Regeneron’s life-saving antibody drug, FTC chair’s serious antitrust tone, hike in single-family home rent

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Julie Hyman breaks down Wednesday's business headlines, including: An antibody treatment created by Regeneron being able to cut the risk of death from COVID-19, rent for single-families going up 5.3% as record demand for rental homes soars, a federal judge blocks Biden’s ban on leases for drilling on public land which means drilling could resume in Alaska and the Gulf of Mexico, and Biden’s pick for FTC chair signaling the administration’s serious tone on antitrust enforcement.