Posted inNational News

Supplies Still Limited More Than a Year After Monoclonal Antibodies Authorized for Treating COVID-19

By Meiling Lee Despite being the only authorized outpatient medical therapy for preventing the worsening of COVID-19 symptoms in high-risk patients, there remains no steady supply of monoclonal antibodies from the federal government a year after its approval for use by medical regulators. Rolled out in the same month as the COVID-19 vaccines, monoclonal antibody therapies have […]

Posted inNational News

House Republicans Ask Biden When Legal Immunity for Vaccine Manufacturers Will End

By Zachary Stieber A group of House Republicans has asked President Joe Biden about the legal immunity granted to COVID-19 vaccine manufacturers, expressing concern about the immunity combined with the administration’s vaccine mandates. Rep. Michael Cloud (R-Texas) and 15 colleagues told Biden in a Dec. 20 letter that the mandates raise “many concerns as to the ethics […]

Posted inEconomy

Fed Juggles Two Swords: Growth and Inflation

By Andrew Moran The U.S. economy has been cushioned with trillions of dollars in stimulus and relief. With inflation becoming the dominant trend over the last year, the Federal Reserve is beginning to wind down its pandemic-era tools. But can the economic recovery be sustained without these mechanisms? The Bureau of Labor Statistics reported that the U.S. annual inflation rate […]

Posted inEconomy

Inflation Lifting Corporate Profits, Eating Away Wage Gains

By Andrew Moran With the U.S. annual inflation rate at a 30-year high, economists and market analysts are spotlighting the expanding financial divide between corporations and their employees. In today’s inflationary environment, large companies are reporting greater profits and revenues. At the same time, Americans have witnessed all their wage gains from over the last 12 to […]

Posted inNational News

What Americans Say About Rising Prices This Thanksgiving

By Cara Ding, Steven Kovac, Jackson Elliott, Michael Sakal, Allan Stein and Jannis Falkenstern On the verge of celebrating Thanksgiving with her family, Melissa Ngo wasn’t happy after her grocery shopping trip. The high price of gasoline has cut into her family’s budget for everything, she said. She’s now having to shop at three different grocery stores—Giant Eagle, Marc’s, and Aldi—to find the lowest […]