FDA Authorizes First Oral Antiviral for Treatment of COVID-19

FDA Authorizes First Oral Antiviral for Treatment of COVID-19

Silver Spring, MD…Today, the U.S. Food and Drug Administration issued an emergency use authorization (EUA) for Pfizer’s Paxlovid (nirmatrelvir tablets and ritonavir tablets, co-packaged for oral use) for the treatment of mild-to-moderate coronavirus disease (COVID-19) in adults and pediatric patients (12 years of age and older weighing at least 40 kilograms or about 88 pounds) with positive […]

President Biden Nominates Jerome Powell to Serve as Chair of the Federal Reserve, Dr. Lael Brainard to Serve as Vice Chair

President Biden Nominates Jerome Powell to Serve as Chair of the Federal Reserve, Dr. Lael Brainard to Serve as Vice Chair

Washington, DC…Today, President Biden announced his intent to nominate Jerome Powell for a second term as Chair of the Board of Governors of the Federal Reserve System and to nominate Dr. Lael Brainard to serve as Vice Chair of the Board of Governors of the Federal Reserve System. While our country still faces challenges as […]

Glasgow Climate Pact Keeps 1.5C Alive, Finalizes Paris Climate Agreement.

Glasgow Climate Pact Keeps 1.5C Alive, Finalizes Paris Climate Agreement.

Glasgow, Scotland…COP26 has today concluded in Glasgow with nearly 200 countries agreeing the Glasgow Climate Pact to keep 1.5C alive and finalise the outstanding elements of the Paris Agreement. Climate negotiators ended two weeks of intense talks on Saturday with consensus on urgently accelerating climate action. The Glasgow Climate Pact, combined with increased ambition and […]

Inflation Soars Again in October as CPI Jumps 0.9 Percent

Inflation Soars Again in October as CPI Jumps 0.9 Percent

Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9 percent in October on a seasonally adjusted basis after rising 0.4 percent in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.2 percent before seasonal adjustment. The monthly all items seasonally adjusted […]

U.S. Department of Labor’s OSHA Issues Vaccine Mandate Standards & Fine Structure

U.S. Department of Labor’s OSHA Issues Vaccine Mandate Standards & Fine Structure

Washington, DC…The U.S. Department of Labor’s Occupational Safety and Health Administration on November 4th announced a new emergency temporary standard to protect more than 84 million workers from the spread of the coronavirus on the job. The nation’s unvaccinated workers face grave danger from workplace exposure to coronavirus, and immediate action is necessary to protect them. […]

ACLU Says Payments To Migrants Part of Biden Campaign Promises

ACLU Says Payments To Migrants Part of Biden Campaign Promises

Washington, DC…In response to a question posed to President Biden about family separation lawsuits brought by the American Civil Liberties Union and other lawyers, the president said a $450,000 settlement amount per child “is not going to happen.” ACLU Executive Director Anthony D. Romero had the following response: “President Biden may not have been fully […]

Federal Reserve Board and Federal Open Market Committee Release Economic Projections

Federal Reserve Board and Federal Open Market Committee Release Economic Projections

Washington, DC…The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.  With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by […]

SpaceX Dragon and Inspiration4 Crew Safely Splashed Down off Florida Coast

SpaceX Dragon and Inspiration4 Crew Safely Splashed Down off Florida Coast

Cape Canaveral, FL…After three days orbiting Earth, Dragon and the Inspiration4 crew – the world’s first civilian mission to orbit – safely splashed down off the coast of Florida at 7:06 p.m. EDT on Saturday, September 18, 2021, completing their first multi-day low Earth orbit mission. Dragon performed a series of departure phasing burns to […]

PG&E Briefs Financial Community on the Company’s 2021 Wildfire Mitigation Work and Future Infrastructure Plans

PG&E Briefs Financial Community on the Company’s 2021 Wildfire Mitigation Work and Future Infrastructure Plans

San Ramon, CA….Earlier today, operational and emergency response leaders from PG&E Corporation and Pacific Gas and Electric Company (together “PG&E”) briefed representatives from the financial community on the company’s progress on investing in electric and gas infrastructure that is safe, reliable and clean for customers in Northern and Central California. Approximately 150 members of the […]

S&P CoreLogic Case-Shiller Index Reports Record High Annual Home Price Gain Of 16.6% In May

S&P CoreLogic Case-Shiller Index Reports Record High Annual Home Price Gain Of 16.6% In May

New York, NY…S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for May 2021 show that home prices continue to increase across the U.S. More than 27 years of history are available for the data series, and […]

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