Outbreaks/epidemics

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

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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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 …

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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 …

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