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Month: June 2022

Fauci tests positive for Covid-19

By Jamie Gumbrecht and Jen Christensen, CNN Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and President Biden’s chief medical adviser, has tested positive for Covid-19, the institute said Wednesday. Fauci, 81, has mild symptoms and has been boosted twice, the institute said in a statement. The institute told CNN

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Fed hikes interest rates by three-quarters of a percentage point in boldest move since 1994

By Nicole Goodkind, CNN Business The Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday in an aggressive move to tackle white-hot inflation that is plaguing the economy, frustrating consumers and stifling the Biden administration. It’s the largest rate hike since 1994, and will affect millions of American businesses and households,

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