Omicron could push up the jobless rate this month
Bank economists predict three interest rate hikes this year starting in April
As central bank balance sheets swelled, non-banks were overshadowed
Employees using the simplified method can now claim $500, up from $400 last year
Emotions can run high amid quick corrections, advisor says
Meanwhile, other businesses received more money than was needed while some were excluded altogether
For now, omicron hasn't much affected the Fed's economic outlook
Rising inflation makes policy response trickier
The S&P 500 index dropped 106.84 points, or 2.3%, marking its worst day since February
The Finance Department's fiscal monitor says the deficit now reflects current economic challenges caused by Covid-19