Wednesday, May 8th, 2024

Month: October 2022

How the stock market has moved with all 5 of the Fed interest rate increases

Even with worries about an impending recession, investors have been surprisingly upbeat on the days when the Fed has increased interest rates. Investors were unhappy. On Sept. 21, just minutes after the Federal Reserve...

Adidas Ends Partnership with Kanye West

The German sportswear giant is the latest company to cut ties with the rapper and designer after his recent antisemitic outbursts and other provocations. Adidas said on Tuesday that it is cutting ties with...

As US scrutinizes drug price inflation, CT considers step toward price controls

With pharmaceutical companies entering their first month of federal drug pricing reform under the Inflation Reduction Act, a Connecticut board meets Tuesday to weigh any initial impact of the law in Connecticut and other...