Gas prices could fall under $3 by Christmas, expert says
The national average for a gallon of regular gasoline dropped 2.1 cents on Wednesday.
Jobless claims climb to 220,000 from half-century low
Labor Department figures released on Thursday show how many Americans filed for unemployment benefits the week ending Nov. 27.
Congress barrels toward government shutdown as handful of GOP senators hold out over vaccine mandates
Unless conservative GOP senators relent, Congress appears headed for a government shutdown
Oil’s bear market may be a short one
Oil's bear market is not driven by true supply and demand, therefore it may be short-lived.
Businesses ask Wisconsin Supreme Court to halt governor from outing companies with COVID positive staff
The largest small business advocacy organization in the U.S. is calling on the Wisconsin State Supreme Court to stop Gov. Tony Evers from publishing the names of companies that have had employees test positive for COVID-19.
Kudlow: In the Biden philosophy, success is penalized and failure is rewarded
Larry Kudlow discusses the omicron variant as the first case is identified in the country
Fed's Powell pledges faster tapering timeline won't 'disrupt' markets
Federal Reserve Chairman Jerome Powell assured lawmakers on Wednesday that a move by the U.S. central bank to speed up its withdrawal of support for the U.S. economy should not disrupt the markets, one day after his comments precipitated a massive nosedive on Wall Street.
Remdesivir expected to remain effective against omicron variant, Gilead says
After conducting an initial genetic analysis of more than 200 available sequences of the omicron variant, including those from South Africa, Asia and Europe, the biotechnology giant has found no new mutations present in the strain that are expected to alter the viral RNA polymerase compared to previous COVID-19 variants.
Republican senators consider threatening government shutdown to defund Biden vaccine mandates
The government runs out of funding on Friday, and Republican senators are threatening to shut down the government in order to defund President Biden's vaccine mandates.
Omicron-specific vaccine testing underway: Moderna chairman responds to first omicron variant detected in US
Moderna chairman Noubar Afeyan joins 'The Claman Countdown' to discuss the first omicron case in the U.S and how his company is responding to it.
Amazon accused of underreporting work-related COVID-19 cases
The Strategic Organizing Center, a coalition of four labor unions, issued a report claiming that it reviewed data Amazon sent to the Occupational Safety and Health Administration in 2020.
Omicron halts travel industry's recovery plans
Tourism businesses that were just finding their footing after nearly two years of devastation wrought by the COVID-19 pandemic are being rattled again as countries throw up new barriers to travel in an effort to contain the omicron variant.
Surging inflation could hinder global economic recovery from the pandemic, OECD warns
A rise in inflationary pressures around the world may be longer-lasting than previously anticipated, posing a fresh risk to the global economic recovery from the coronavirus pandemic, the Organisation for Economic Cooperation and Development said Wednesday.
Private-sector job growth ramps up in November with 534,000 positions added, ADP says
The ADP National Employment Report released on Wednesday morning provided a snapshot of the U.S. labor market in November.
Japan postpones new flight reservations due to omicron
Japan continued its aggressive stance against a new coronavirus variant on Wednesday, asking international airlines to stop taking new reservations for all flights arriving in the country until the end of December in a further tightening of already strict border controls.
Pfizer prepares shipments of antiviral pill for treating COVID-19
Pfizer has prepared the first shipments of its COVID-19 antiviral pill PAXLOVID and sent them to the airport for distribution across Europe and America once it receives approval.
Omicron variant shouldn't alarm Americans, former HHS secretary says
Former HHS secretary and Georgia congressman Dr. Tom Price told “Cavuto: Coast to Coast” Tuesday Americans do not need to “fear” the omicron variant since vaccination rates in the U.S. have been successful.
Has the omicron COVID-19 variant impacted gas prices?
The average price for a gallon of regular gasoline in the U.S. is now $3.39, down one penny from last week, according to AAA.
COVID-19 variant omicron is unlikely to cause severe illness in vaccinated people, BioNTech founder says
Omicron variant could lead to more infections among vaccinated people but they will most likely remain protected from severe illness, according to the inventor of one of the first COVID-19 vaccines.
Fed Chair Powell to tell Congress that omicron variant could threaten U.S. economic recovery
Federal Reserve Chairman Jerome Powell is set to tell Congress on Tuesday that the omicron variant could threaten the U.S. labor market and cloud the inflation forecast.