U.S. Economy
More contagious omicron BA.2 on track to displace other variants in U.S. in next two weeks
A resident receives a Covid-19 swab test during a mobile clinic at Saint Paul MB Church in Cleveland, Mississippi, on Saturday, Jan. 8, 2022. Rory Doyle | Bloomberg | Getty Images The more contagious omicron BA.2 subvariant now makes up 72% of Covid infections that have undergone genetic sequencing in the U.S., according to data […]
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Senators reach $10 billion Covid funding deal for therapeutics, vaccines and testing
U.S. Senator Mitt Romney (R-UT) speaks during 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., January 11, 2022. Greg Nash | Pool | Reuters Senate Republicans and Democrats reached a deal Monday on $10 […]
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FDA says Covid vaccines may need to be updated to ensure high level of effectiveness against virus
A healthcare worker administers a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, U.S., on Wednesday, Jan. 26, 2022. Vanessa Leroy | Bloomberg | Getty Images The currently approved Covid-19 vaccines may need an update to ensure a high level of protection as the virus […]
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How the hotel industry is fighting its human trafficking problem
Human trafficking generates about $150 billion a year globally in illegal profits, according to the International Labour Organization, and poses a complicated challenge for major hotel chains. In 2020 there were more than 10,000 reported cases of human trafficking in the U.S., with 72% of those related to sex trafficking, according to the National Human […]
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Myocarditis risk higher after Covid infection than Pfizer or Moderna vaccination, CDC finds
A healthcare worker administers a Covid-19 test in San Francisco, California, on Monday, Jan. 10, 2022. David Paul Morris | Bloomberg | Getty Images People infected with Covid-19 face a higher risk of myocarditis and other inflammatory heart conditions than those vaccinated against the disease, according a large study published by the Centers for Disease […]
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Long-term unemployment tumbles in March as job market stays hot
A job seeker receives information from a recruiter during a job fair in Miami on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images The ranks of the long-term unemployed fell again in March, edging closer to prepandemic levels as the job market offers ample opportunity for workers. Long-term unemployment is a period of joblessness […]
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Why Russia’s invasion of Ukraine could spark a NATO defense spending spree
The Russian invasion of Ukraine is unleashing a new era of military spending across Europe. Member countries of the North Atlantic Treaty Organization, such as Germany, have done an about-face on its defense budget in recent weeks. “The Russian invasion of Ukraine was a wake-up call for a lot of Germans, for politicians and for […]
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CDC will end sweeping order used to expel migrants at U.S. borders during Covid pandemic
Pedestrians wait to cross into the U.S. at the San Ysidro Port of Entry border crossing bridge in Tijuana, Mexico, on Sunday, March 20, 2022. Cesar Rodriguez | Bloomberg | Getty Images The Centers for Disease Control and Prevention will lift a sweeping public health order that has allowed the U.S. to expel more than […]
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General Motors’ U.S. sales slumped in the first quarter, trailing rival Toyota’s
A Chevrolet pickup truck is seen at the Knapp Chevrolet dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images General Motors’ first-quarter U.S. sales fell 20% from a year ago, in line with analysts’ expectations, as ongoing supply-chain issues disrupted its production and kept dealers’ inventories tight. But GM’s North America […]
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Anonymous’ next cyber target: Western companies still doing business in Russia
In addition to Russian entities, Anonymous says it’s now targeting some Western companies. Jakub Porzycki | Nurphoto | Nurphoto | Getty Images The “hacktivist” collective known as Anonymous said it has a new target in its “cyber war” against Russia — Western businesses that are still doing business there. A post on March 21 from […]
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