The producer price index just surged a record amount, stoking inflation fears. Put together with the previous eleven months, it amounts to a 6.6 percent rise since last May—the largest twelve-month increase on record since 2010. This comes as a billionaire hedge fund manager says he’s keeping a close eye on what the Federal Reserve is going to say.
A hospital in Texas is at the center of the debate around vaccine mandates. Over a hundred employees filed a lawsuit, but the district judge dismissed it. Now they’re appealing the dismissal. The plaintiffs argue that through the vaccine mandate, the hospital was forcing employees “to be human ‘guinea pigs’ as a condition for continued employment.” The hospital system, meanwhile, thinks the employees are endangering their patients by not getting the shot.
