If you want to dine indoors, go to a gym or attend an event at an entertainment venue in New York, you'll need to show proof that you have had at least one dose of a COVID-19 vaccine.
Starting on September 13, New York began enforcing its vaccine mandate for various indoor venues. The rules extend to include workers at these facilities as well.
"The business has gone down at least 35 to 40 percent, and we expect it to go down a little more," said Pedro Zamora, owner of Cantina Rooftop in Manhattan. "But on the other hand, I feel good to do that because it's the way to end the pandemic, and I urge everybody, if you're not vaccinated, try to get vaccinated as soon as possible because that's only for the good of our community and to stop this virus from going on."
If businesses are found not to be compliant, they can be fined $1,000 for a first offense, with increasing penalties if they continue to break the rules.
New York has some of the strictest vaccine mandates in the United States. Mayor Bill de Blasio also requires city workers to be vaccinated or to undergo weekly COVID-19 testing. Students 12 and up who participate in "high-risk" after-school activities, like sports or performing arts, also must be vaccinated.
Rebecca Walser, President of Walser Wealth Management, joins Cheddar News' Closing Bell, where she discusses the factors behind Monday's surge on Wall Street and explains why investors will likely experience volatility in the market throughout the month of December.
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Head of Instagram Adam Mosseri is slated to testify this week in front of the Senate Commerce Subcommittee after a Wall Street Journal report that found the Meta-owned social media platform is negatively impacting the mental wellness of teen girls.
Chinese regulators are reportedly behind China-based ride-hailing company DiDi exiting from the New York Stock Exchange, just days after listing earlier this year. The regulators stated prior that DiDi had not received the necessary clearances to list in the states. Gordon Chang, Asian affairs expert, joined Cheddar to break down what the delisting says about the relationship between nations. "This really strikes me as an attempt to really to force a decoupling of China and the U.S. in the financial markets," Chang said.
U.S. Futures were pointing to a higher open to round out the week despite a miss on the November Jobs Report, which showed slower job growth than expected-- and as the omicron variant continues to spread across the country. Patrick Healey, Founder & President at Caliber Financial Partners joined Cheddar's Opening Bell to discuss.
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