China’s economy is paying the price for the nation’s Covid Zero policy, with industrial output and consumer spending sliding.
Reports from the region detailed how Beijing residents were stockpiling essentials over weekend in anticipation of stringent stay-in-place orders.
China increasingly left to its own devices in bid to rescue its economy and markets from the Covid crisis as the rest of the world withdraws stimulus.
An acute labor shortage in the restaurant industry has pushed employment in the sector about 1.5 million jobs below pre-pandemic levels.
Florida and Texas have long abandoned indoor masking requirements, major coastal cities are finally rolling back COVID-related restrictions.
Redmond, WA-based company, said it will remain a flexible workplace, told employees that they’ll be able to work from home up to half the week.
“Folks are beginning to say, ‘It feels like we are peaking, and going to start to come down the other side of the curve.’” Comm. Sec. - Gina Raimondo.