Kemp will distribute up to $1.2 billion in cash to poorer Georgians

Atlanta (AFP) – Governor Brian Kemp said Monday he will spend up to $1.2 billion in payments of $350 per person to Georgians who benefit from Medicaid, subsidized child health insurance, food stamps or cash care assistance. The move comes on top of Kemp’s proposals last week to spend $2 billion in state surplus, split … Read more

Play Powell-itics as inflation target in perit

Fed officials don’t speak too much: The central bank and its chief, Jerome Powell, believe the 2% inflation target is sacrosanct and would risk a recession and a bear market to get there. So why are the markets going up so hard – as if Powell is about to cut rates soon, not raise them? … Read more