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Fattest Profits Since 1950 Debunk Wage-Inflation Story of CEOs

  • Companies post higher margins as pressure for pay hikes grows
  • Deere earnings hit record; workers held out to get 10% raise
Bloomberg business news
Inflation to Fall to 3% Despite Omicron Risk: Fernandez

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In the second year of a pandemic that began by wiping out 20 million jobs, American workers are doing surprisingly well. It’s just that American business is doing even better.