Social Democrat Olaf Scholz elected German leader as Merkel era ends
Scholz, a member of the socialist SPD party, will lead a three-party coalition with the Greens and the pro-business FDP party.
Scholz, a member of the socialist SPD party, will lead a three-party coalition with the Greens and the pro-business FDP party.
There are widespread concerns about Russian military activity on the border with Ukraine and its increasingly aggressive rhetoric.
Last Friday’s VIX spike of 54% on the omicron variant emergence has been followed by more big moves in the Dow, but VIX history says the bull market won’t end.
From a 24-hour period spanning Friday morning to Saturday morning, bitcoin’s price went from about $57,000 to $47,000, losing $10,000, or more than 17%.
The WHO’s Maria Van Kerkhove said there are early indications omicron is more infectious, but additional data is needed.
Holding off on tightening policy is a “lesser evil than acting prematurely,” says Anne Richards, from Fidelity International.
After first identifying the omicron Covid-19 variant, South Africa is bracing for a fourth wave of infections.
Federal Reserve Chairman Jerome Powell indicated Tuesday that the central bank could step up the removal of its efforts to boost the economy.
U.S. futures are sliding, following Asian and European markets lower, on concerns that the new omicron Covid-19 variant could potentially evade vaccines.
Key Points The omicron Covid variant is likely to spread further and poses a “very high” global risk, according to the World Health Organization. It warned Monday that surges of …