AFN NEWS
Thursday, September 23, 2021
1) From ABC News, I’m Daria Albinger. An advisory panel to the CDC grappled with the question of who should get COVID 19 booster shots and when. It adjourned without a decision. The FDA could make its own decision as soon as tomorrow. President Biden also focusing today on vaccine. President Biden at a virtual summit on global vaccination effort said that government alone cannot tackle this urgent crisis. “We’ve asked our nongovernmental partners to take up the call for new actions that will solve the core challenges of making vaccines available to everyone, everywhere, solving the oxygen availability crisis, financing health security, and more. And I’m grateful.” The President says now is the time to quote “go big in order to get people vaccinated and defeat the virus.” Karen Travers ABC News at the White House.
2) Florida Department of Health will allow parents to decide whether their child will quarantine or stay in school if they’re exposed to COVID 19. “Quarantining healthy students is incredibly damaging for their educational advancement. It’s also incredibly disrupted,” Governor Ron DeSantis.
3)Time is running out for congress to pass a short-time spending bill which will prevent the government from shutting down. White House Press Secretary Jen Psaki says they are planned just in case. “They’re always working on contingency plans but our focus is on preventing it from happening.” Government will run out of money by the end of the month which is next week unless the bill is passed. Bipartisan police reform task ended without agreements after months of negotiations
4) The Federal Reserve will wind down its unusual economic
support in the coming month. As reopening continues, bottleneck is hiring difficulties
and other constraints could again prove to be greater and longer lasting than
anticipated posing upside risk to inflation. Chair Jerome Powell says
Central Bank also move up plans to consider interest rates hike from 2023 to
next year. You’re listening to ABC News.
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I’m Charles Payne, and this is the Fox
Business Report.
Stocks are rallying after the Federal Reserve’s latest
policy decision. The central bank says it would be keeping its interest rates
unchanged to near zero present and is moving up its timetable for a potential
rate hike to 2022 from 2023 as the economy and inflation pick up. Fed officials
also signaled but they are almost ready to taper the bond buying purchases. // And
Facebook stock is dropping after an executive with the social media companies
said the privacy changes from Apple continued to impact advertisers. // And FedEx
shares are tumbling after the delivery giant spent additional $450 million due
to problems of attracting workers in this latest quarter which in turn
contributed to it with an 11% drop in profit. FedEx also lowered its outlook for
the year due to a tight labor market and higher expenses.
That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.
