Wall Street steadies following Omicron slide; stocks rise


Wall Street is steadying itself Monday from last week's slide caused by the newest coronavirus variant, as investors wait for more clues about just how much damage it may do to the economy.

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Latest Economic News

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  • Mexico seizes 380,000 boxes of Kellogg's cereal

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  • Grocery store workers call refusal to reinstate pandemic pay 'insulting'

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  • U.K. says there is 'deal to be done' to resolve feud with EU

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    LONDON - Britain's foreign minister expressed optimism Friday that there is a "deal to be done" to resolve a Northern Ireland trade dispute that has soured the U.K.'s relations with the European Union. Foreign Secretary Liz Truss struck an upbeat tone after her first set of talks with European Commission Vice President Maros Sefcovic, the bloc's chief Brexit negotiator. Source
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  • Fire at Kuwait refinery kills 2 and critically injures 5

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    DUBAI, United Arab Emirates - A fire erupted in Kuwait during maintenance work at a major oil refinery on Friday, killing two workers and critically injuring five others, the Kuwait National Petroleum Company said. This is the second fire to erupt at the Mina al-Ahmadi oil refinery in as little as three months. Source
  • 'Mass confusion' amid changing messaging on trucker vaccine mandate: industry leader

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    Industry experts are expressing concerns that this week's confusion on the new COVID-19 vaccine mandate for truckers may leave some drivers, who were under the impression they would be exempt, stuck if they are already en route. Source