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Amazon introduces Halo fitness tracker and health subscription

Amazon.com Inc. AMZN, -1.26% launches a new healthcare brand called Amazon Halo, combines artificial intelligence tools with a wrist-worn fitness tracker, and competes with Fitbit Inc. FIT, + 0.31% and capitalize on trends for home training amid the pandemic. The Halo app will provide “insights” on sleep patterns, activity, workouts …

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Fed adopts ‘average inflation target’ of 2% as new policy

The Federal Open Market Committee on Thursday announced that it has approved changes in its written policy strategy that are widely seen as leading to an easier position of monetary policy over time. In a statement, the Fed said it had adopted an “average inflation target” and acknowledged the benefits …

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