An estimated 62.4% of the U.S. population has received at least one dose of a COVID-19 vaccine at this point, but the nationwide outbreak of the delta variant is an ongoing concern for investors.
On Tuesday, Bank of America economist Aditya Bhave said the delta variant will likely continue to be a drag on the economy through at least the month of September.
Southern Oklahoma doesn't normally spring to mind as a hub for global trade, but economic leaders hope a new 200-acre logistics park will be a catalyst for growth for inbound cargo and exports.
With the global economy suffering from the aftereffects of the pandemic and recession, many people saw their investment portfolios take a hit and are now working to rebuild their finances. This is true even of physicians, many of whom saw their earnings drop in 2020 as patients stayed home.
While supply bottlenecks spurred by the pandemic, coupled with heightened demand, are creating inflation for durable goods, aggregate personal incomes are rising and employment gains are recovering “faster than expected,” Federal Reserve Chairman Jerome Powell said Friday.