Biden and local officials avoid lockdowns, new mask mandates in Omicron battle

WASHINGTON — President Biden and many state and local leaders are urging Americans to wear masks and take other precautions in response to the Omicron variant, but largely avoid adopting broad mask mandates and lockdowns that marked earlier stages of the pandemic . The steps reflect a view that the pandemic is in a different … Read more

As Omicron threat looms, Delta Variant pushes Covid-19 cases higher

Covid-19 cases are on the rise, filling hospitals after the Thanksgiving holiday in places like New York State, New England and the Midwest, fueled largely by the still-dominant Delta strain. As holidays cause artificial declines in reporting of Covid-19 data in the state — followed by a catch up that could boost numbers — the … Read more

Australian drug regulator approves Pfizer vaccine for ages 5-11 | Top News

MELBOURNE (Reuters) – The Australian drug regulator on Sunday tentatively approved the Pfizer Inc coronavirus vaccine for children aged 5 to 11, with the health minister saying the rollout could begin from January 10. “They (the Therapeutics Goods Administration) have made a careful, thorough review, determined that it is safe, effective and that it is … Read more

US drugstores under pressure due to vaccine demand, staff shortages

A flood of vaccine-seeking customers and staff shortages are putting pressure on US drugstores, leading to exhausted employees and temporary pharmacy closures. Druggists are normally busy with flu shots and other vaccines at this time of year, but now pharmacists are dispensing a growing number of COVID-19 injections and giving coronavirus tests. The urge for … Read more

Cathie Wood’s ARK Innovation ETF Sinks During Selloff

A broad sell-off in tech stocks is penalizing fund manager Cathie Wood’s flagship ARK Innovation exchange-traded fund. The popular ETF, which goes by the ticker ARKK and focuses on high-growth, “disruptive” companies, fell 5.5% on Friday, while technology stocks fell sharply. Concerns about inflation and the potential economic impact of the novel Omicron variant of … Read more

What we know about US ommicron cases

On November 30, 2021 in Newark, New Jersey, a COVID-19 testing facility will be advertised at Newark Liberty International Airport. Spencer Platt | Getty Images More than 20 people in 11 US states have tested positive for the ommicron variant of the virus that causes Covid-19. The patients vary in age, vaccination status and travel … Read more

Traders see the next US CPI reading close to 7% as volatile markets try to shake off omicron and the aggressive hub of the Federal Reserve

Financial markets, still on a roller coaster ride given the unknown impact of the coronavirus omicron variant and the aggressive turn of the Federal Reserve, may be in for another surprise when the next US consumer price index report is released Friday. Traders in derivative-type instruments known as “fixings” are betting that the nominal year-over-year … Read more

A new study finds that most COVID-19 boosters boost immunity, even though there’s no winning shot

The first study directly comparing COVID-19 boosters found that most injections improved immune responses in fully vaccinated people, but there’s no clear “winner” to help make a decision. “In terms of a ‘best’ booster, there is no definitive winner, but there are some losers,” analysts from SVB Leerink told investors on Friday. The study, published … Read more

Omicron Variant Notifies Businesses During the Holiday Season

Concerns over a new Covid-19 variant are prompting some US companies to double down on vaccine mandates and rethink organizing holiday festivities this month, while many others are taking a wait and see approach as they look to government agencies for more guidance. Since the discovery of the Omicron coronavirus variant was announced last week, … Read more

Lilly’s Covid-19 Antibody Treatment Approved for Use in Children

The monoclonal antibody drug from Eli Lilly & Co. is approved for emergency use in children under 12, the Food and Drug Administration said Friday. The approval is the first for an antibody drug to treat young children, including newborns, who have tested positive for Covid-19 or have been exposed to the virus and who … Read more