Health

An aerial view of the University of Michigan Hospital.

UM Health to acquire Lansing-based Sparrow Health System

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University of Michigan Health Acquires Lansing-Based Sparrow Health System, Central Michigan’s Largest Hospital System with Six Campuses in Charlotte, Ionia, St. Johns, Carson City and Lansing, and 500 Primary Care Providers and Specialists . The deal was approved Thursday by the University of Michigan board of trustees. Sparrow Health System’s board of directors signed the …

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China announces withdrawal of strict anti-COVID-19 measures

China announces withdrawal of strict anti-COVID-19 measures

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BEIJING (AP) — In a sharp turnaround, China announced a series of measures rolling back some of its most draconian anti-COVID-19 restrictions, including limiting tough lockdowns and ordering schools with no known infections to resume classes. regular. The National Health Commission, in a 10-point announcement on Wednesday, stipulated that COVID-19 tests and a healthy health …

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People who are still afraid of catching COVID-19 are costing the US economy billions of dollars

People who are still afraid of catching COVID-19 are costing the US economy billions of dollars

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More than two years into the coronavirus pandemic, social distancing is preventing some workers from returning to work. That’s according to this working paper distributed by the National Bureau of Economic Research. Some people are not ready to let their guard down, knowing that COVID-19 has not gone away. Some 13% of American workers say …

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UK health and wealth divides widening despite push to ‘level up’, report says

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People in the UK are becoming ‘sicker and poorer’, with a gaping gap in health and wealth between regions only getting worse, research shows. Economic inactivity due to illness is at its highest level since records began, with 2.5 million working-age adults inactive due to health, says the IPPR report, to be released later this …

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FDA change ushers in cheaper, easier-to-get hearing aids

FDA change ushers in cheaper, easier-to-get hearing aids

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It’s now much easier — and cheaper — for many hearing-impaired Americans to get help. Hearing aids can now be sold without a prescription from a specialist. Over-the-counter, or OTC, hearing aids began hitting the market in October at prices that can be thousands of dollars lower than prescription hearing aids. About 30 million people …

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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.

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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 …

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Asian stocks rise except for Japan as markets watch China protests

Asian stocks rise except for Japan as markets watch China protests

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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 …

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Why China's COVID policies are rattling investors again

Why China’s COVID policies are rattling investors again

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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 …

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Holiday shopping starts with spirits that dampen inflation

Holiday shopping starts with spirits that dampen inflation

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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 …

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