Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers. — Continued Decline In COVID-19 Hospitalizations The Centers for Disease Control reported this week that the number of patients newly admitted to the hospital for COVID-19 averaged 3,376 between September 28to October 4, a 7.8% drop from the previous week.

Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers. — Regulators Expand Eligibility For Vaccine Booster To Children Aged 5–11 As New Cases Spike

Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers. — Moderna Announces Successful Vaccine Phase 2 Trial For Children Under Six

Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers. — Economic Priorities Outweigh Punishing Russia For Ukraine Invasion

Congress needs to pass legislation that fully protects customers and the integrity of financial markets, and crypto asset exchanges should not have the ability to self-certify their products, Commodity Futures and Exchanges Commissioner Christy Romero said in a speech this week. “Given the mainstream adoption of cryptocurrency by retail customers…

Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers. — U.S. COVID Hospitalizations Drop Again In The Latest Week

Welcome to a regular snapshot-review of U.S. and international economic news that aims to 1) provide a window into the challenges and decisions facing businesses today, 2) determine the direction of economic policy — such as the speed at which central banks decide to raise interest rates, and 3) assess what the impact will be for consumers. — Number of U.S. COVID Hospitalizations Drop In The Latest Week

The major federal bank regulators — the Federal Reserve, Federal Deposit Insurance Corp., and the Office of the Comptroller of the Currency — this week issued a joint statement indicating a continued high bar for traditional banks that want to get involved in crypto-related activities. “Given the significant risks highlighted…