Emergency funds go to gas stations, trash cans, jazz festival Yesterday, the Federal Reserve raised rates by 75 basis points, in line with market expectations. Its target ran for overnight rates is now 2.25–2.5%, which is near its estimate of the longer-r
Located along a remote stretch of Highway 395, the Fort Independence Travel Plaza touts a dozen gas pumps, clean restrooms and made-to-order meals for travelers visiting California’s Eastern Sierra.
The facility, which provides revenue for a Paiute Indian tribe, is about to quadruple in size thanks to an $8 million federal grant that will help build a new gas station with room for cultural displays and locally made products.
It’s one of hundreds of tourism-related projects nationwide that are collectively getting about $2.4 billion from the American Rescue
Plan, according to an Associated Press analysis of funds flowing from last year’s wide-ranging coronavirus relief law.
The money is paying for graffiti-resistant trash cans in Portland, Oregon, culturally diverse music festivals in Nashville, Tennessee, sports facilities in various cities and new marketing campaigns to attract tourists to particular states — sometimes in direct competition with one another.
“Our goal is to get people traveling again. Period,” said Dave Lorenz, chairman of the National Council of State Tourism Directors and the
With the FOMC statement not containing any significant surprises, it was up to Fed Chair Jerome Powell to communic
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That corresponds with a tor among dozens of eligible or wire mesh. The city cit- included $2.2 million to help
this year, the Fed could, for example, hike by 50bps, 25bps, and 25bps to hit that level. This would be in line with our vi
similar increase in state touruses — alongside health ed “a substantial increase in replace old snowmaking
going into today's meeting. Powell seems to be saying that even after the recent higher-than-expected inflation data, t
ism office budgets, which care, housing and unemployment the amount of trash, graffi- equipment at Frost Fire Park
FOMC's view on how much further they need to hike rates hasn't changed very much.
have rebounded to pre-pandemic programs — for a $350 ti, and vandalism” during ski resort in North Dakota, levels thanks to the billion pool of flexible aid the pandemic, asserting that $1.6 million to help build a
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