Health

Stocks rally on hopes of relief from China's COVID policy.  Here's why economists think investors are too optimistic.

Stocks rally on hopes of relief from China’s COVID policy. Here’s why economists think investors are too optimistic.

Investors rejoiced over China’s latest COVID policy this week after massive lockdown protests erupted across the country, rocking global financial markets, but economists believe markets have placed “too much great likelihood” that the restrictions will soon be eased. China’s National Health Commission said on Tuesday it would step up COVID vaccinations for the elderly and …

Stocks rally on hopes of relief from China’s COVID policy. Here’s why economists think investors are too optimistic. Read More »

Asian stocks rise except for Japan as markets watch China protests

Asian stocks rise except for Japan as markets watch China protests

TOKYO (AP) — Asian stocks were mostly higher on Tuesday as market jitters eased over protests in China sparked by growing public anger over COVID-19 restrictions. Benchmarks rose in early trading in Australia, South Korea and China, while stocks fell in Japan. Oil prices have fallen. Japanese government data released on Tuesday showed the unemployment …

Asian stocks rise except for Japan as markets watch China protests Read More »

Why China's COVID policies are rattling investors again

Why China’s COVID policies are rattling investors again

Investors in China-related assets who had expected a significant easing of COVID restrictions were disappointed this week as the country battles the worst wave of cases since the outbreak in Shanghai earlier this year. China-related ETFs fell this week, with shares of the iShares MSCI China MCHI ETF, -1.82% lose 3.4%. The KraneShares CSI China …

Why China’s COVID policies are rattling investors again Read More »

Holiday shopping starts with spirits that dampen inflation

Holiday shopping starts with spirits that dampen inflation

NEW YORK (AP) — While Black Friday will mark a return to typical holiday shopping habits, uncertainty remains. The US labor market remains strong, consumer spending is resilient and inflation is moderating. But high prices for food, rent, gasoline and other household expenses weighed on buyers. As a result, many are hesitant to spend unless …

Holiday shopping starts with spirits that dampen inflation Read More »

The Thanksgiving travel rush is back with new habits

The Thanksgiving travel rush is back with new habits

The Thanksgiving travel rush was back this year as people boarded planes in numbers not seen in years, putting inflation concerns aside to reunite with loved ones and enjoy some normalcy after two seasons. holidays marked by COVID-19 restrictions. Changing habits around work and leisure, however, could disperse crowds and reduce the usual stress of …

The Thanksgiving travel rush is back with new habits Read More »

Workers protest and are beaten at virus-hit Chinese iPhone factory

Workers protest and are beaten at virus-hit Chinese iPhone factory

BEIJING (AP) — Workers at Apple’s world’s largest iPhone factory were beaten and detained during protests over pay amid virus checks, according to witnesses and social media videos on Wednesday, as tensions mount over Chinese efforts to tackle a further rise in infections. Videos that said they had been filmed at the factory in the …

Workers protest and are beaten at virus-hit Chinese iPhone factory Read More »

The Thanksgiving travel rush is back with new habits

The Thanksgiving travel rush is back with new habits

The Thanksgiving travel rush was back this year as people boarded planes in numbers not seen in years, putting inflation concerns aside to reunite with loved ones and enjoy some normalcy after two seasons. holidays marked by COVID-19 restrictions. Changing habits around work and leisure, however, could disperse crowds and reduce the usual stress of …

The Thanksgiving travel rush is back with new habits Read More »

Fox News Flash top headlines for November 20

Enoki mushrooms linked to listeria outbreak in two states: public health officials

Enoki mushrooms are linked to an outbreak of Listeria in two states. The Listeria monocytogenes infections sparked a collaborative investigation by the Centers for Disease Control and Prevention (CDC), the Food and Drug Administration (FDA), and public health and regulatory officials. At least two people, one in Nevada and one in Michigan, have been infected …

Enoki mushrooms linked to listeria outbreak in two states: public health officials Read More »

Asia-Pacific leaders condemn war, renew calls for open trade

Asia-Pacific leaders condemn war, renew calls for open trade

BANGKOK (AP) — Leaders across Asia-Pacific have called for an end to Russia’s war on Ukraine and pledged to steer the region’s economies towards sustainable growth as they wrapped up summit meetings on Saturday. Host Thailand won a diplomatic coup by successfully bridging the rifts among the 21 members of the Asia-Pacific Economic Cooperation forum …

Asia-Pacific leaders condemn war, renew calls for open trade Read More »

China eases some quarantines for travelers even as cases rise

China eases some quarantines for travelers even as cases rise

BEIJING (AP) — Travelers arriving in China will spend less time in quarantine thanks to changes to sweeping virus checks announced Friday to reduce disruption to the economy and society. The announcement came as a surge in COVID-19 cases prompted Beijing to close parks and impose other restrictions. The country has reported 10,729 new cases …

China eases some quarantines for travelers even as cases rise Read More »