Tag Archives: Economic

Famed investor Bill Ackman brushes off delta fears and predicts ‘massive’ economic boom

Famed investor Bill Ackman doesn’t think that the delta variant of COVID-19 will put much of a damper on the country’s economic recovery. Ackman, founder and CEO of Pershing Square Capital Management, said that the delta variant is very contagious but is not notably more deadly than other strains of the virus across the world.… Read More »

IMF’s top economist says Covid vaccines are the ‘main weapon’ to achieve a faster economic recovery

A person receives a dose of the Oxford/AstraZeneca coronavirus disease vaccine at the Cacovid isolation centre, Mainland, Infectious disease hospital, Yaba, in Lagos, Nigeria. Majority World | Universal Images Group | Getty Images LONDON — With fears over “vaccine nationalism” steadily becoming a reality in 2021, experts have highlighted to CNBC why it’s in everybody’s… Read More »

Moody’s: Coronavirus stimulus will less economic pain, but credit climate will remain difficult

The $ 2.3 trillion CARES Act follows other fiscal and monetary measures that the U.S. government has taken to address the COVID-19 coronavirus crisis and the resulting economic fallout. While the federal aid package will provide some relief to households, businesses, states and local governments, Moody’s Investors Service expects credit conditions will likely remain difficult… Read More »