September's inflation numbers were tied for the record since 2008, and were above consensus expectations yet again. With inflation being so severe and persistent, the messaging about inflation is about to change. First, it was…
First Antiviral Pill Against Covid-19 to Seek FDA…
Drugmaker Merck asked federal health officials Monday to greenlight its experimental pill against COVID-19, which could make history as the first oral antiviral medicine to treat the harrowing virus. The drugmaker submitted an Emergency Use Authorization (EUA)…
US Hiring Drops Sharply Amid Delta
U.S. hiring downshifted abruptly in August with the smallest jobs gain in seven months, complicating a potential decision by the Federal Reserve to begin scaling back monetary support by year end. Nonfarm payrolls increased 235,000…
Stocks Near Record Highs With an Unpredictable Future
Stocks are hitting record highs this week despite a tumultuous global and national economy according to the Epoch Times. The Federal Reserve is maintaining low interest rates during the pandemic recovery but investors have different…
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CDC Reverses Stance on Masks for Vaccinated Americans
On Tuesday, the Centers for Disease Control and Prevention reversed its guidelines for vaccinated Americans. Now, the CDC says that vaccinated Americans should wear face coverings indoors to help protect against the delta variant. This…
4 Pandemic-Driven Financial Habits Worth Keeping
According to Nerdwallet, Americans had to revamp how they approach their finances over the past year as a result of higher unemployment and pay cuts. The study found that most Americans who adopted new spending…
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Fedex Profits Rise Despite Pandemic
FedEx Corp.'s quarterly profit nearly tripled and revenue jumped 23%, despite winter storms in the U.S. that disrupted its delivery operations and sapped its profit by $350 million. The package giant, like rival United Parcel…
CDC Issues New Social Distancing Guidelines
The Centers for Disease Control and Prevention (CDC) has updated K-12 school distancing guidelines to reflect that they can safely reopen while maintaining 3 feet of space between students as long as there is universal mask use. However, in communities where coronavirus transmission is…