Small business optimism plunges in September as labor shortage persists
Sentiment among U.S. small business owners plunged in September as pandemic-induced supply disruptions and a persistent labor shortage weighed on the economy's recovery.
Top Ohio hospitals requiring COVID-19 vaccinations for transplant candidates, donors
Cleveland Clinic patients currently on the waiting list to receive an organ transplant from a deceased donor have until Nov. 1 to meet the new policy. Patients who do not meet the vaccination deadline will be made inactive on the United Network for Organ Sharing (UNOS) waitlist.
Fed's Bostic warns inflation surge 'will not be brief' amid wild consumer price spikes
Atlanta Federal Reserve President Raphael Bostic warned Tuesday that a recent burst of inflation is unlikely to dissipate anytime soon as pandemic-driven supply constraints continue to trigger wild swings in consumer prices.
IMF trims global growth outlook, warning of supply disruptions and surging inflation
Surging inflation and supply chain disruptions are hampering the global economic recovery from the coronavirus pandemic, the International Monetary Fund warned on Tuesday.
FDA Staff Don’t Take Position on Moderna COVID-19 Booster
Food and Drug Administration staffers in an unusual move didn’t take a stance on Moderna Inc.’s MRNA +0.72% application for a booster dose, indicating there may not be sufficient data to support the extra dose.
Return to office for workers reaches pandemic high as employees trickle in
The number of workers returning to traditional office space has been edging higher since the week of Labor Day, when an average of 31% of the workforce was back in the 10 major cities monitored by Kastle Systems. The average hit 35% during the week that ended Oct. 1 and 36% during the week that ended Oct. 8, a new high during the pandemic period, said the security company that tracks access-card swipes.
FDA to meet over Moderna, Johnson & Johnson vaccine booster shots
The U.S. Food and Drug Administration (FDA) will meet this week to debate whether or not extra doses of the Moderna, Inc. and Johnson & Johnson Janssen vaccines should be distributed, to whom and when.
US inflation expectations surge to highest level since 2013
Americans' inflation fears skyrocketed to another record high in September, driven by the rising price for an array of consumer goods, according to a Federal Reserve Bank of New York survey published Tuesday.
Former Frontier CEO says oil prices hitting $80 a barrel is 'pretty challenging'
Former Frontier Airlines CEO and Manifest founder and CEO Jeff Potter on how high energy prices are impacting travel.
Amazon return-to-office plans left up to managers
Amazon has decided that it will be up to individual managers as to whether or when their teams will return to the office, and how often.
DeSantis unemployment bonus phaseout boosted Florida economy, study claims
Florida Gov. Ron DeSantis delivered a strong boost to the Sunshine State's coffers and economy by ending the extra federal unemployment benefits early, a new study finds.
Teamsters accused of hypocritical restrictions on unvaccinated employees: report
Members of the International Brotherhood of Teamsters (IBT) allege that the prominent union is punishing unvaccinated staffers and are publicly touting their rights on the issue, according to a new report.
Merck asks FDA to authorize anti-COVID pill for emergency use
Drugmaker Merck asked federal health officials Monday to greenlight its experimental pill against COVID-19, which could make history as the first oral antiviral medicine to treat the harrowing virus.
Fully vaccinated and had COVID-19? No rush for a booster shot, experts say
People who both had COVID-19 and are vaccinated don’t need to rush to get the boosters now rolling out across the U.S., health experts say.
Target launches holiday price-match guarantee to gain competitive edge
Starting Sunday, the Minneapolis-based retailer is launching its "Holiday Price Match Guarantee" program as it works to gain an edge over competitors.
COVID-19 patients to face medical debt burden as insurance plans stop cost sharing waivers
The Kaiser Family Foundation estimates that approximately 72% of the two largest insurers in each state and Washington D.C., or 102 health plans, are no longer waiving out-of-pocket costs for COVID-19 treatment, while another 10% of plans will phase out waivers by the end of October and another 12% will phase out waivers by the end of 2021.
Pfizer tells workers to be vaccinated by Nov. 15 or face disciplinary action
Pharmaceutical giant Pfizer recently reminded employees that they could face disciplinary action if they do not comply with a companywide vaccine mandate ahead of an upcoming deadline.
Elizabeth Warren attacks Amazon for refusing to ban COVID vaccine 'misinformation' books
Sen. Elizabeth Warren, D-Mass., attacked e-commerce giant Amazon after the company refused to remove vaccine "misinformation" books from its website.
September jobs report misses with gain of just 194,000: Here's what happened
America’s employers added just 194,000 jobs in September, the second straight month of disappointing payroll growth as the spread of COVID-19 continued to dampen the labor market's recovery from the pandemic.
Weak September jobs report due to COVID pandemic, US Labor Secretary Marty Walsh says
Labor Secretary Marty Walsh blamed the COVID-19 pandemic on September’s disappointing jobs report, which was released on Friday, arguing the delta variant affected economic activity and, therefore, job growth.