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The Federal Reserve on Wednesday voted to raise interest rates despite new signs of economic softening and weeks of market volatility.Central bankers unanimously agreed under Chairman Jerome Powell to lift the federal funds rate, which controls the cost of mortgages, credit cards and other borrowing, to a range of 2.25% and 2.5%.Interest rates have increased seven times since President Donald Trump took office. Four of those increases have been under Powell.The policy decision comes even as Trump called on the Fed to move cautiously "before they make yet another mistake," shortly before policy makers began their two-day policy-setting meeting in Washington on Tuesday. 688
The head of the US Food and Drug Administration says that if states don't require more schoolchildren to get vaccinated, the federal government might have to step in.Nearly all states allow children to attend school even if their parents opt out of vaccines. These vaccine exemptions are especially popular in Washington state, where a measles outbreak started last month that has now sickened at least 67 people in four states. And New York has been working to contain its largest outbreak in decades, which began in October and has sickened more than 200 people."Some states are engaging in such wide exemptions that they're creating the opportunity for outbreaks on a scale that is going to have national implications," FDA Commissioner Dr. Scott Gottlieb said Tuesday in an interview with CNN.If "certain states continue down the path that they're on, I think they're going to force the hand of the federal health agencies," he added.Gottlieb's suggestion about the federal government and vaccines was first reported by 1035
The judge presiding over the historic Oklahoma opioid trial will deliver his ruling Monday afternoon -- a decision that could have sweeping implications as other states and communities try to hold pharmaceutical companies responsible for the opioid epidemic that has killed hundreds of thousands of Americans since 2000.The state has accused Johnson & Johnson and its subsidiary, Janssen Pharmaceuticals, of creating a public nuisance that cost the state billions of dollars and destroyed thousands of lives. Johnson & Johnson has denied any wrongdoing and said it has been made a "scapegoat."Cleveland County District Judge Thad Balkman will issue his decision at 3 p.m. (4 p.m. ET) in his courtroom in the college town of Norman.It is the first state trial attempting to hold a pharmaceutical company accountable for one of the worst epidemics in history. The state has asked for nearly .2 billion to fix the epidemic 943
The clicket-clacks of dancing tap shoes have been a part of Gene GeBauer’s life for more than seven decades. These days, he uses a cane for assistance — something he says is sad, “but gee, I’m 85!”Despite the stick by his side, he still gets just as much joy as he did when he first set foot on the dance floor when he was 12 years old.“I danced so much that I just kept getting better and better and better,” GeBauer says from one of several studios in suburban Denver, Colorado, he teaches at.In fact, he was so good that he soon made his way to New York, landing parts in six of the biggest Broadway shows of the 60s and 70s.“I wanted to shout to everybody and say ‘I’m in a Broadway show!’” he says smiling. “I didn’t, but that’s how happy I was.”He danced alongside Carol Burnett in ‘Once Upon a Mattress,’ Julie Andrews in ‘Camelot,’ and Carol Channing in his favorite gig of all: ‘Hello, Dolly.’“’Hello, Dolly’ became, you know, a huge hit!” he says glowing. “That was the highlight of my life. That doesn’t really happen.”After having left New York to start a family, he eventually settled in Colorado where he’s still teaching tap. He says he’s slowing down, but his class schedule says otherwise.“I teach — ” he pauses to think. “Tuesday, Wednesday, Thursday, Friday, Saturday — five days a week.”And even though he will occasionally instruct from his chair — "I’m weak and get a little foggy sometimes” — seeing his students’ faces when they move is almost just as good. “That is a pleasure, to see them. They smile when they’re dancing, they’re happy.”“That is rewarding,” he says, smiling. 1619
The National Weather Service routinely warns people about falling rain, snow and hail, but temperatures are dropping so low in South Florida the forecasters are warning residents about falling iguanas. NWS Miami posted Tuesday on its official Twitter that residents shouldn't be surprised if they see iguanas falling from trees as lows drop into the 30s and 40s. The low temperatures stun the invasive reptiles, but the iguanas won't necessarily die. That means many will wake up as temperatures rise Wednesday. Iguanas aren't dangerous or aggressive to humans, but they damage seawalls, sidewalks, landscape foliage and can dig lengthy tunnels. 657