September's inflation numbers were tied for the record since 2008, and were above consensus expectations yet again. With inflation being so severe and persistent, the messaging about inflation is about to change. First, it was…
Restaurant Business Plummets in Cities With Vaccine Mandates
Restaurant reservations have plunged in cities with vaccine mandates so far this year compared to pre-pandemic data. New York City saw a 68% drop in reservations on Jan. 24 compared to 2019 data, OpenTable reported based on online,…
Business Owners Sue Mayor Over Covid-19 Mandate
Over half a dozen restaurants in Minneapolis have banded together in a joint suit levied at Mayor Jacob Frey this week over recently instated vaccine mandates. The city announced on Jan. 12 that any establishment that serves food…
Citigroup to Fire Unvaccinated Workers
Citigroup will be the first major Wall Street institution to enforce a vaccine mandate by terminating noncompliant workers by the end of this month. The bank reminded employees in a memo sent Friday about its policy, first disclosed in October,…
Despite Omicron Crisis Holiday Sales See Positive Spike
Holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and a raging new COVID-19 variant in the last few weeks of the season, according to one spending…
First Antiviral Pill Against Covid-19 to Seek FDA…
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. The drugmaker submitted an Emergency Use Authorization (EUA)…
US Hiring Drops Sharply Amid Delta
U.S. hiring downshifted abruptly in August with the smallest jobs gain in seven months, complicating a potential decision by the Federal Reserve to begin scaling back monetary support by year end. Nonfarm payrolls increased 235,000…
Stocks Near Record Highs With an Unpredictable Future
Stocks are hitting record highs this week despite a tumultuous global and national economy according to the Epoch Times. The Federal Reserve is maintaining low interest rates during the pandemic recovery but investors have different…
