Omicron halts travel industry's recovery plans
Tourism businesses that were just finding their footing after nearly two years of devastation wrought by the COVID-19 pandemic are being rattled again as countries throw up new barriers to travel in an effort to contain the omicron variant.
Surging inflation could hinder global economic recovery from the pandemic, OECD warns
A rise in inflationary pressures around the world may be longer-lasting than previously anticipated, posing a fresh risk to the global economic recovery from the coronavirus pandemic, the Organisation for Economic Cooperation and Development said Wednesday.
Private-sector job growth ramps up in November with 534,000 positions added, ADP says
The ADP National Employment Report released on Wednesday morning provided a snapshot of the U.S. labor market in November.
Japan postpones new flight reservations due to omicron
Japan continued its aggressive stance against a new coronavirus variant on Wednesday, asking international airlines to stop taking new reservations for all flights arriving in the country until the end of December in a further tightening of already strict border controls.
Pfizer prepares shipments of antiviral pill for treating COVID-19
Pfizer has prepared the first shipments of its COVID-19 antiviral pill PAXLOVID and sent them to the airport for distribution across Europe and America once it receives approval.
Omicron variant shouldn't alarm Americans, former HHS secretary says
Former HHS secretary and Georgia congressman Dr. Tom Price told “Cavuto: Coast to Coast” Tuesday Americans do not need to “fear” the omicron variant since vaccination rates in the U.S. have been successful.
Has the omicron COVID-19 variant impacted gas prices?
The average price for a gallon of regular gasoline in the U.S. is now $3.39, down one penny from last week, according to AAA.
COVID-19 variant omicron is unlikely to cause severe illness in vaccinated people, BioNTech founder says
Omicron variant could lead to more infections among vaccinated people but they will most likely remain protected from severe illness, according to the inventor of one of the first COVID-19 vaccines.
Fed Chair Powell to tell Congress that omicron variant could threaten U.S. economic recovery
Federal Reserve Chairman Jerome Powell is set to tell Congress on Tuesday that the omicron variant could threaten the U.S. labor market and cloud the inflation forecast.
COVID-19 vaccine effectiveness will likely drop against omicron variant, Moderna CEO says
Stéphane Bancel, the CEO of Moderna, said in an interview published Tuesday that current vaccines for COVID-19 will likely be much less effective against the new omicron variant.
FDA moving to authorize Pfizer-BioNTech booster for 16-, 17-year-olds
The Food and Drug Administration could authorize Covid-19 boosters from Pfizer Inc. PFE -2.96% and BioNTech SE BNTX 4.17% for use in 16- and 17-year olds as soon as next week as concerns rise over a new, possibly more transmissible variant, according to a person familiar with the planning.
Texas man sentenced in PPP loan scheme to more than 9 years in prison
A Texas man who spent government funds intended to help small business owners during the COVID-19 pandemic on luxury cars and other items was sentenced Monday to more than nine years in prison, the Justice Department said.
Kudlow: Call Biden's budget bill the reckless social spending, tax hike, and Green New Deal bill
Larry Kudlow discusses the latest on Biden's social spending bill as Americans worry over the omicron variant
Biden: Strategy for omicron variant is vaccination, not shutdowns
President Biden on Monday said he will be unveiling the details of his administration's plan to tackle the new omicron variant of COVID-19 on Thursday, but clarified that his strategy will not include more lockdowns.
Dow adds 236 points in omicron rebound, Twitter slumps
Stocks rebound from worst selloff of the year as investors assess omicron impact.
Moderna, Pfizer, J&J talk omicron response
As COVID-19's new omicron variant has begun to emerge overseas, vaccine makers Moderna, Pfizer and Johnson & Johnson have outlined their respective strategies to tackle the new strain.
Hospitals prepare to lose staff over COVID-19 vaccine mandate
Some hospitals, nursing homes and other healthcare providers are preparing to operate without up to a third of their staff at the start of next year, if those workers don’t comply with a federal mandate to get vaccinated against Covid-19.
Varney: Omicron is a test of the Biden presidency
FOX Business' Stuart Varney discusses why the omicron variant is an opportunity for the Biden administration.
Omicron variant lockdowns would ‘wreck’ economy, stock market: Steve Moore
Economist Stephen Moore warned of the "catastrophic" impacts that reinstating COVID-19 lockdowns would have on the economy, noting that they are also an ineffective way of reducing the spread of the virus.
Omicron variant: US travel group urges White House to ‘revisit’ reinstatement of country-specific entry bans
An American travel industry group is asking the Biden administration to “revisit the reinstatement of country-specific entry bans in the near term” as the U.S. is tightening its border controls following the emergence of the omicron coronavirus variant.



















