Paxlovid may be the most potent COVID-19 therapy currently available.
Russia’s invasion of Ukraine “has put an end to the globalization we have experienced over the last three decades,” says Larry Fink.
Have you been to the grocery store lately?
Some school systems around the U.S. extended their holiday break Monday or switched back to online instruction because of the explosion in COVID-19 cases, while others pressed ahead with in-person classes amid a seemingly growing sense that Americans will have to learn to co-exist with the virus.
Caught between pleas from teachers fearful of infection and parents who want their children in class, school districts in cities such as New York, Milwaukee, Chicago, Detroit and beyond found themselves in a difficult position midway through the academic year because of the super-contagious omicron variant.
The United States on Sunday reached 800,000 coronavirus-related deaths, according to a Reuters tally, as the nation braces for a potential surge in infections due to more time spent indoors with colder weather and the highly transmissible Omicron variant of the virus.
The milestone means the U.S. death toll from this one virus now exceeds the entire population of North Dakota.
With Thanksgiving in the rearview mirror, the holiday season is upon us in markets across all asset classes. The end of 2021 comes as markets face the prospects of central bank tightening, higher taxes, and new outbreaks of another COVID-19 variant.
Economic powerhouses Japan and France reported their first cases of the omicron variant Tuesday, while new findings indicate the mutant coronavirus was already in Europe close to a week before South Africa sounded the alarm.
The Netherlands’ RIVM health institute disclosed that patient samples dating from Nov. 19 and 23 were found to contain the variant. It was last Wednesday, Nov. 24, that South African authorities reported the existence of the highly mutated virus to the World Health Organization.
On the day after the Thanksgiving holiday in the US, news that another COVID-19 variant is emerging from South Africa roiled markets across all asset classes.
On Tuesday, Nov. 29, 1910, American inventor Ernest Sirrine received US Patent number 976,939 for his “Street Traffic System,” an early innovation in traffic signaling.
The number of Americans applying for unemployment benefits dropped last week to the lowest level since November 1969, a sign that the US job market is continuing to recover from the COVID-19 pandemic.
In the week ending Nov. 20, filings for initial unemployment benefits fell 71,000 to 199,000, according to data released Wednesday by the Labor Department. https://www.dol.gov/ui/data.pdf
The four-week average of claims declined by 21,000 to just over 252,000 &...
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