The Russian government held a press conference Thursday claiming that Hunter Biden helped finance a US military 'bioweapons' research program in Ukraine
Investors expect the Federal Reserve to move much more aggressively with hiking interest rates in the coming months as inflation rises to multidecade highs.
In a statement on Friday, former President Bill Clinton said the Clinton Global Initiative (CGI) will be making its comeback to address the many challenges facing the world today, from climate change to Russia’s invasion of Ukraine to the coronavirus pandemic.
Goldman Sachs has informed U.S. employees who are returning to offices they will have to get a COVID-19 booster shot, if eligible, by Feb. 1 in order to enter company premises as Omicron spreads throughout the country, while New York registers one of the highest infection rates.
Inflation numbers due to be released later Friday by the U.S. Bureau of Labor Statistics (BLS) are expected to show consumer prices rising at their fastest pace since 1982, with investors bracing for what could be a market-moving data drop.
U.S. unit labor costs rose sharply in the third quarter, while productivity declined at its fastest pace since 1960, adding to signs of persistently high inflation.