Business News – 04-29-2021

1st Quarter results show surge in U.S. Economic growth alluding to speedy recovery from pandemic

  • Economists say that this boom has come from the effects of large amounts of federal spending proposed by President Biden and greater vaccination rates to encourage people to resume spending and billions of dollars of covid-inspired savings 
  • Inflation rose from 1.5% to 3.5% but GDP saw a growth of 6.4%

Seven Stations To Be Bought From Gray Television, Inc. By Allen Media for $380 Million

  • The Stations that Byron Allen’s “Allen Media” will buy are highlighted below
  • KVOA in Tucson, Arizona
  • WKOW in Madison, Wisconsin
  • KWWL in Cedar Rapids, Iow
  • WXOW in La Crosse Wisconsin 
  • WAOW in Wasua and Rhinelander Wisconsin
  • WREX in Rockford, Illinois

By K Buenavista

Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.