Free Covid Tests Return as Fed Hikes Rates, Oil Prices Surge, Klaviyo Founders See Windfall, and Hiring Outlook Cautious for 2023
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The federal government has reopened its free at-home Covid-19 testing program after a months-long pause. Each household can order one pack of 4 tests.
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The Federal Reserve raised interest rates by 0.75% and indicated rates will remain elevated for longer than expected, worrying investors.
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Oil prices reached a 10-month high, with Brent crude topping $95/barrel. Some experts predict it could surpass $100.
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Billionaire founders of marketing software firm Klaviyo saw their net worths skyrocket in the company's public debut as shares surged 23%.
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A survey found employers plan a cautious approach to hiring in 2023 amid economic uncertainty. Job seekers should use the holidays to update profiles and network.