Fed holds interest rates but hints at future cuts

first_img Fed holds interest rates but hints at future cuts The central bank’s policymakers said while they still predicted sustained economic growth and ongoing labour market strength, “uncertainties about this outlook have increased”. Out of the 17 Fed policymakers, seven signalled they thought cutting rates by 0.5 percentage points by the end of 2019 would be appropriate. The US Federal Reserve has kept interest rates on hold but suggested it could cut them in the future, in its first decision since the Trump administration ratcheted up tariffs on China. Harry Robertson whatsapp Fed policymakers dropped language about being “patient” over future rate hikes from their statement announcing the decision, saying the central bank would “act as appropriate to sustain the expansion”. The US central bank’s forecast showed it was likely to cut rates by 0.25 percentage points next year. It had previously suggested it would raise them by the same amount in 2020. Trump has repeatedly called on the Fed to cut rates, which he has said would make the economy “rocket”. Wednesday 19 June 2019 7:24 pm whatsapp The outlook for the Fed’s main interest rate – the targeted overnight lending rate – was predicted to stay between 2.25 and 2.50 per cent until the end of the year. They cut their prediction for headline inflation this year to 1.5 per cent, after projecting price growth of 1.8 per cent three months ago. The dollar dropped against the euro following the news. It had fallen 0.4 per cent against the single currency to buy €0.889 by 8pm UK time. The Fed’s decision came a day after global markets were boosted by European Central Bank (ECB) president Mario Draghi’s remarks that he may apply fresh stimulus in the euro area. Read more: Oil prices fall for second day as US-China trade war bites US President Donald Trump criticised the statement, saying the fall in the euro it provoked made it “unfairly easier for them to compete against the USA”. Fed chairman Jerome Powell said the decision had been taken in light of “ongoing cross-currents including trade developments and concerns about global growth”. Share Read more: US inflation tepid ahead of Fed rates decision Suggestions of rate cuts and lower inflation send the yields on 10-year US Treasuries – government bonds – falling towards the two per cent level last seen in 2017. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OraclePost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunPsoriatic Arthritis | Search AdsWhat Is Psoriatic Arthritis? See Signs (Some Symptoms May Surprise)Psoriatic Arthritis | Search AdsDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionMisterStoryWoman files for divorce after seeing this photoMisterStoryDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily Funnylast_img read more

Read More

Meghan Markle Pays Tribute to George Floyd in Address to L.A….

first_imgCelebrityActivismMeghan Markle Pays Tribute to George Floyd in Address to L.A. High School Students”We are seeing people stand in solidarity, we are seeing communities come together and to uplift. And you are going to be part of this movement”By Gwynedd Stuart – June 4, 2020627ShareEmailFacebookTwitterPinterestReddItMany celebrities have dispatched messages of encouragement to high school and college students in the graduating class of 2020 over the past several weeks. In a commencement address to seniors at her alma mater, Immaculate Heart High School in Los Feliz, L.A. native Meghan Markle used the opportunity to address the issue at the forefront of everyone’s minds at the moment.“For the past couple weeks, I’ve been planning to say a few words to you for your graduation,” Duchess of Sussex says. “And as we’ve all seen over the last week, what is happening in our country and in our state and in our hometown of L.A. has been absolutely devastating. And I realized the only wrong thing to say is to say nothing.”Meghan, Britain’s Duchess of Sussex, called the current events in the U.S. ‘devastating,’ in a video message she recorded for students graduating from her old high school in Los Angeles https://t.co/jg44YiRlDt pic.twitter.com/IRQWyVuQZr— Reuters (@Reuters) June 4, 2020“George Floyd’s life mattered,” Markle says, naming off several other people who’ve been killed by police in recent weeks, months, and years—Breonna Taylor, Philando Castile, Tamir Rice—as wells as “all the names we don’t know”“We are seeing people stand in solidarity, we are seeing communities come together and to uplift. And you are going to be part of this movement,” she says.She goes on to describe a moment she recalls from her sophomore year, when a teacher told her, “Always remember to put others’ needs before your own fears.”“That has stuck with me through my entire life,” she says. Markle, who went on to become an actress before marrying Harry, the Duke of Sussex, graduated from the Catholic all-girls school in 1999. Since wedding Harry, Markle, who is Black, has been the target of racially charged tabloid coverage in the United Kingdom; the couple recently relocated to Los Angeles, and have already been spotted doing doing work for charitable causes.Besides encouraging the students to be part of the current movement, Markle stresses that they need to vote in November: “You are going to lead with love, you are going to lead with compassion, and you’re going to use your voice in a stronger way than you’ve ever been able to. Because most of you are 18 or you’re going to turn 18, so you’re going to vote.”RELATED: Prince Harry and Meghan Markle Spotted Delivering Meals to the Needy in West HollywoodStay up to date with everything you need to know about L.A. by following us on Facebook and Instagram. TAGSPrince HarryMeghan MarkleLos FelizImmaculate Heart High SchoolPrevious articleUpdate: Drew Brees Apologizes for Comments About National Anthem Kneeling after LeBron James RebukeNext articleIdiot Influencers and Racist Social Media Trends Are Making Everything a Little Bit WorseGwynedd Stuart RELATED ARTICLESMORE FROM AUTHORA Paparazzi Photo Agency Known for Suing Celebs Is Being Sued into Oblivion by Meghan MarkleMeghan and Harry’s Oprah Interview Has Made an L.A. Yogurt Shop an Attraction5 Takeaways from Oprah’s Big Interview with Meghan and Harrylast_img read more

