across the 129.61 level, which happens to be the 50.0% Fibonacci retracement of the up leg from 125.08 until 134.12, after the bearish correction bounced off the 200-day simple moving average (SMA). The 200-day SMA is defending the positive structure, while the 100- and 50-day SMAs are suggesting that negative powers are …

EURJPY Rebounds But Downside Risks Remain In ForceRead More