Stock futures, oil rise as investors weigh omicron variant
Global stocks fell again on Monday while U.S. equity futures rose, as investors mulled the economic implications of a new, highly infectious Covid-19 variant
WHO criticizes travel bans on southern African countries
The World Health Organization on Sunday urged countries around the world not to impose flight bans on southern African nations due to concerns over the new omicron variant.
Markets worried COVID omicron variant will lead to new restrictions, boost inflation: El-Erian
Allianz CEO Mohamed El-Erian on Sunday said the marketplace is worried that the omicron variant will lead to more travel bans and restrictions, along with continued inflation, after stocks tumbled Friday.
Fed’s Bostic weighs Omicron variant and two rate hikes
Atlanta Federal Reserve President Bostic weighs in on the fast-moving Omicron COVID variant and rates hikes in 2022.
Food insecurity rate on Nantucket — Biden's Thanksgiving getaway location — saw 70% increase in 2021: report
The food insecurity rate on Nantucket, Massachusetts — where President Biden celebrated Thanksgiving at a billionaire's mansion — has increased by more than 70% in 2020, according to a local health assessment.
Vaccine mandate legal challenges muddy the waters for employers preparing to implement rules
The deadline for requiring U.S. workers to be vaccinated or tested weekly for COVID-19 is fast approaching, but uncertainty about how legal fights over the mandate will play out has left companies in limbo on how best to prepare.
Omicron COVID-19 variant: Moderna announces strategy for addressing new variant
Moderna has announced its strategy for addressing the new Omicron variant of COVID-19
Wall Street's fear gauge spikes amid fears over new COVID-19 variant
Wall Street's fear gauge spiked on Friday as a new, highly-mutated COVID-19 variant detected in South Africa prompted some countries to reimpose travel bans, reigniting fears that a resurgent virus could derail the global economy's recovery.
Omicron COVID-19 variant: Pfizer, BioNTech say vaccine could be reworked in 100 days to counter strain
Pfizer and BioNTech said Friday that a COVID-19 vaccine could be developed and produced within 100 days to counter a "vaccine-escape" variant like B.1.1.529.
Dow posts biggest single-day drop this year as new COVID-19 variant triggers market sell-off
U.S. stocks suffered from some of the biggest single-day declines of the year on Friday as a new, fast-spreading COVID-19 variant detected in South Africa triggered fresh fears that a resurgent coronavirus could scuttle the global economy's recovery from the pandemic.
Merck COVID pill effective, experts will review safety: FDA
Federal health regulators say an experimental COVID-19 pill from Merck is effective against the virus, but they will seek input from outside experts on risks of birth defects and other potential problems in pregnant women.
Stock futures, oil drop on concerns over new Covid-19 variant
Global equity markets and U.S. stock futures fell after South Africa raised the alarm over a new, fast-spreading strain of the coronavirus, triggering concern about the potential for new travel restrictions or other curbs that could limit economic activity.
Asian stock markets sink as traders watch Europe virus cases
Asian stock markets sank Friday as traders watched a surge in coronavirus cases in Europe and anti-disease controls that threaten to disrupt trade and travel.
Pfizer to offer COVID-19 vaccine for European kids 5-11
The European Union's drug regulator on Thursday authorized Pfizer’s coronavirus vaccine for use on children from 5 to 11 years old, clearing the way for shots to be administered to millions of elementary school pupils amid a new wave of infections sweeping across the continent.
Jobless claims tumble to 199,000, lowest level since 1969
The Labor Department released new data on the number of Americans filing for unemployment benefits on Wednesday morning, a day earlier than usual due to the Thanksgiving holiday.
Biden touts efforts to cool soaring inflation, says gas prices will fall 'before long'
President Biden on Tuesday outlined the steps his administration is taking to combat surging inflation ahead of the holiday season, saying the different actions will help ease supply-chain bottlenecks and reduce rising gas prices.
Pfizer's COVID-19 vaccine 100% effective in long-term protection for adolescents, trial shows
Pfizer and BioNTech said Monday that longer-term analysis found the companies' vaccine was 100% efficacious against COVID-19 infections in individuals 12- to 15 years old.
Firewood demand soars amid rising fuel costs
Americans’ demand for firewood is on the rise thanks to surging fuel prices, and firewood suppliers are struggling to keep up.
Thanksgiving travel rush: TSA says it's prepared to handle estimated 20M passengers
The TSA has been stepping up hiring efforts around the country in order to be well prepared for the volume of travelers, which will be "notably higher" than what has been seen in recent weeks.
Biden taps Jerome Powell for second term as Fed chair, spurning progressives
President Biden will nominate Jerome Powell to a second term as chairman of the Federal Reserve, signaling that he believes the battle-tested central bank chief is the best person for one of the most high-stakes jobs in the world.



















