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FDA sharply limits use of Johnson & Johnson shot due to rare blood clots The Johnson & Johnson vaccine has been associated with a rare but potentially deadly blood clotting and bleeding syndrome called thrombosis with thrombocytopenia syndrome, or TTS. The condition usually occurs within one to two weeks of vaccination, ...
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Why relief over the Federal Reserve could be short-lived Breaking it down: Federal Reserve Chair Jerome Powell made clear that the central bank plans to get tough quickly to wrangle inflation. The Fed raised its main interest rate by half a percentage point for the first time in 22 years, pushing it to between ...
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The Fed could have trouble avoiding a double-dip recession The Federal Reserve finally seems prepared to whip inflation. The last time the Fed faced surging prices like this, it jacked up interest rates and the US economy endured multiple slowdowns. Do Americans need to fear a repeat of the early 1980s?
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Mortgage rates hit highest level since 2009 "While housing affordability and inflationary pressures pose challenges for potential buyers, house price growth will continue but is expected to decelerate in the coming months." Hoping to curb inflation, the Federal Reserve announced earlier ...
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Stocks dive, a day after their best session in years, as economic fears intensify It was an ugly day on Wall Street, with stocks going from one of their best days in recent memory to one of their worst on Thursday. The Dow fell by 1,063 points, just a day after gaining nearly 1,000 points. The S&P 500 and the tech-heavy Nasdaq ...
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Search histories, location data, text messages: How personal data could be used to enforce anti-abortion laws In some of the most restrictive states, digital rights experts warn that people's search histories, location data, messages and other digital information could be used by law enforcement agencies investigating or prosecuting abortion-related cases.
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OPEC+ sticks to modest oil output hike despite price rally The oil embargo will likely force Russia to reroute flows to Asia and cut production steeply, while the EU will compete for the remaining available supply. Both factors are likely to support elevated crude prices. " ...
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Dow plunges 1000 points, wiping out Wednesday's surge But investors woke up with a binge-trading hangover Thursday, and markets catapulted into the red as they further digested the Fed news. The Dow dropped 1,000 points or 2.9%, the S&P 500 fell 3.3% and the Nasdaq Composite tumbled 4.6%.
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Cerebral stops prescribing Adderall for new ADHD patients as reports of DEA investigation surface The well-funded online mental health startup has faced increased scrutiny from the media and former employees about its prescribing practices. Complaints have surfaced that the company has been too quick to prescribe powerful stimulant drugs.
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Mortgage rates spike to their highest level in nearly 13 years According to data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 5.27 percent with an average 0.9 point. (A point is a fee paid to a lender equal to 1 percent of the loan amount. It is additional to the interest rate.) It was ...
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