Read More

FDA is urged to move faster to list medicines withdrawn over safety concerns

first_img About the Author Reprints By Ed Silverman April 14, 2021 Reprints Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Arguing patient safety is at risk, an advocacy group is urging the Food and Drug Administration to create a new policy for updating an official list of medicines that are withdrawn after being deemed unsafe or ineffective.In a petition filed with the agency, Public Citizen noted that the FDA has, in most cases over the past two decades, taken “at least several years” to update this list. Meanwhile, patients could be potentially harmed by compounded formulations that physicians and pharmacists are legally permitted to make in the interim. Sarah Silbiger/Getty Images Tags government agenciespharmaceuticalsSTASTAT+ What is it? Ed Silverman Log In | Learn More Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry.center_img What’s included? FDA is urged to move faster to list medicines withdrawn over safety concerns [email protected] Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTED Pharmalot STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. @Pharmalot GET STARTEDlast_img read more

Read More

Migrant workers receive J&J COVID-19 vaccine in Immokalee

first_imgRELATEDTOPICS AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments Retired Immokalee teacher swims 12 miles around Key West while raising money for student’s tuition June 15, 2021 AdvertisementTags: covid-19 vaccineImmokaleeJohnson & Johnson Immokalee youth program honors fallen FWC officer June 16, 2021 Mobile pediatric clinic provides COVID vaccines for children 12+ June 15, 2021 Advertisementcenter_img Advertisement“Having more vaccines especially having a single shot for a certain population is critical so as soon as we could, we got together to put this together,” said Corin DeChirico, chief medical officer HealthCare Network.With the help of the Coalition of Immokalee Workers, the HealthCare Network were able to administer 600 vaccinations.“It’s important to reduce the risk and community spread,” said Dr. Emily Ptaszek with Healthcare Network. “To do this before they leave town because then you’re actually reducing the risk in the next community as well.” AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments IMMOKALEE, Fla. – The lines were packed Saturday in the Winn Dixie Plaza and hundreds of migrant workers got the Johnson & Johnson COVID-19 vaccine in Immokalee. “I’m feeling really good,” said farm worker Jose Luis Acosta Zepeda. “I feel better that we have that defense now against the coronavirus.”In addition, due to their working and living conditions, farmworkers are at increased risk of COVID-19 exposure.The Healthcare Network held a free Johnson & Johnson vaccine clinic in Immokalee for workers and their families. Lee County COVID-19 vaccine site moving to North Fort Myers this month June 13, 2021 Advertisementlast_img read more

