Daily News
Below please find daily updates pertaining to the latest in financial, business, and tax news:
Online Wall Street Journal News
Omicron Surge Spurs New Covid-19 Relief Push in Congress
Sun, Jan 16, 2022Many in GOP say taxpayers have spent enough, but gyms, minor league ball clubs and others say they were largely left out of previous aid efforts....
Citigroup, GE Diverge on Vaccine Mandate
Sat, Jan 15, 2022American businesses are taking different paths after a Supreme Court ruling against the Biden mandate for big employers....
Some Starbucks, Chipotle Sites Limit Hours, Seating
Sat, Jan 15, 2022The nation’s restaurant industry is facing labor shortages and reduced service as the spread of the Omicron variant of Covid-19 crimps operations....
Elon Musk's Tesla Asked Law Firm to Fire Associate Hired From SEC
Sat, Jan 15, 2022Long dismissive of regulators, the Tesla boss has recently aimed his ire at individuals with ties to regulatory agencies with which he has sparred....
People Really Want to Ski. Vail Is Racing to Keep Up.
Sat, Jan 15, 2022Worker shortages, long lines and less open terrain are making this winter season challenging for the resort titan of the ski industry. “I want you to open my mountain.”...
Omicron, Inflation Drive Down U.S. Growth Outlook
Sun, Jan 16, 2022The combination of higher inflation, supply-chain constraints and the fast-spreading Omicron variant has caused economists surveyed by The Wall Street Journal to trim their forecast for growth to 3.3% for the year....
Economy Week Ahead: China GDP, U.S. Housing
Sun, Jan 16, 2022U.S. housing construction and sales numbers highlight a relatively quiet week for economic data....
Omicron Surge Pressures U.S. Hospitals
Sun, Jan 16, 2022Americans shouldn’t expect the Omicron variant to peak nationwide in coming days, the U.S. surgeon general warned, as the seven-day average for confirmed and suspected Covid-19 hospitalizations hit its highest recorded level....
Covid-19 Test Distribution Plans Put More Pressure on U.S. Supply
Sun, Jan 16, 2022Biden administration’s testing drive adds to pressure on manufacturers as Omicron pushes up demand....
Biden Moves to Remake the Federal Reserve
Fri, Jan 14, 2022President Biden’s recent picks to the Fed’s Board of Governors would bring unprecedented diversity to the 108-year-old institution....