(Bloomberg) — The highly contagious omicron virus variant is disrupting already stressed food supply chains, sickening so many workers that more shortages at grocery stores are all but certain. Supermarkets have been struggling to keep food fully stocked throughout the pandemic as a result of labor shortfalls in every part of the food system, from […]
Read MoreThe surging Omicron variant has helped underline the need for booster shots, including perhaps even a fourth jab, as Israel is currently trialing. So why are the stocks of leading COVID-19 vaccine makers tanking? Shares of Moderna have fallen almost 35% in the past month. BioNTech, whose mRNA technology is behind the Pfizer vaccine, has […]
Read MoreThere are any number of dynamics that come to play in the markets at any given time, which means that the ebb and flow of a nation’s economic health can be tied to a lot of other societal elements, including political and geopolitical shifts, social perceptions and changes, and as we have seen for almost […]
Read MoreOMG, omicron! The new, fast-spreading B.1.1.529 strain of coronavirus declared a variant of concern by the World Health Organization roiled global markets on Black Friday, raising concerns about how the economy and Wall Street may perform in the coming week, following a selloff that wiped out November gains for the S&P 500 index WHO said that […]
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