Colorado top wind speeds for Dec. 15, 2021

The following Colorado wind speeds have been reported by the National Weather Service for Dec. 15, 2021.

Broomfield — 58 mph

Denver International Airport — 60 mph

Dillon — 57 mph

Erie — 55 mph

Hartsel —58 mph

Hygiene — 55 mph

Jefferson — 58 mph

Lamar — 107 mph

Niwot — 57 mph

Northglenn — 61 mph

Rocky Flats — 56 mph

Tolland — 55 mph

White Ranch  — 68 mph

Zai Lab Stock Down 18%

Shares of China-based biotech company Zai Lab Limited (ZLAB) are slipping nearly 18% on Wednesday morning despite no stock related news to hurt the shares.

ZLAB is currently trading at $51.50, down $11.19 or 17.85%, on the Nasdaq.

Zai Lab Limited develops and commercializes therapies to treat oncology, autoimmune disorders, and infectious diseases primarily in Greater China.

Herald morning quiz: December 16

Test your brains with the Herald’s morning quiz. Be sure to check back on nzherald.co.nz for the afternoon quiz.

To challenge yourself with more quizzes, CLICK HERE.

CDC estimates 13% of all cases in NY and NJ could be omicron infections, Director Walensky says

The new, highly mutated omicron Covid-19 variant now accounts for an estimated 13% of all cases in New York and New Jersey, according to new data from the Centers for Disease Control and Prevention.

The variant, which was first detected in southern Africa about a month ago, has spread to 36 states and 75 countries, accounting for roughly 3% of all cases across the U.S., CDC Director Rochelle Walensky said during a White House Covid-19 briefing Wednesday.

"We expect the proportion of omicron cases here in the United States to continue to grow in the coming weeks," she said.

CNBC Health & Science

Read CNBC's latest global coverage of the Covid pandemic:

Why a Covid booster dose is crucial against the omicron variant

Mainland China reports its first omicron Covid case

California imposes monthlong mask mandate for indoor public places regardless of vaccination status

CDC strongly encourages Pfizer Covid booster shots for 16- and 17-year-olds amid omicron fears

NY state confirms 20 omicron cases, 13 in NYC as variant spreads across state, Gov. Hochul says

Rapid infection rate of omicron Covid variant is causing concern, as UK braces for 1 million cases

GameStop Posts Wider-than-expected Q3 Loss; Shares Down 6%

American video-game retailer GameStop Corp. (GME) on Wednesday posted wider-than-expected loss in the third quarter. Revenues, however, were up 30 percent and came in above the Street expectations. Following the third-quarter results, the company’s stock dropped 6 percent in Wednesday’s after-market trade.

The company reported net loss of $105.4 million or $1.39 per share, wider than net loss of $18.8 million or $0.29 per share in the same period last year. On average, 4 analysts polled by Thomson Reuters expected the company to post net loss of $0.52 per share in the quarter. Analysts’ estimates, usually exclude one-time items.

Quarterly sales rose to $1.29 billion from $1.01 billion in the previous year period, helped by sales attributable to new and expanded brand relationships, like Samsung, LG, Razer, Vizio and others. On average, 4 analysts expected the company to post revenues of $1.19 billion during the quarter.

GME closed Wednesday’s trading at $173.65, down $4.16 or 2%. In after-market trading, the stock is down 6% or $10.15 to $163.00.

Rep. Duncan to introduce bill to cut federal funding from cities that allow noncitizens to vote

Legal immigrant rips NYC for considering voting rights for non-citizens: ‘Being an American citizen is a privilege’

Mexican immigrant Mayra Flores argued elections should only be determined by American citizens ‘from the top to the bottom ticket.’

FIRST ON FOX: Rep. Jeff Duncan, R-S.C., plans to introduce a bill to cut off funding for governments that allow noncitizens to vote in U.S. elections, Fox News has learned. 

Duncan’s bill would follow a companion bill from Sen. Marco Rubio, R-Fla., which he announced Dec. 10 and plans to bring to the Senate floor at 3 p.m. Wednesday. 

Rubio announced his bill in direct response to a New York City Council measure approved last week, which allows hundreds of thousands of non-citizens living there to vote in its elections. Outgoing Mayor Bill de Blasio signed the measure despite acknowledging that it may face “big legal questions.”

“No city which allows non-U.S. citizens to vote should receive U.S. government funds,” Rubio said. “Next week I am going to file a bill to make that the law.”

This is a developing story. 

Fox News Andrew Michael Murray and Timothy Nerozzi contributed to this report. 

Fed’s Powell on inflation, rates: LIVE Updates

The Fed sees inflation is a problem: Investment expert

Crossmark Global Investments Chief Investment Officer Bob Doll predicts what decisions will be made at the upcoming Federal Reserve meeting.

Federal Reserve Chairman Jerome Powell will deliver his final press conference of the year after policymakers wrap Wednesday's meeting, which will also include an update on economic projections. 

CONSUMERS ARE GETTING WHACKED WITH HIGH PRICES FOR THESE ITEMS

This comes after both consumer and producer prices hit record highs this week. 

CONSUMER INFLATION HITS HIGHEST SINCE 1982

The decision comes at 2 p.m. ET followed by Powell at 2:30 p.m. ET. 

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