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January 28, 2022

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Back to reality at last? Covid rules are being dropped in Europe despite high omicron spread

CNBC
CNBC – For more and to sign up click here People have drinks at a bar along the Rembrandtplein as cafes and restaurants reopened following the relaxation of the Covid-19 measures, in Amsterdam on January 26, 2022. The Netherlands lifted some of Europe’s toughest Covid restrictions with bars, restaurants and......

CDC director says ‘milder doesn’t mean mild’ as Covid hospitalizations reach record high

CNBC
CNBC – For more and to sign up click here Dr. Rochelle Walensky, director of Centers for Disease Control and Prevention attends a Senate Health, Education, Labor, and Pensions Committee hearing to examine the federal response to the coronavirus disease (COVID-19) and new emerging variants at Capitol Hill in Washington,......

Mortgage refinance demand plunges 13% as interest rates climb toward two-year high

CNBC Real Estate
A home for sale in Susanville, CA. Gary Coronado | Los Angeles Times | Getty Images Rising interest rates are causing big headaches for mortgage lenders, especially those who depend most on refinance business. Demand is simply drying up. The average contract interest rate for 30-year fixed-rate mortgages with conforming......

Toilet paper to get pricier after high costs hurt Essity profit

Reuters
STOCKHOLM, Jan 26 (Reuters) – Hygiene products group Essity reported a bigger-than-expected drop in fourth-quarter profit on Wednesday and said it planned to further hike prices in the face of record high costs for raw material, energy and distribution. Operating profit at the world’s second-biggest maker of consumer tissue fell......

Pentagon puts troops on high alert for possible deployment amid Russia-Ukraine tensions

CBS News
CBS News – For more and to sign up click here Pentagon puts troops on high alert for possible deployment amid Russia-Ukraine tensions – CBS News Watch CBS News The Pentagon is preparing U.S.-based troops for a possible deployment ahead of any invasion of Ukraine by Russia. CBS News senior......

Ukraine Live Updates: With U.S. Troops on ‘High Alert,’ Russia Announces New Military Drills

New York Times
New York Times – For more and to sign up click here President Biden held a video conference with European leaders as fears of a Russian invasion of Ukraine deepened. NATO is sending more jets and ships to the region as the West tries to present a united front. Source......

Goldman economist says it’s tough to sustain wage gains of 5% to 6% without ‘meaningfully high’ inflation

CNBC
CNBC – For more and to sign up click here Edwin Lopez sorts the money in the cash register at Frankie’s Pizza on January 12, 2022 in Miami, Florida. Joe Raedle | Getty Images Goldman Sachs’ chief economist said it would be difficult to sustain wage gains of 5% to......

Cramer says selling not done for tech stocks trading at high multiples to sales: ‘Those have had it’

CNBC
CNBC – For more and to sign up click here Jim Cramer Scott Mlyn | CNBC It’s been a bloody few weeks for once high-flying tech stocks and CNBC’s Jim Cramer believes there is still a bit more carnage to go for some parts of the market. “Tomorrow you got......

S.Korea’s GDP growth at 11-year high in 2021 as exports boom

Reuters
A truck drives between shipping containers at a container terminal at Incheon port in Incheon, South Korea, May 26, 2016.REUTERS/Kim Hong-Ji TPX IMAGES OF THE DAY/File Photo Register now for FREE unlimited access to Reuters.com Register S.Korea Q4 GDP s/adj +1.1% Q/Q (Reuters poll +0.9%) -BOK S.Korea Q4 exports +4.3%......

Dynasty Impact: Sell Fast, Sell High After Huge Game From Gabriel Davis

Sports Illustrated
SI – For more and to sign up click here Matt De Lima While the sports media, the Twitterverse and your mother’s uncle are all talking about the controversial result of the NFL’s overtime rules, dynasty managers are looking at the jaw-dropping performance of Buffalo Bills WR Gabriel Davis in......

After snow storm, high school coach cancels workout and tells players to shovel driveways of elderly and disabled neighbors

CBS News
CBS News – For more and to sign up click here A western Pennsylvania high school football team is getting praised after their coach canceled a weightlifting session and told them to shovel driveways for those in need following a snow storm last weekend, CBS station KDKA-TV reports.  Bethel Park High......

Christian Wakeford: Ex-Tory MP ‘threatened’ over Bury high school funding

BBC
Mr Smith, part of the independent party Radcliffe First, added: “I have emailed both the councillor at Bury who is in charge of regeneration and the person who is in charge of the school asking for their input as to whether there is any truth to this, and whether there......

Chill index could be ‘high risk’ for USMNT game

ESPN
A kickoff temperature of about 25 degrees is forecast for the United States‘ World Cup qualifier against El Salvador at Columbus, Ohio, on Jan. 27, with a wind chill index approaching what the U.S. Soccer Federation’s health guidelines call “high risk for cold-related illness.” Walker Zimmerman views winter weather as......

In 90 seconds: How does high inflation affect you?

BBC
https://www.bbc.co.uk/news/business-60058675?at_medium=RSS&at_campaign=KARANGA Annual inflation, the rate at which prices increase, was up at 5.4% in December, the highest value for almost 30 years, according to latest figures.But what does it mean for you? The BBC’s consumer affairs correspondent, Colletta Smith, breaks it down.Read more: Surging food prices push inflation to 30-year......

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