The Fed Keeps Rates Near Zero, Will Use All Tools in Toolbox on Economy

The Fed Keeps Rates Near Zero, Will Use All Tools in Toolbox on Economy

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.  The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The virus and the measures taken […]

NIH Clinical Trial Shows Remdesivir Accelerates Recovery from Advanced COVID-19

NIH Clinical Trial Shows Remdesivir Accelerates Recovery from Advanced COVID-19

Bethesda, MD…Hospitalized patients with advanced COVID-19 and lung involvement who received remdesivir recovered faster than similar patients who received placebo, according to a preliminary data analysis from a randomized, controlled trial involving 1063 patients, which began on February 21. The trial (known as the Adaptive COVID-19 Treatment Trial, or ACTT), sponsored by the National Institute […]

GDP Dropped 4.8% in First Quarter According to Advance Estimate

GDP Dropped 4.8% in First Quarter According to Advance Estimate

Washington, DC…Real gross domestic product (GDP) decreased at an annual rate of 4.8 percent in the first quarter of 2020 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2019, real GDP increased 2.1 percent. The GDP estimate released today is based on source data […]

ACEP-AAEM Issue Joint Statement on Physician Misinformation as Consensus in Medical Community Breaks Down

ACEP-AAEM Issue Joint Statement on Physician Misinformation as Consensus in Medical Community Breaks Down

Irving, TX & Milwaukee, WI…The American College of Emergency Physicians (ACEP) and the American Academy of Emergency Medicine (AAEM) jointly and emphatically condemn the recent opinions released by Dr. Daniel Erickson and Dr. Artin Massihi. These reckless and untested musings do not speak for medical societies and are inconsistent with current science and epidemiology regarding […]

S&P CoreLogic Case-Shiller Index Shows Annual Home Price Gains Increased To 4.2% In February

S&P CoreLogic Case-Shiller Index Shows Annual Home Price Gains Increased To 4.2% In February

New York, NY…S&P Dow Jones Indices 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 February 2020 show that home prices continue to increase at a modest rate across the U.S. More than 27 years of history are available for these data series, […]

Iran’s Space Program is Dangerous, Not Peaceful ~ Michael R. Pompeo, Secretary of State

Iran’s Space Program is Dangerous, Not Peaceful ~ Michael R. Pompeo, Secretary of State

Washington, DC…For years, Iran has claimed its space program is purely peaceful and civilian. The Trump Administration has never believed this fiction. This week’s launch of a military satellite by Iran’s Islamic Revolutionary Guard Corps, a designated Foreign Terrorist Organization, makes clear what we have said all along: Iran’s space program is neither peaceful nor […]

Joint Statement by SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin on the Resumption of the Paycheck Protection Program

Joint Statement by SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin on the Resumption of the Paycheck Protection Program

Washington, DC… Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today on the resumption of the Payroll Protection Program (PPP).  “We are pleased that President Trump has signed into law the Paycheck Protection Program and Health Care Enhancement Act, which provides critical additional […]

Lysol Maker Warns on Injection, Ingestion or Other Improper use of Disinfectants

Lysol Maker Warns on Injection, Ingestion or Other Improper use of Disinfectants

Parsippany, NJ…Due to recent speculation and social media activity, RB (the makers of Lysol and Dettol) has been asked whether internal administration of disinfectants may be appropriate for investigation or use as a treatment for coronavirus (SARS-CoV-2). As a global leader in health and hygiene products, we must be clear that under no circumstance should our disinfectant […]

LabCorp COVID-19 At-Home Test Kit Receives FDA Emergency Use Authorization

LabCorp COVID-19 At-Home Test Kit Receives FDA Emergency Use Authorization

Burlington, NC…LabCorp (NYSE: LH), a leading global life sciences company that is deeply integrated in guiding patient care, today announced that it has received an Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration (FDA). The EUA permits nasal swab specimens to be collected at home using the Pixel by LabCorp™ COVID-19 test home […]