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(CNN)As the Omicron variant sweeps the nation, it’s disrupting everything from garbage collection and emergency services, schools and travel as employees are out sick or in quarantine. In New York, trash is going uncollected and three subway lines are closed because so many workers are out sick. Schools and hospitals are reporting staff shortages, too, and airlines continue to cancel […]

Stocks have moved significantly lower over the course of the trading day on Friday, extending the sharp pullback seen in the previous session. The major averages have all slid firmly into negative territory, with the Dow showing a notable drop. The major averages have seen further downside in recent trading, hitting new lows for the session. The Dow is down […]

Asian stocks ended mixed on Monday as Covid-19 worries and concerns that the Federal Reserve will raise interest rates in the near future to tackle inflation offset better than expected Chinese GDP data. Volatility in bond markets and a public holiday in the U.S. also kept investors on edge. Chinese shares rose as data showed the country’s economy grew faster […]

Karin Kimbrough is chief economist at LinkedIn. The opinions expressed in this commentary are her own. Entering year three of the pandemic, the labor market today looks markedly different from when we entered this crisis. At LinkedIn, my team of data scientists and economists has a unique view into how ways of working have shifted — through the lens of […]