The central bank plans to shrink its monthly bond purchases at twice the pace it previously proposed, likely ending them altogether in March.
Allison Busemeyer
Retail sales rose a modest, seasonally adjusted 0.3% in November
News about shortages may have pushed some to begin holiday shopping early, in October.
Must employers follow Biden’s vaccine mandates?
The Biden administration says its rule-making authority supersedes any state policies prohibiting the requirements.
Congress sends Biden $2.5 trillion debt limit hike, avoiding default
The House gave final approval to the legislation early Wednesday morning on a near-party-line 221-209 vote.
Paris bar marks 100th birthday of bloody mary
The vodka-tomato juice cocktail is believed to have been invented at Harry’s in 1921.
From small towns to big cities, closed movie theaters leave void
Moviegoing was already on the decline preceding the pandemic, and attendance is recovering slowly from 2020’s industrywide shutdown.
Bosnian ski resorts benefit from lax anti-virus measures
However, the country’s last season was followed in March by a major surge and a spike in COVID-19 deaths.
G-7 warns Russia of ‘massive consequences’ over Ukraine
The foreign ministers unite in condemning Moscow’s military build-up and aggressive rhetoric.
South African president tests positive for COVID-19
Cyril Ramaphosa, 69, who is vaccinated, is being treated for mild symptoms.
California governor wants Texas-like law to ban assault weapons
If it passes in the state Legislature, the statute would let private citizens sue to enforce it.