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.