The Great Resignation continues to fuel entrepreneurship - November 30, 2021

Stock futures dropped and investors took to government bonds after Regeneron Pharmaceuticals and other drugmakers raised concerns that vaccines and antibody-drug cocktails will not work as well against the Omicron variant. Economists said the global economy could suffer from the variant, potentially undermining policy plans to focus on inflation rather than weak demand. Many countries have already imposed travel restrictions, shaking consumer and corporate confidence and likely limiting holiday economic activity. Fragmented Reactions Hinder Global Fight Against Omicron Variant - The New York Times Omicron lockdown not needed for now, Biden says - BBC News NYC Issues Mask Advisory Due To New Omicron Variant - Forbes​​ @jeannasmialek: Jerome Powell: "The recent rise in COVID-19 cases and the emergence of the Omicron variant pose downside risks to employment and economic activity and increased uncertainty for inflation. The Biden administration announced Monday that it would delay issuing suspensions or other serious penalties in accordance with the federal vaccine mandate until 2022. The American Federation of Government Employees said that for now, agencies will continue offering counseling and education to the roughly 3.5% of workers who have yet to receive a vaccination or request an exemption. Most employers will require workers to get COVID shots, survey shows - USA Today Judge temporarily blocks Biden administration vaccine mandate for health-care workers in 10 states - The Washington Post Rising inflation is leading to price increases across the supply chain as gas prices continue to rise, but the surge in oil prices is just getting started, according to JPMorgan Chase. A report warned clients that Brent crude oil will hit $125 a barrel next year and $150 in 2023, more than double today's Brent price of $73.50. The increase can partially be attributed to more people driving, but oil-exporting countries have chosen to increase production slowly instead of opening the traps, in part due to pressure to