Read More

Republic of Ireland captain Seamus Coleman makes huge donation to ‘Do It For Dan’

first_img WhatsApp Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Little Dan Donoher, the little man behind the ‘Do It For Dan’ fundraiser, has received €15,000 from Seamus Coleman.A massive fundraiser was launched for baby Dan Donoher on March 5, son of Niall and Aisling Donoher from Ballybrittas, who has been diagnosed with a rare life-threatening disease.A GoFundMe page has been set up for the little boy with a genetic neuromuscular disease called Spinal Muscular Atrophy (SMA) Type 1 and Scoliosis.A breakthrough treatment is available in the USA and to meet the cost, a target of €2million has been set.The reaction to the fundraiser has been huge with €595,000 raised so far from more than 16,000 different people.People are not just raising money but awareness too as people are sharing the GoFundMe page on multiple social media platforms.Dan’s parents Niall and Aisling (Nee Quigley) are very well known in the Laois GAA community.Niall represented Laois footballers at all levels until his retirement at the end of the 2018 season while Aisling, originally from Timahoe, played for the Laois ladies team for a long number of years too. The couple live in Jamestown, on the old main Dublin Road near Ballybrittas.Dan was diagnosed with this disease last December at the age of 8 months.The life expectancy of an SMA type 1 child is 18-24 months.A ground breaking treatment called Zolgensma is currently only available in USA and costs 2.1 million dollars for a once off infusion.Studies show that Zolgensma can substantially improve quality of life and survival of this horrific disease.This treatment is only available to children under the age of two and who meet the requirements.Dan currently qualifies but “we are against the clock” his parents explain.About one in every 11,000 children are diagnosed with SMA. It had been incurable, but with this wonder drug on the market it offers Dan a chance at improved or even a normal life. Home News Republic of Ireland captain Seamus Coleman makes huge donation to ‘Do It… News Electric Picnic Facebook SEE ALSO – Former Laois footballer and son set to dye hair in aid of ‘Do It For Dan’ Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival WhatsApp Republic of Ireland soccer international captain Seamus Coleman is well known for his generosity.In the past, the Everton full back has been known to make huge donations to a range of different causes.And now the defender has struck again but this time he has given a substantial sum of money to a young Laois boy. Electric Picnic News Twitter Pinterest Republic of Ireland captain Seamus Coleman makes huge donation to ‘Do It For Dan’ Previous articleLaois soccer clubs launch fundraiser for staff of Portlaoise and St Fintan’s HospitalsNext articleStudying during Coronavirus: Mountrath CS student on prepping for state exams in a pandemic Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. TAGSDan DonoherDo It For DanSeamus Coleman RELATED ARTICLESMORE FROM AUTHOR Twitter By Alan Hartnett – 10th April 2020 Facebook Pinterest Electric Picnic organisers release statement following confirmation of new festival datelast_img read more

Read More

Trading resumes on NYSE

first_img The NYSE didn’t say what the problem was but described it as internal issue and not the result of a breach of its systems. The market was already lower as traders worried about China’s failure to halt a plunge in its shares and talks remained stuck between Greece and its lenders. In the last hour of trading the Dow Jones industrial average was down 210 points, or 1.2%, at 17,569. The Standard & Poor’s 500 index was off 25 points, or 1.2%, to 2,056. Trading has resumed on the New York Stock Exchange after an outage of more than three hours caused by technical problems. There was no interruption at the dozens of other U.S. stock exchanges Wednesday, including the Nasdaq, so investors were still able to buy and sell stocks easily. Nasdaq sharpens market surveillance Facebook LinkedIn Twitter Negative 2021 outlook on exchange, clearing sector: Fitch Share this article and your comments with peers on social mediacenter_img Canadian IPO market limps through Q3, PwC reports Keywords Stock exchangesCompanies New York Stock Exchange Matthew Craft Related newslast_img read more

