N.Y. Cases Drop 92% From Peak; Fed Warns on Jobs: Virus Update

U.S. hospital admissions for Covid-19 are receding in 34 states and the nation’s capital, easing the health-care staffing crises that were widespread at the start of the year. The World Health Organization warned countries not to ease restrictions prematurely.

The White House and Federal Reserve said the January jobs report should reflect an Omicron-related slowdown, while the island nation of Tonga reported its first two local transmissions of Covid-19.