Mr. Weidmann, a former monetary adviser to Angela Merkel when she was Germany’s chancellor, was one of the conservative voices on the E.C.B. board, a champion amongst central bank hawks who prefer tighter fiscal policies. On Friday, an appeals court docket lifted the authorized block on the vaccine rule, though appeals to the ruling had been immediately filed, leaving the rule’s legal status up within Business News the air. On Saturday, hours after the appeals court ruling, the Labor Department’s Occupational Safety and Health Administration urged employers to begin out working to get in compliance. But OSHA also gave employers some leeway, pushing back full enforcement of the rule until February. The fast spread of the Omicron variant has seemingly bolstered the Biden administration’s argument in favor of a vaccine mandate for giant businesses.

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  • Today on the show, what the proposed local weather disclosure rule says, why it’s so controversial, and if it passes, what that’ll imply for buyers and the stock market.
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  • The Education Department introduced it’s going to begin streamlining federal student-loan servicing platforms to make them simpler for debtors to make use of.
  • The price of gold on Tuesday struck an all-time pinnacle, boosted by its haven status ahead of anticipated cuts to US rates of interest amid growing economic gloom.

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