Tag Archives: epidemics and outbreaks

[ad_1] CNN  —  More than $60 billion may have been paid out in fraudulent unemployment insurance benefits during the Covid-19 pandemic, according to a report released Monday by the US Government Accountability Office. The watchdog agency, however, warned that the estimate has limitations and should be interpreted with caution. The …

[ad_1] New York CNN  —  Just this week, Alphabet, Google’s parent company, Microsoft (MSFT) and Vox Media announced layoffs that will affect more than 22,000 workers. Their moves follow on the heels of job cuts earlier this month at Amazon, Goldman Sachs and Salesforce. More companies are expected to do …

[ad_1] Minneapolis CNN  —  The pandemic dislodged the global supply chain, hurling once smoothly running businesses, industries and economies into a state of disarray. After almost three years of enduring wild swings and extremes, the system is slowly getting up to speed and into better sync: Ocean freight timelines are …

[ad_1] CNN  —  A new Covid-19 variant, XBB.1.5, is spreading rapidly throughout the United States. In December 2022, the proportion of new Covid-19 infections due to this Omicron offshoot have increased from 4% to 18%, according to a January 6 release from the US Centers for Disease Control and Prevention, …

[ad_1] Hong Kong CNN  —  In the years before Covid, China was the world’s most important source of international travelers. Its 155 million tourists spent more than a quarter of a trillion dollars beyond its borders in 2019. That largesse fell precipitously over the past three years as the country …

[ad_1] Minneapolis CNN  —  The US economy added 223,000 jobs in December, according to the monthly employment report from the Bureau of Labor Statistics, capping a year of extraordinary job growth and marking the second-best year for the labor market in records that go back to 1939. The unemployment rate …

[ad_1] Washington, DC CNN  —  It is almost as if the wild turns in the Manhattan real estate market during the pandemic didn’t happen. Almost. The frenzy to buy apartments in Manhattan took off in 2021 as the city bounced back from the worst of the pandemic. But it nosedived …

[ad_1] Minneapolis CNN  —  For a year that held promise of a return to normalcy, 2022 threw plenty of curve balls at the American consumer. Supply chains remained in disarray as ongoing snarls were drastically worsened by lockdowns in China and Russia’s invasion of Ukraine, average US gas prices shot …

[ad_1] Minneapolis CNN  —  When the coronavirus pandemic ground the transportation industry to a screeching halt in early 2020, the US government doled out more than $54 billion in aid to help pay employees and keep the systems from buckling. Southwest Airlines received more than $7 billion from that program. …

[ad_1] CNN  —  President Joe Biden spent hours during his first foreign trip behind closed doors, attempting to reassure a shaken group of US allies that America was back. It was clear, he later told advisers, just how much work remained to convince them of the durability of that commitment. …