Earnings

Pfizer hiked its projections for COVID vaccine revenues, telling investors this week it expects booster shots, a vaccine targeting the Delta variant and anticipated authorization of its vaccines for children as young as 6 months will drive revenues higher.

According to federal data, the average American’s wage is on the decline due to inflation.

The real earnings of American workers fell for the fifth consecutive month in May as inflation erased all of the month’s wage gains and more.

President Joe Biden will also address a joint session of Congress for the first time since taking office