“Bivalent” Vaccines Submitted for FDA Approval

Moderna and Pfizer incorporate subvariants into original formula. The Food and Drug Administration has received requests for authorization of newly-developed COVID-19 vaccines from Moderna and Pfizer. The “bivalent”…

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FDA Authorizes Novavax COVID-19 Vaccine for Adolescents

Protein-based vaccine provides a new option. After receiving approval from the Centers for Disease Control, the Food and Drug Administration cleared Novavax’s COVID-19 vaccine last week for emergency…

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President Announces Major Student Loan Forgiveness

Benefits accrue to tens of millions of Americans.  President Biden is taking action Wednesday to forgive $10,000 or more in federal student loan debt, a move that would…

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Administration Forecasts $1.7 Trillion Deficit Reduction

The amount is lower than what they estimated in March.  The Office of Management and Budget said the federal deficit will decline by $1.7 trillion this year, representing…

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HHS Hosts PandemicX Technology Development Accelerator

Webinar cultivates public and private health collaboration. The Department of Health and Human Services hosted a webinar on Thursday with 15 health technology startups participating in the inaugural…

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White House Seeks Ideas on Student Loan Relief

The pandemic payment and interest pause faces an August 31 deadline.  The White House held a virtual meeting Thursday with student debt activists and advocacy groups, the latest…

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Commerce Secretary Commends the CHIPS and Science Act

She is encouraged by the renewed focus on domestic manufacturing After President Biden signed the CHIPS and Science Act of 2022 into law on Tuesday, Secretary of Commerce…

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U.S. Experiences Decline in Worker Productivity

The annual rate shows the largest drop on record.  The Labor Department reported Tuesday that U.S. worker productivity fell sharply in the second quarter. On an annualized basis,…

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Unemployment Claims Increase as Layoffs Rise

The number has reached the highest since November of last year. On Thursday, the Labor Department released its weekly report on the job market. For the week ending…

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Education Department Underestimated Cost of Student Loan Program

The problem was reportedly due to flawed assumptions.  A Government Accountability Office report shows the Department of Education underestimated the cost of the federal student loan program by…

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