By Howard Schneider ATLANTA (Reuters) - The U.S. Federal Reserve's pledge in 2020 to sustain "broad-based and inclusive" employment through loose monetary policy was considered a bold response to the pandemic, putting its muscle behind the idea that low unemployment...
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Business
S&P 500 ends lower on mixed Fed messages, PCE on deck
By Stephen Culp NEW YORK (Reuters) - U.S. stocks edged lower on Wednesday as a robust upward GDP revision eased recession fears, while Federal Reserve officials' remarks raised questions about the duration of the central bank's restrictive policy. The Nasdaq joined...
US health insurers Humana, Cigna in talks to merge -source
By Anirban Sen and Deena Beasley (Reuters) -U.S. health insurer Cigna is in talks to merge with peer Humana, a source familiar with the matter said on Wednesday, a deal that could exceed $60 billion in value and would be certain to attract fierce antitrust scrutiny....