For Fadi Achour, the general manager at Delta Hotels in suburban Detroit, September can’t come soon enough. He is operating with less than half his normal staff. Room service and overnight cleaning has been nixed. The restaurant has limited hours and a bare-bones menu.
New York Gov. Andrew Cuomo (D) is pleading for citizens and businesses to return to the Big Apple after implementing harsh COVID restrictions for more than a year. During a recent virtual conference with the Association for a Better New York, Cuomo urged companies to bring employees back to working in person.
Americans expect more inflaton this year and remain uneasy about the direction of the economy, the University of Michigan’s survey of consumers showed Friday.
Global money managers funneled nearly $1 trillion into U.S. financial assets in the first half, signaling the American economy is primed to dominate post-COVID markets.