Fed eyes interest rate hikes amid growing concerns over inflation - December 16, 2021

Apple indefinitely delayed the date which corporate employees will return to the office, announcing its new return date is “yet to be determined.” The company said it would provide an additional $1,000 to each employee to help furnish home offices. Tim Cook, Apple’s chief executive, said the decision was made due to the surge of COVID-19 cases, fueled by the omicron variant. Apple temporarily closes three stores in response to rising Covid rates - CNBC 'Boost everybody.' CEOs should mandate boosters before returning office workers, Andy Slavitt says - CNN Reddit confidentially filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering, saying it sits at a valuation of about $10 billion. Reddit has been seeking to build on the attention it gained when its WallStreetsBets forum became a hot spot for the individual investors who rallied around Gamestop Corp. and other stocks. Meme stocks AMC and GameStop tumble to lowest levels in months as investors dump risky positions - CNBC A Wild, Emotional Year Has Changed Investing—Maybe Forever - Bloomberg @newley: The company counts Sequoia Capital, internet giant Tencent Holdings Ltd. and venture firm Andreessen Horowitz among its backers. Reddit, founded in 2005, in March named its first finance chief. At the time, it said it had about 52 million daily users. Vox Media will merge with Group Nine Media Inc., a deal that unites two of the biggest players in digital publishing. In August, Vox Media agreed to acquire cocktail website Punch and has continued exploring ways to raise cash for further growth. Mergers and acquisitions in 2021 stimulated the initial post-pandemic economic recovery, hitting an all-time peak of 1.52 trillion in the third quarter. Why publishers like Vox Media are merging with their biggest rivals - The Washington Post SPAC merger troubles get worse - Axios The Federal Reserve policymakers said they would cut back more quickly on their pandemic-era stimulus at a moment of rising prices and strong ec