Inflation at 40-year high pressures consumers, Fed and Biden
Inflation jumped at its fastest pace in nearly 40 years last month, a 7% spike from a year earlier that is increasing household expenses, eating into wage gains and heaping pressure on President Joe Biden and the Federal Reserve to address what has become the biggest threat to the U.S. economy.
More omicron detected as hospitals strain under delta surge
New York announced three more cases of the omicron variant of the coronavirus Saturday, bringing the number of state cases linked to the new variant to eight. “The omicron variant is here, and as anticipated we are seeing the beginning of community spread," state Health Commissioner Mary Bassett said in a news release. The number of states finding the variant is growing as well, with Massachusetts, Connecticut and Washington state announcing their first cases Saturday, a day after New Jersey, Georgia, Pennsylvania and Maryland reported their first confirmed cases.news.yahoo.com
Fauci Says Omicron Variant Is Likely Already Here, NY Declares State of Emergency
Chip Somodevilla/GettyParts of the U.S. have begun an all-out assault against the new, highly transmissible Omicron variant of COVID-19 as Dr. Anthony Fauci warned that the variant is likely already circulating in the country.New York Gov. Kathy Hochul declared a state of emergency Friday, limiting hospital capacity to emergency needs as of Dec. 3 and arranging for the purchase of medical supplies. The emergency state, which temporarily bans elective surgeries, will remain in effect until at leanews.yahoo.com
New York Declares State of Emergency as Vaccine Mandate Chaos Looms
Angela Weiss/GettyAs tens of thousands of unvaccinated New York healthcare workers are set to be fired on Monday once the state’s COVID-19 vaccination deadline kicks in, Gov. Kathy Hochul has a plan for a potential staffing shortage: a statewide state of emergency. Hochul said preparations were underway Saturday to make an emergency declaration, clearing the way for healthcare workers not licensed in New York to fill in the gaps of those terminated. The declaration will also allow workers from onews.yahoo.com
Hochul, NY's 1st female governor, vows to end 'distractions'
Kathy Hochul became the first female governor of New York at the stroke of midnight Tuesday, taking control of a state government desperate to get back to business after months of distractions over complaints that her predecessor abused his power and sexually harassed at least 11 women.