COVID-19
Beyonce’s ‘Break My Soul’ is a sign the Great Resignation ‘has seeped into the zeitgeist,’ says labor economist
Beyoncé released a new single, “Break My Soul,” on Monday. The song references quitting a job and employee stress, alluding to the recent Great Resignation trend. Larry Busacca | PW18 | Getty Images The Great Resignation is part of the zeitgeist. If you need proof, just ask Beyonce. The superstar singer’s new single, “Break My […]
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Macao’s Covid outbreak shuts most businesses and restaurants, but casinos stay open
Macao’s government relies on casinos for over 80% of its income, with most of the population employed directly or indirectly by the casino industry. Dragon For Real | Moment | Getty Images The world’s biggest gambling hub Macao began its second day of mass Covid-19 testing on Monday, with banks, schools, government services and other […]
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It’s getting harder to gauge your Covid risk levels—tracking these 4 metrics can help
For more than two years, the daily count of new Covid-19 infections has been how most people understood the trajectory of the pandemic. Now, experts say, daily case counts don’t mean what they used to — making them a much more flawed metric. People should still take precautionary measures against Covid, but for an otherwise […]
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Dr. Anthony Fauci tests positive for Covid, is having mild symptoms
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, attends a Senate Health, Education, Labor, and Pensions Committee hearing to examine the federal response to the coronavirus disease (COVID-19) and new emerging variants at Capitol Hill in Washington, D.C., U.S. January 11, 2022. Greg Nash | Reuters Dr. Anthony Fauci, the […]
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1980s-era rate hikes designed to fight inflation will create more market turmoil, Canaccord’s Tony Dwyer predicts
Stocks may go into a deeper tailspin. Canaccord Genuity’s Tony Dwyer predicts 1980s-era interest rate hikes will exacerbate the turmoil and make a recession seem increasingly more likely. “Typically, I’ve been bullish over the years. But there’s a money availability problem,” the firm’s chief market strategist told CNBC’s “Fast Money” on Monday. “Ultimately, you have […]
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The California exodus continues as residents head south of the border
More than 360,000 people left California in 2021, in what some are calling “The California Exodus” — many leaving for states like Texas, Arizona and Washington. And a rising number of former Californians are migrating out of the country altogether and are instead heading south of the border. Many are seeking a more relaxed and […]
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This Covid wave might be the start of our ‘new normal,’ experts say—here’s what you need to know
Packed indoor events and fully booked flights where masks are few and far between suggest that the pandemic is a distant, unpleasant memory. In reality, Covid-19 cases have steadily increased nationwide since the end of March. Hospitalization and death rates remain low, and will likely stay that way. But beyond that, many experts say they’re […]
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Why Californians are fleeing to Mexico
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email In 2021, more than 360,000 people left California in what many are calling the “California Exodus” as residents move to states like Texas, Arizona and Washington. But a rising number of them are migrating out of the country and instead, heading south […]
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OECD slashes global growth prediction on Ukraine war and China’s zero-Covid policy
The OECD estimates that global gross domestic product [or GDP] will reach 3% in 2022 — a 1.5 percentage point downgrade from a projection done in December. Nurphoto | Nurphoto | Getty Images The Organization for Economic Cooperation and Development has become the latest international institution to cut its predictions for global growth this year. […]
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Even if oil hits $150 a barrel, J.P. Morgan’s Marko Kolanovic predicts stocks will reclaim 2022 highs
J.P. Morgan’s Marko Kolanovic predicts oil is surging higher — but so are stocks. Kolanovic, who serves as the firm’s chief global markets strategist and co-head of global research, believes the U.S. economy is strong enough to handle oil prices as high as $150 a barrel. “There could be some potential further spikes in oil, […]
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