Consumer spending rose 0.6% last month, and the number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week.
“Today is a very calm day; it’s the relief over Omicron apparently not being as bad as we feared,” said Ryan Detrick, chief market strategist at LPL Financial.
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US testing struggles to keep up with Omicron - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.A surge in US COVID-19 cases from the Omicron variant is overwhelming testing capacity in high-infection areas like New York City due in part to staffing shortages among healthcare workers and the limited number of open test sites, according to interviews with more than a dozen officials, health providers, and test-makers.
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