Many Fed officials pointed out that poorer households faced "increasing strains" with high living costs, while savings accumulated during the pandemic had largely run dry, according to the minutes from the June 11-12 meeting.
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Exclusive: Chalkbeat, a nonprofit news organization that covers education at the local level, plans to launch a new outlet called Healthbeat this summer for local coverage of public health, its co-founder Elizabeth Green told Axios. https://trib.al/8nJdKfi
Exclusive: Chalkbeat expands to health care, hires media veterans to run new parent organization
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Pharmacy benefit managers took in nearly $1.6 billion in extra revenue on two cancer drugs in less than three years, a new FTC report finds.
FTC report adds to scrutiny of drug middlemen
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A federal judge in Texas has blocked a Biden administration policy aimed at preventing Medicare insurers from paying agents and brokers to sign people up for certain plans.
Judge pauses new pay cap policy for Medicare brokers
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Exclusive: LinkedIn elevates Nicole Leverich to chief communications officer
Exclusive: LinkedIn elevates Nicole Leverich to chief communications officer
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One of the silliest traditions on Wall Street — the publication of price targets for the S&P 500 — just might be starting to die.
The beginning of the end of market price targets
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Ford is one of the first automakers to use mixed-reality headsets to train factory workers. Axios' Joann Muller wore one to quality-check an engine. Here's how it went:
I used Ford's mixed reality tech to quality-check an engine
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Office vacancy rates reached a record 20.1% in the second quarter — the highest since at least 1979 when Moody's began tracking, Axios Markets correspondent Emily Peck reports. Go deeper: https://trib.al/mrfK3f2
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Biden-era rules protecting workers seem less likely to succeed now that the Supreme Court has overturned the "Chevron deference" doctrine — gutting the power of federal agencies.
Biden-era worker protections are on shakier ground in wake of Supreme Court ruling
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"Digital twin" has become shorthand for AI models that promise to reverse disease, go to boring meetings for us and comfort loved ones after we die. And the market for this tech is expected to balloon.
Welcome to the digital twin baby boom
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