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 […]
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 […]
Sacramento, CA…Governor Gavin Newsom and First Partner Jennifer Siebel Newsom visited Strapping, a Sacramento gift shop, and encouraged Californians to shop local for the holidays. “California’s small businesses are the backbone of our economy, creating over two-thirds of our jobs and supporting our nation-leading recovery,” said Governor Newsom and First Partner Siebel Newsom, who today […]
Washington, DC…Total nonfarm payroll employment rose by 210,000 in November, and the unemployment rate fell by 0.4 percentage point to 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, transportation and warehousing, construction, and manufacturing. Employment in retail trade declined over the month. This news […]
San Francisco, CA…As we take time to feast and give thanks, the 25,000 coworkers of Pacific Gas and Electric Company (PG&E) want to express sincere appreciation for our customers. Our community only works when we support one another. We are honored to be a part of it and privileged to provide energy service to millions […]
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 […]
Woonsocket, RI….Health (NYSE: CVS) announced several steps to support its strategy of making health care more affordable, accessible and convenient for consumers. Prem Shah has been named to the newly created role of Chief Pharmacy Officer and will oversee the omnichannel pharmacy strategy, effective immediately. On January 1, 2022, Shah and Michelle Peluso will become Co-Presidents of CVS Health’s […]
Washington, DC…CBO estimates that enacting this legislation would result in a net increase in the deficit totaling $367 billion over the 2022-2031 period, not counting any additional revenue that may be generated by additional funding for tax enforcement. CBO This estimate is based on language in two documents, which are available from the House Committee […]
Los Angeles, CA…At the Ports of Los Angeles and Long Beach today, Governor Gavin Newsom highlighted the ongoing work to address the global supply chain crisis, including policies to help ease congestion and alleviate backlogs. The Governor was joined by Port Envoy to the Biden-Harris Administration Supply Chain Disruptions Task Force John D. Porcari, ILWU […]
Washington, DC…From OSHA Today…”On November 12, 2021, the U.S. Court of Appeals for the Fifth Circuit granted a motion to stay OSHA’s COVID-19 Vaccination and Testing Emergency Temporary Standard, published on November 5, 2021 (86 Fed. Reg. 61402) (“ETS”). The court ordered that OSHA “take no steps to implement or enforce” the ETS “until further […]