Read More

320 Colorado Seventh Graders To Visit CU-Boulder June 5 As Part Of State's 'GEAR-UP' Program

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: June 3, 2001 Editors: Reporters and photographers are welcome to attend any of the sessions on June 5. The 10:30 a.m. physics presentation will feature explosions and other visual effects. The tour of Henderson Museum beginning at 12:40 p.m. will feature a live owl and an educational talk. More than 300 seventh graders from middle schools throughout Colorado will get a glimpse of campus life and a pitch to go to college at the University of Colorado at Boulder on Tuesday, June 5, as part of the state’s GEAR-UP initiative to get low-income youths into college. GEAR-UP, or Gaining Early Awareness and Readiness for Undergraduate Programs, is a state-run, federally funded initiative designed to encourage schools, colleges and universities to help students stay in school and take college-prep courses in middle school and high school to prepare them for college. The students will arrive at CU-Boulder at 9:30 a.m. June 5 at the Duane Physics Building, room G1B30, where they will be welcomed by Elease Robbins, dean of students. CU football player Marcus Houston will lead off the program with a talk titled “College is Possible,” and a representative of the admissions office will discuss “Getting Into College.” At 10:30 a.m. Professor Michael Dubson of the physics department will present his CU Wizards program titled “Boom! The Physics of Sound and Air Pressure,” which will be followed by a barbecue at 11:40 a.m. in the Balch plaza on the west side of Folsom Stadium. Following lunch, the students will split into groups for tours of several parts of the CU-Boulder campus including Fiske Planetarium, the Henderson Museum and a birds of prey show, the Integrated Teaching and Learning Laboratory at the engineering college, the recreation center and Folsom Stadium. The students will leave campus by bus at 1:45 p.m. The Colorado Commission on Higher Education was awarded the multi-year federal grant for GEAR-UP in 1999 to promote higher education to low-income families in Colorado, in partnership with Gov. Bill Owens’ office and nine of the state’s middle schools. As part of the program, the CCHE will track students participating in GEAR-UP from seventh grade through 12th grade and will award scholarships to any participating student who successfully completes GEAR-UP and enrolls in a Colorado college or university. The students must maintain a minimum 2.0 grade-point average. The scholarships cover four years of tuition at any institution of higher education in Colorado. GEAR-UP has more than 1,500 seventh-grade participants from nine middle schools and seven colleges and universities. Participating middle schools include Denver’s Gove Middle School, Ignacio Middle School, Ft. Lupton Middle School, La Jara’s Centauri Middle School, Aurora’s West Middle School, Delta Middle School, Lamar Middle School, Dolores Middle School and Pueblo’s Risley Middle School. The GEAR-UP program at CU-Boulder is being coordinated by CU-Boulder’s Office of Community Affairs, which serves as a liaison between the campus’s outreach programs and local and statewide communities. For more information on community affairs at CU-Boulder go to http://www.colorado.edu/communityaffairs/.last_img read more

Read More

Embracing New Bracing Technology

first_imgAfter being fitted for a new leg brace, Kathy Warrington was brought to tears. She was able to stand up straight for the first time in her life. Last week, Warrington, 57, of Plains, was at Northern Care Inc. Prosthetics and Orthotics in Kalispell, trying out a new leg brace developed by Marmaduke Loke of Dynamic Bracing Solutions in California. The state-of-the-art brace is only available through a handful of clinicians across the country and that list now includes Douglas Jack at Northern Care Inc. “It was a new experience,” Warrington said. “Before then I just tripped and fell and made my way through life.” Warrington has suffered from muscular dystrophy all of her life, but was not diagnosed until she was in her 30s. The disorder meant she could not stand up straight due to weakness in her ankles and legs. For 10 years she has used ankle braces that helped her walk, barely, and even then she could not stand up without leaning against something. Earlier this year, with everyday tasks becoming major chores, she prepared to give up and get a wheelchair. “It was too much,” she said. “It was too painful to walk and too tiring. Everything was just too much.”But before finding a wheelchair, she found information about Dynamic Bracing Solutions and its advanced braces that help stabilize the leg and ankle directly above the foot, enabling the user to walk normally. The day she called just happened to be the day Jack, her regular clinician, was in California learning about the technology from Loke. Loke has been making prosthetic limbs and orthotic braces since the 1970s and in the 1990s he developed the new brace technology. Loke said it has been used on hundreds of patients, but has been met with some resistance within his industry because of how expensive it is. A traditional brace can cost around $500, whereas the new braces range between $5,000 and $9,000. “The technology means nothing unless every technician out there is fitting (people) with the new braces,” Loke said. “The future of bracing is right here at Northern Care.” Jack opened Northern Care in 1992 and celebrated its 20th anniversary earlier this year. During that time, Jack has outfitted hundreds of people with braces and prosthetic limbs. Patients with everything from back and muscle problems to amputated limbs come to Jack and are fitted for a replacement prosthetic or brace. Once the doctor approves the treatment, Jack and his small team go about casting the piece to fit the user. In the case of amputees, the prosthetic limb must fit perfectly because what is left of the arm or leg is usually incredibly sensitive. Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox. Although prosthetic technology has advanced, orthotics have not kept pace, Loke said. That is why Jack is so excited to offer the Dynamic Bracing Solutions technology.“I lose sleep over it because I want to help people the way (Loke) is helping people,” Jack said. Beginning this year, Northern Care has been offering the new braces and Jack has met with Loke numerous times to learn more. Last week Loke was in Kalispell and was able to help with Warrington’s fitting. He has taught a dozen other clinicians across the country about the technology and hopes it takes off in the future. “The more people who find out about this technology the more they will be demanding it,” Loke said. Even if the new braces are more expensive, Jack said the design and durable material from which they are made has helped hundreds of people gain mobility. Warrington said she has already had dreams of going for a run once she is familiar with the new braces. “When I found out about what Marmaduke Loke was doing, I realized everything we were taught in college was inadequate,” Jake said. “I’m on a quest with him to change how bracing is done.” Clinician Douglas Jack holds a leg brace while in the fitting room at Northern Care, Inc., Prosthetics and Orthotics. Lido Vizzutti | Flathead Beacon Emaillast_img read more

