Restaurants move one step closer to $ 25 billion in relief

The House of Representatives passed President Joe Biden’s $ 1.9 trillion COVID relief bill early Saturday, meaning restaurants are one step closer to $ 25 billion relief. Under the Restaurant Revitalization Fund, food and beverage businesses with 20 locations or less will be eligible for grants equal to the difference …

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Is Rocket Cyclic Action For You?

VSCyclical stocks tend to follow different stages of the business cycle. When the economy is expanding, unemployment is low and spending high, cyclical stocks tend to do well. In contrast, when the economy slows down and enters a recession, these stocks tend to suffer. Industries considered cyclical are restaurants, airlines, …

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