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US Treasury Freezes Billions In Afghan Reserves, Depriving Taliban Of Cash

After handing the Taliban US-supplied military hardware on a silver platter thanks to the botched Afghanistan withdrawal, the Biden administration scrambled to deprive the terrorist organization of funding - freezing Afghan government reserves held in US bank accounts, and blocking the Taliban from accessing billions of dollars held in US institutions, according to the Washington Post, citing two people familiar with the matter.

An early warning from New York

Manufacturing activity growth decelerated sharply in New York.

House moderates reject Pelosi’s simultaneous-vote proposal on spending bills

A group of moderate House Democrats rejected Speaker Nancy Pelosi’s attempts to fashion a compromise on the timing of the $1.2 trillion infrastructure package and a broader $3.5 trillion party line spending bill.

Hyatt buys Apple Leisure Group and its 100 hotels for $2.7 billion

Hyatt Hotels (NYSE: H) agreed to buy resort operator Apple Leisure Group from KKR and KSL Capital Partners for $2.7 billion in cash.

Infrastructure ‘paid for’ with borrowed money

Congress 'relying on gimmicks and quirks of the budget scoring process'

Companies’ mixed messages about Delta variant’s impact

Companies are experiencing different degrees of impact from the recent COVID spike.

Sharp Rise in Job Postings Stipulating Vaccine Requirements: Report

The number of job openings posted on the Indeed hiring platform stipulating COVID-19 vaccines as a condition of employment has risen sharply in recent weeks, popping up in sectors with little interpersonal contact, according to the company’s research arm.

Woke Capitalism: Steve Forbes Rebukes American Express over Critical Race Theory Training

Steve Forbes criticized American Express (AmEx) for an internal “anti-racist” program that described capitalism as racist and deployed the common tropes of Critical Race Theory (CRT).

Study shows Biden putting Americans $4.3 trillion further in debt

President claimed spending would 'be fully paid for'

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