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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
HealthCOVID-19 vaccines

Biden’s vaccine mandate is blocked nationwide by federal judge

By
Erin Mulvaney
Erin Mulvaney
and
Bloomberg
Bloomberg
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By
Erin Mulvaney
Erin Mulvaney
and
Bloomberg
Bloomberg
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December 7, 2021, 1:37 PM ET
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The Biden administration’s mandate for federal contractors’ employees to be vaccinated will be halted nationwide, amid a slew of challenges from states that say the president overstepped his authority in requiring the COVID-19 shots.

The mandate, which was set to take effect on Jan. 4, applies to roughly a quarter of the U.S. workforce and affects companies that do business with the federal government, including Lockheed Martin Corp., Microsoft Corp., Alphabet Inc.‘s Google, and General Motors Co.

A federal judge in Georgia blocked the mandate on Tuesday. The latest order follows a Kentucky federal judge’s grant last week of a preliminary injunction in a lawsuit involving Kentucky, Tennessee, and Ohio.

The government contractor mandate spurred a series of federal lawsuits from states seeking to block its implementation, including Arizona, Florida, Texas, Oklahoma, and Georgia. They argue that the administration lacks the authority to require vaccinations and the mandates violate the U.S. Constitution.

The mandate for businesses providing services for the federal government is part of a suite of Biden administration actions designed to increase vaccination rates. That includes an emergency regulation from the U.S. Occupational Safety and Health Administration that covers private-sector companies with 100 employees or more, a shot requirement for health-care companies paid by Medicare and Medicare, and one for federal workers.

Numerous challenges to those mandates are pending in appellate courts, and the U.S. Court of Appeals for the Fifth Circuit has temporarily halted enforcement of the OSHA regulation. The Sixth Circuit is poised to consider the consolidated challenges to the OSHA rule.

The case is Georgia v. Biden, S.D. Ga., No. 21-cv-00163, 12/7/21.

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