Signing out of account, Standby...
More Posts on Omicron
A group of New York Fed researchers has developed a new index to measure the critical factors underlying all global economic activity-supply chains.
Around 3,259 flights were canceled in total globally yesterday, of which around 1,474 were in the United States, according to the flight-tracking website, FlightAware.
With the holidays just around the corner, many are scrambling to get tested amid the rapid spread of the Omicron variant.
The letter proposes that the current recommendation be halved -- from 10 days to five -- on the condition of a negative test.
Leaders are scrambling to minimize the highly contagious variant's impact on employees' mental health and engagement, while avoiding another wave of the Great Resignation.
The rebound in initial claims breaks an eight-week straight run of declines.
Ongoing reports of the globally spreading Covid-19 variant have hit stocks and cryptocurrencies hard in recent days.
"Now economic growth faces greater challenges," El-Erian wrote, arguing that the Omicron headlines could revive fears of stagflation, a combination of rising inflation and slowing economic growth.