Morning Business Report: July 13, 2021
Jane King discusses the latest business news as of July 13th, including news on Johnson & Johnson’s coronavirus vaccine, rising home prices, American tipping habits and more.
The latest on the Johnson & Johnson shot has linked it to a serious but rare side effect called Guillain-Barré syndrome, in which the immune system attacks the nerves.
The federal reserve says Americans expect prices of homes to keep rising, with consumers saying they expect the price of things like food and gasoline to fall slightly and college tuition to rise.
Americans’ inflation fears reached a fever pitch in June, rising to the highest level since June of 2013 as the price of consumer goods continued to surge.
The pentagon is deciding on a schedule for simulated combat testing of the $398 billion F-35 jet against advanced Russian and Chinese air defenses.
New Studies have found that Americans’ tipping habits hadn’t improved much in the midst of the pandemic, with age playing a factor as to who tips the worst on average.