Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.

Forex

The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

United States

23 Dec 2021

U.S. Supreme Court to Hear Arguments on the Biden Administration’s Vaccine Decree

The Index Today

The U.S. Supreme Court on Wednesday announced its decision to undertake the case of Biden’s countrywide vaccine mandate policy. The Biden administration’s national vaccine policy requires big enterprises to have their personnel undergo full vaccination or submit to regular COVID-19 testing. Additionally, health officials have to adhere to a different vaccine requirement.

However, while big corporations across the country currently have to follow the mandate, the policy has been plugged in half of the states for healthcare workers.

Rejecting requests for immediate hearings, the Supreme Court has set the date for two cases on January 7th, 2022. Speaking on the matter, White House Press Secretary Jen Psaki stated that the Justice Department "will vigorously defend both at the Supreme Court."

In a bid to combat the COVID-19 surge by increasing the vaccination rate among adults in the population, President Biden introduced additional vaccine policies in September. The move has been met with much resistance with conglomerates, businesses, and 27 states that are largely dominated by Republicans, challenging the mandate and calling for it to be suspended.

©Photo: Alex Wong/Getty Images

Clay pottery with table linens