Text size Federal Reserve Chairman Jerome Powell at a news conference on Wednesday, Dec. 15, 2021. Michael Nagle/Bloomberg You didn’t think it would be that easy, did you? We’re referring, of course, to the Federal Reserve’s shift to inflation-fighting from a policy of economy boosting. When the Fed announced on […]
Covid
CVS Health will face a new challenge in the coming year: proving to investors it can drive growth and retain customers, even as demand for Covid vaccines and testing fades. Shares fell 5.45% to close Wednesday at $104.79, after the health-care company beat expectations for fiscal fourth-quarter earnings, but declined […]
The 10 richest men in the world have seen their global wealth double to $1.5tn (£1.01tn) since the start of the global pandemic following a surge in share and property prices that has widened the gap between rich and poor, according to a report from Oxfam. Urging governments to impose […]