Fed to begin tapering. Nations pledge to phase out coal. Merck’s Covid pill approved.

<p>Julia Chatterley is live from New York. Here are the top business news stories today! </p> <p>Taper time! Stocks rise even as fed slows stimulus support. COP contradictions! Nations unite to curb fossil fuels, as Biden tells OPEC - pump more oil. Merck's magic! The pharma giant's Covid pill approved by UK regulators.</p> <p>It’s Thursday, let’s make a move. </p><p>To learn more about how CNN protects listener privacy, visit cnn.com/privacy</p><p> </p><p>Learn more about your ad choices. Visit podcastchoices.com/adchoices</p>