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El-Erian Calls COVID ‘The Great Unequalizer,’ Warning the U.S. Is Much Less Stable Than Pre-pandemic

Allianz chief economic advisor Mohamed El-Erian answers some big questions about how the U.S. will get back to work. He calls the pandemic “the great unequalizer” and sees increased inequality in every institution he reviews. El-Erian warns this new distribution of …

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Biden’s Proposed 39.6% Top Tax Rate Would Apply at These Income Levels

President Biden’s proposed 39.6% top marginal income tax rate would affect single and married filers with over $452,700 and $509,300 of income, respectively.

JPMorgan Says Big Investors Are Not Buying the Bitcoin Dip, Prices Could Fall Further

It’s been almost two weeks since the price of bitcoin took a dive to $30,000, but institutional investors have so far held off on buying the dip, according to JPMorgan research.

Inflation Bites Chunk out of Personal Income & Spending

Paying even more to get even less. Exactly what American consumers need the most in these trying times.

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