Walmart joins Microsoft in TikTok bid, Fed moves on inflation policy, US athletes sit out games

Walmart is partnering with Microsoft in its bid for the US operations of TikTok, and the Federal Reserve is adopting a new strategy for monetary policy that will be more tolerant of temporary increases in inflation. Plus, the FT’s Sara Germano explains how walkouts by professional US athletes are influencing the conversation about police brutality and racial injustice. Walmart enters race for TikTok US with Microsoft partnershiphttps://www.ft.com/content/70551adb-7a6e-47a1-a6d1-070efaa957fdFed to tolerate higher inflation in policy shifthttps://www.ft.com/content/e1e59faa-5005-4e1c-9d54-b1a8d4de9586Black athletes boycott US sports leagues as protests escalate after Blake shootinghttps://www.ft.com/content/c7bb647a-e5fb-4644-8446-9afb69a8e363 Hosted on Acast. See acast.com/privacy for more information.