Entire Families Wiped Out by Covid s Carnage in Rural India bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
May 16, 2021
For a nation mired in a pandemic for more than a year, the biggest step toward a return to normal came suddenly, even to U.S. President Joe Biden.
After warning the country on Monday to stay vigilant amid the threat of coronavirus variants, the president found himself three days later striking a different tone, celebrating that the U.S. had already reached a sort of finish line.
Late Wednesday evening, Biden’s White House learned from Rochelle Walensky, head of the Centers for Disease Control and Prevention, that vaccinated Americans could safely shed the face masks that have become a staple of their wardrobes in almost all occasions.
Bloomberg News
Amr Alfiky/The New York Times via AP, Pool
Dr. Rochelle Walensky, director of the Centers for Disease Control and Prevention, speaks during a House Select Subcommittee on the coronavirus April 15.
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WASHINGTON For a nation mired in a pandemic for more than a year, the biggest step toward a return to normal came suddenly, even to President Joe Biden.
After warning the country on Monday to stay vigilant amid the threat of coronavirus variants, the president found himself three days later striking a different tone, celebrating that the U.S. had already reached a sort of finish line.
Over and over again, Federal Reserve officials have advised that any pickup in inflation this year was bound to be transitory. Traders in financial markets, however, aren’t so sure. Investors have become fixated on widespread signs of price pressures as commodities like copper and lumber surge to records, and the bond market’s expectation for inflation over the next decade climbs to an eight-year high. The focus is triggering swings in the stock market, sending the Cboe Volatility Index to the highest since March on Tuesday. The most-recent round of U.S. corporate earnings calls showed the word inflation was back in vogue, with its usage rising 800% from a year ago, according to Bank of America Corp. Even last week’s payrolls report, which showed the U.S. added only about a quarter of the jobs economists expected in April, is being viewed as a sign that companies will have to boost wages to entice more unemployed workers into the labor force.
Minneapolis Fed President Kashkari: U S economy still in a deep hole from Covid-19 pandemic - Minneapolis / St Paul Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.