Business Highlights: Fed questions, wobbling stock market | AP News

WASHINGTON — With inflation surging, unemployment falling and wages rising, some economists are warning that the Federal Reserve may have waited too long to reverse its ultra-low-rate policies — a delay that could put the economy at heightened risk.

NEW YORK — Stocks ended slightly lower on Wall Street Monday after recouping much of an early slide.

The announcement followed new revelations around Clarida’s trading in a stock fund in February 2020, when the coronavirus threatened to upend the global economy and the Fed was discussing extraordinary measures to counter its impact.

A poll from The Associated Press-NORC Center for Public Affairs Research finds just 37% of Americans say COVID-19 is a top priority for the government to work on in 2022, compared with 53% who said it was at the start of last year.

state of Louisiana and the flash floods that hit Europe last summer have helped make 2021 one of the most expensive years for natural disasters.

NEW YORK — Take-Two Interactive, maker of Grand Theft Auto and Red Dead Redemption, is buying Zynga, maker of FarmVille and Words With Friends, in a cash-and-stock deal valued at about $12.7 billion.

The Internal Revenue Service warned Monday that a resurgence of COVID-19 infections on top of less funding from Congress than the Biden administration had requested could make this filing season particularly challenging.

Angelou was an American author, poet and Civil Rights activist who rose to prominence with the publication of “I Know Why the Caged Bird Sings” in 1969.

While many companies instituted more robust sick leave policies at the beginning of the pandemic, some of those have since been scaled back with the rollout of the vaccines, even though the omicron variant has managed to evade the shots.

The Russell 2000 index of smaller companies slipped 8.66 points, or 0.4%, to 2,171.15.

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