Fed's Powell warns Omicron poses risks to US economy – Times of India

African fashion designers on Monday paid tribute to American star designer Virgil Abloh for helping “open the door” and allowing them to be seen and heard in the global industry.

Inflation pressures to persist ‘well into next year’: Powell

Fed’s Powell warns Omicron poses risks to US economy

President Joe Biden plan virtual summit of democratic countries on December 9-10; being excluded, China and Russia decry US in joint op-ed.
A rare joint opinion article by the ambassadors of China and Russia has sharply assailed President Joe Biden’s plans for a virtual summit of democratic countries, from which they were pointedly excluded.
Biden vaccine rule for health workers blocked in 10 states
A federal judge has blocked President Joe Biden’s administration from enforcing a coronavirus vaccine mandate on health care workers in 10 states that had brought the first legal challenge against the requirement.
Stocks rise as Wall Street steadies following omicron slide

Two US senators talking to Manchin about objections to EV tax credit
Two Democratic US senators said on Monday they are in talks with a key fellow Democrat over his objections to a proposal to provide a $4,500 tax incentive for union-made US electric vehicles as part of the “Build Back Better” legislation before the Senate.
A nearly 10-month Pentagon review released on Monday provided few details on the future of the military’s global posture but said that President Joe Biden’s administration would make decisions by working with allies.

Have seen 26% increase in containers going through US ports over last four weeks, Walmart CEO says.

Fed’s Powell says new innovation hub will help central bank improve payments
The New York Federal Reserve launched a new innovation center on Monday that will support the central bank as it explores the possibility of a digital currency, assesses the financial risks associated with climate change and tackles other issues such as financial market infrastructure and regulation.
Walmart CEO says container flow through in Southern California ports has increased 51%

Russia fines Google 3 million roubles for not deleting banned content
A Moscow court fined Alphabet Inc.’s Google 3 million roubles ($40,400) on Monday for not deleting content that it deemed illegal.
Ghislaine Maxwell targeted young girls for abuse, prosecutor says

January 6 panel to vote on contempt charges for Jeffrey Clark, former DOJ lawyer who declined to answer questions on Trump

Biden vaccine rule for health workers blocked in 10 states

No plans to restrict Biden travel in light of new Covid variant: White House

White House says it wants Iran to return to 2015 nuclear deal as indirect talks resume

White House says US agencies can delay punishing unvaccinated federal workers

Biden on Thursday will put forward a strategy on how to fight Covid-19 this winter: White House

Feds ask ships to slow down to protect rare whales near NYC
Scientists have detected a rare species of whale southeast of New York City, and the federal government is using a voluntary protected zone to try to keep them safe

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