The Biden administration’s dramatic expansion of the role of the federal government in business, banking, and society, and sharp break from the deregulatory approach of the Trump presidency
After a promising start to morning trading, the major stock indexes turned sharply negative Friday with the S&P 500 tumbling into bear market territory and the Dow Jones Industrial Average setting up for the longest streak of weekly losses since the Great Depression.
Netflix has announced a new round of layoffs, choosing this time to let go of over 150 employees. Many of the laid off employees were involved with “LBGT+ and BIPOC” projects.
The U.S. Food and Drug Administration (FDA) today authorized a booster dose of the Pfizer-BioNTech COVID-19 vaccine for children ages 5 to 11, without convening its vaccine advisory panel of independent experts to discuss Pfizer’s data on 5- to 11-year-olds — and based on a study subset of only 67 children, CNBC reported.