Money

Delta Airlines employees to fork out $200 per month if they aren’t vaccinated

Published

4 years ago

August 26, 2021

America’s third largest airline, Delta, is set to impose a $200 monthly fee for unvaccinated employees

In addition to the new mandate – Delta Airlines also says it will only pay sick pay to COVID sufferers who have been fully vaccinated but still get infected.

The airlines CEO, Ed Bastian said it would help stem the “aggressive spread” of coronavirus as infections rise across the US.

Delta Air Lines’ brand new A220 jet lands at Hartsfield-Jackson International Airport in Atlanta, Ga. on Tuesday, December 18, 2018. (Photo by Chris Rank/Rank Studios 2018)

It is the latest attempt by a big firm to encourage staff into getting the jab

In a statement, Mr Bastian stated that the airline’s surcharge would apply from 1st of November to staff enrolled in its healthcare insurance plan, meaning most of its 75,000 workers will be impacted.

Bastian confirmed that the average hospital stay for Covid-19 now cost Delta $50,000 per person which was “untenable”.

“This surcharge will be necessary to address the financial risk the decision to not vaccinate is creating for our company,”

Masks also become a mandated requirement to the unvaccinated

Additionally, from 30 September unvaccinated staff at the airline will also be required to undertake weekly COVID-19 tests and the use of masks will be compulsory in all wear in all indoor Delta settings.

“In recent weeks since the rise of the B.1.617.2 variant, all Delta employees who have been hospitalised with Covid were not fully vaccinated.”
The Ceo said.

The latest announcement from Delta Airlines comes as US firms continue trying a range of approaches to encourage staff to get vaccinated – especially as the Delta variant of coronavirus sweeps across America.

Money

Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Published

2 weeks ago

November 27, 2025

Harvey Vargas

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews

Money

Dow surges 500 points amid rate cut optimism

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

Published

2 weeks ago

November 26, 2025

Harvey Vargas

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

In Short:
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.

The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

Tech Sector

Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.

Money

Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

Published

2 weeks ago

November 25, 2025

Harvey Vargas

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar