Biden Opts To Re-nominate Powell As Fed Chair With Brainard As Deputy
President Joe Biden has opted to re-nominate Federal Reserve Chairman Jerome Powell to head the central bank with runner-up Lael Brainard as Vice Chair.
US Economy: How Serious Is Inflation And Will It Hurt Growth?
The answer to this has divided commentators, analysts and policymakers into separate camps and what it means for the economy as a whole.
Cold Turkey? Wintry Weather Threatening Thanksgiving Travel, Festivities
Thanksgiving is next week but there might be a problem along the way that can affect your travel plans. Forecasts predict a pair of winter storms could make travel more hazardous and inconvenient.
Will Businesses Voluntarily Take Up Biden Vaccine Mandate? Health Groups Ask Them To Try
A bloc of healthcare organizations and medical professionals issued a plea to the United States' business community to follow President Joe Biden's vaccine mandate voluntarily, even as its implementation has been stalled in court.
Trump Investigation: Warren Asks SEC To Probe Whether Ex-President Misled Shareholders
Sen. Elizabeth Warren, D-Mass., is asking the Securities and Exchange Committee (SEC) to investigate whether the new social media project of former President Donald Trump misled shareholders ahead of its launch.
Bill Gates Predicts COVID Will Kill Fewer People Than The Flu In 2022
Bill Gates predicts that the number of COVID-19 deaths and infections will fall below those of the seasonal flu in 2022.
Weekly Unemployment Claims Barely Budge, Falling Below Forecasts In Stagnant Job Market
The U.S.Department of Labor found that the number of initial unemployment claims has fallen slightly. However, it barely budged from where it was last week, falling once again below forecasts expecting larger drops.
Panel Says US Should Limit China-Bound Investment Two Days After Biden-Xi Summit
An influential U.S government panel has urged Congress to do more to examine risks posed to American investors in China and limit investment in the country. The report comes only two days after President Joe Biden held a virtual summit with China's Xi Jinping.
Biden Administration Floats Billions Of Dollars To Drugmakers To Boost Vaccine Supplies
The Biden administration has set out to find new ways to ramp up vaccine production and that plan may mean paying billions to drugmakers. This, it hopes, will assist in combating future pandemics at home and overseas.
US Housing Starts Drop 0.7% Even As Home Permits Rise
U.S housing starts fell in October from where they were last month even as the number of completed homes remained the same and the number of housing permits went up. These numbers come at a time of ongoing imbalances in the U.S housing market
FBI Agent Leaks Internal Email To GOP Senators About Threats To School Boards
The FBI has begun a new process for tracking threats issued against school boards. Republican lawmakers accuse the agency of treating protesting parents as domestic terrorists.
California Hits Amazon With $500,000 Fine For Not Sharing COVID Data With Employees
On Tuesday, Amazon was hit with a fine from the California Attorney General’s Office for failing to inform its warehouse workers about risks posed to them by COVID-19. Amazon will pay $500,000 in fines and is not required to admit wrongdoing.
How Smoking Weed While Pregnant Can Create More Anxious Children
Cannabis use while pregnant may contribute to increased anxiety, hyperactivity and even aggression in children later in life, according to a new study by researchers at New York City's Mount Sinai hospital.
Pfizer Secures Deal With UN Group To Produce COVID-19 Pill
Pfizer-BioNTech announced a deal with a United Nations supported medical supply group to expand production of its COVID-19 antiviral pill. The new deal would expand access to COVID-19 treatment to poorer nations to fight against the virus.
US Retail Sales Up 1.7% Despite Americans' Pessimism About Rising Inflation
Americans may be concerned about rising prices, but that has not stopped them from continuing to do their holiday shopping.
Robots Filling Vacant Jobs Amid Ongoing 'Great Resignation'
As the U.S economy goes through the "Great Resignation" of workers following a year of the COVID-19 pandemic, some companies are responding by raising the number of robots in roles previously filled by people.
New York Fed: Growth Better Than Expected But Businesses Are Cautiously Optimistic
New York State beat expectations by showing a rebound in business activity, including some of the fastest growth in employment on record, after weathering the COVID-19 pandemic. However, businesses remain wary that conditions can worsen going into 2022.
How Your Diet May Or May Not Be Affecting Your Dementia Risk
Eating a diet rich in fruits and vegetables versus one that is higher in inflammatory foods contributes to a lower risk of dementia later in life, according to a new study by National and Kapodistrian University of Athens in Greece.
This US City Will Start Giving Teens $350 A Month In Universal Income Experiment
New Orleans is launching a pilot program next year that will send $350 a month to young residents in the latest universal basic income (UBI) experiment in an American city.
Ex-Obama FDA Chief Nominated To Run Agency Under Biden
President Joe Biden has nominated Robert Califf to serve as head of the Food and Drug Administration, ending nearly a year without a permanent figure atop the agency. Califf served in the role under President Obama, but he faces opposition from Biden's own Democratic Party.
US Consumer Sentiment Plummets To 10-Year Low As Inflation Surges
U.S. consumers sour on the state of the national economy as inflation reaches highs not seen in decades. This suggests Americans do not share the same long term sentiments that have been promoted by either the Federal Reserve or President Joe Biden.
Surgeon General Says Matthew McConaughey Is Wrong About COVID Being Harmless To Kids
Matthew McConaughey has drawn ire recently for his opposition to COVID-19 vaccine mandates for children after vaccinations were approved for kids aged 5-11. The U.S. Surgeon General though responds that the Hollywood star is wrong and COVID-19 remains deadly for children.
Beans Over Bacon: New Study Explains How Plant Fats Lower Your Stroke Risks
A new study has found that a diet heavy on animal fats led to an increased risk of suffering a stroke, but one with more plant-based fats reduced those chances.
Own A Roku? YouTube TV Is Leaving Soon. Here’s What You Need To Know
If you own a Roku you might lose access to YouTube TV next month because of a contract dispute with Google.
WHO, CDC Warn Not To Ignore Measles Danger After Millions Of Kids Miss Vaccinations
The World Health Organization and the Centers for Disease Control and Prevention warned that the world could see a serious measles outbreak after vaccinations dropped during the pandemic.
Coal Exports Climb In 2021 Despite President Biden's Promises To Fight Climate Change
The news comes as Biden has unveiled a number of initiatives to move the U.S. closer to renewable and clean energy technologies.
Inflation Hits 30-Year High After CPI Shows 6.2% Price Hike
Inflation in the United States has defied expectations by hitting a three-decade high as prices for most basic goods registered hikes. In the most recent Consumer Price Index (CPI), prices were up by 6.2% in the last year, the highest increase since November 1990.
How COVID-19 Lockdowns Lowered Heart Attacks Among Americans By Reducing Air Pollution
Did COVID-19 lockdowns contribute to a drop in heart attacks last year? A new study published by the American Heart Association suggests that by reducing air pollution during lockdowns, the number of strokes dropped with it.
US Surgeon General Releases Guide To Help Americans Push Back On Vaccine Misinformation
Dr. Vivek Murthy provided a guide to help Americans fight against misinformation about COVID-19 vaccines.
Inflation Pushes Wholesales Prices Up 8.6%, Tying Highest Level On Record
Wholesale prices in the United States reached a historic high after rising 8.6% over the last year in a sign that ongoing supply chain problems are continuing to drive up inflation.