Read More

Fears Government going back on promise to Greencastle Harbour

first_img Pinterest AudioHomepage BannerNews WhatsApp Google+ Fears Government going back on promise to Greencastle Harbour Twitter Derry draw with Pats: Higgins & Thomson Reaction Google+ Journey home will be easier – Paul Hegarty Harps come back to win in Waterford Twitter FT Report: Derry City 2 St Pats 2 center_img Facebook News, Sport and Obituaries on Monday May 24th Previous articleTourists in their thousands descend on Killybegs after cruise ship docksNext article36 Donegal Post Offices offered exit packages under new deal News Highland DL Debate – 24/05/21 A Donegal Senator is accusing the Government of going back on its commitment to the Greencastle Harbour as part of the Ireland 2040 plan. Millions of euro has already been spent on the currently half finished breakwater at the harbour.It was anticipated that Donegal County Council would be in a position to draw down the necessary funding to complete the work but clarity has yet to be given by the Department as to how this can be done.Senator Padraig Mac Lochlainn believes it’s a matter for the Taoiseach to ascertain who has the responsibility to release the funding:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/05/padgreencastle.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest Facebook By News Highland – May 21, 2018 RELATED ARTICLESMORE FROM AUTHOR WhatsApplast_img read more

Read More

News / Logistics industry not using blockchain to its full advantage yet

first_img 2019 will be the year that the buzz around blockchain dies – but that will lead to a realisation of the technology’s true benefits.This is the view of IATA’s head of digital cargo, Henk Mulder, who believes that as things stand, blockchain is being incorrectly harnessed by the logistics industry.“Look at the way it is being deployed at the moment; you have Maersk and IBM utilising it as a document-tracking tool,” he said at yesterday’s Cold Chain Distribution Conference in London.“They say it works, but we all know it doesn’t, and it can’t, in that form, because this is an industry that uses paper not digital documents – you first need to solve the paper issue.” Mr Mulder, whose background includes banking and the European Organisation for Nuclear Research where the world wide web was developed, said when he joined the cargo side of aviation it was, technologically speaking, 30 years behind what was available.He said blockchain’s path would mirror that of 3D printing, with the buzz percolating around the distributed ledger technology fading rapidly over the next 12 months.This, he added, was vital. Without the hype, it would be easier to extract the characteristics which generated that “excitement” in the first place.“So what will be pulled from these ashes? For me, it will be the ability to discern the chain of ownership, custody and value,” Mr Mulder said. “And, it will also be beneficial for smart contracts and payments – but it will not be applied to physical tracking and quality tracking tasks.”Mr Mulder said using blockchain to prove a chain of custody would be a big tool in cutting down on lost VAT payments. He suggested the money this generated would be enough to pay for the UK’s health service, but because logistics relied on physical processes, he re-emphasised areas it could not be applied.“It will not work for physical tracking as that is a physical process, it does not make sense to use it in this way,” he said. “And, of course, you have suggestions that it could be applied to quality tracking, but it is not designed to work in this way.” By Alexander Whiteman 12/12/2018center_img © ProductionPerig last_img read more

Read More