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Yahoo Finance’s Emily McCormick breaks down the latest Consumer Price Index data.
Yahoo Finance’s Emily McCormick breaks down the latest Consumer Price Index data.
House Republicans are expected to vote Wednesday to remove Cheney as House GOP Conference chair because she refuses to back Trump's election lies.
The health tech specialist could save lives -- and deliver impressive growth to shareholders along the way.
The Metropolitan Opera reached a tentative agreement Tuesday on a four-year contract with the American Guild of Musical Artists, one of three major labor deals needed for the New York company to resume performances in September. The Met's contract with Local 802 of the American Federation of Musicians expires July 31 and its agreement with Local One of the International Alliance of Theatrical Stage Employees expired last July 31. The Met locked out Local One on Dec. 8 and has said it was exploring the use of outside workers to start construction of sets for next season’s new productions.
GettyBy Kristine BowmanWith the first COVID-19 vaccine now authorized for adolescents, ages 12 and up, a big question looms: Will students be required to get the vaccine before returning to their classrooms in the fall?As a professor of education policy and law and a former attorney for school districts, I regularly think about this sort of question.In the United States, school vaccination requirements are established by states rather than the federal government. The 10th Amendment to the U.S. Constitution allows states to make regulations protecting public health.Every state currently requires K-12 students to be vaccinated against some diseases, although the requirements—including which shots are deemed necessary and the reasons students can opt out—vary from one state to another.Who can opt out of school shots?No state yet requires students to receive a COVID-19 vaccine, but how states manage other vaccines and exemptions, and how the rules can change during outbreaks, can help us think about how a COVID-19 vaccine requirement might work.For example, students in all states can be exempt from vaccination requirements if they have a valid medical reason, such as a weakened immune system or allergic reaction to a vaccine.In 44 states, students also can opt out of vaccination requirements for religious reasons, though most major religions do not prohibit vaccines. Some states are considering rescinding religious exemptions because of concern about declining levels of vaccinations and local outbreaks of diseases such as measles. Connecticut rescinded its religious exemption in April 2021.Fifteen states permit philosophical exemptions based on moral or ethical concerns. According to the Centers for Disease Control and Prevention, only about 2.5% of U.S. kindergartners used an exemption last year, the same as the previous year, and most were for religious or philosophical reasons.Of particular importance right now is that states also take different approaches to exemptions during an outbreak. Thirty-two states ban unvaccinated students from attending school during an outbreak. A handful of states do not allow vaccine exemptions during an outbreak.What You Need to Know About Kids and the COVID-19 VaccineWhat the courts say about mandatory vaccinesThe U.S. Supreme Court has supported states’ authority to make these decisions for over a century.In May 1901, a smallpox epidemic began in Boston. Now-familiar disease prevention measures were put into place: Sick patients were quarantined for treatment, and the city began a free, voluntary vaccination program. By December of that same year, the city had not contained the epidemic, so a local health commission required all adult residents to be vaccinated under the authority granted by the state.The local government fined those who refused to be vaccinated, and one man disputed this fine by suing the state of Massachusetts. In 1905, the Supreme Court heard his case and held that a state can require vaccination in the interest of public health.Today, some health law experts think vaccination requirements are important enough that they can still trump claims including individual religious liberty, while others are more skeptical.The COVID-19 vaccines have one key difference—they have only emergency use authorization at this point, not full FDA approval. The FDA’s emergency use statute says people receiving the drug must be informed “of the option to accept or refuse administration of the product” but also “of the consequences, if any, of refusing.” How a lack of full approval would affect state decisions about school vaccine mandates and how the courts might view those decisions remains to be seen.In another context, military service members can be required to receive vaccines but are allowed under federal law to opt out of vaccines that have only emergency use authorization, unless the president waives that provision.Pfizer, the drugmaker whose vaccine received emergency use authorization for adolescents on May 10, 2021, has started the review process for full approval for use in ages 16 and older. The review for adolescents will start later. Vaccine testing is still underway for younger children.Vaccinations for adolescents could start within days of the FDA authorization, once a committee advising the Centers for Disease Control and Prevention makes a recommendation, expected May 12.Can individual schools issue their own requirements?Because states enact vaccine requirements to protect public health, school vaccine requirements generally apply to public and private K-12 schools, and also to daycare facilities. Only a handful of states require college and university students to be vaccinated, so in practice, determining and enforcing vaccine requirements is usually up to individual higher education institutions.A growing number of colleges and universities have announced that they will require all students who plan to be on campus to receive the COVID vaccine. Other institutions are requiring the vaccine only for students who want to live in dorms. However, at least one state legislature—Michigan’s—is considering barring state universities from requiring vaccines as a condition of taking in-person classes, contending a vaccine requirement would infringe on matters of individual choice.This raises the interesting question of whether an individual school district, like an individual college or university, could require students to be vaccinated against COVID-19.When school vaccine requirements began in the late 19th century, the goal was to prevent the spread of smallpox. By 1915, 15 states and Washington, D.C., required students to receive the smallpox vaccine, and 21 other states allowed local governments such as school districts and county health departments to impose such a requirement.School vaccination requirements have proliferated over the past century, in response to both specific outbreaks and the growing acceptance of vaccine mandates as public health policy. Although most vaccination requirements have been issued at the state level in recent decades, whether school districts can add to the list of required vaccines remains an open question, and may vary by state.It is also a question that courts will likely soon engage. In January 2021, the Los Angeles Unified School District announced that it plans to require its students to receive the COVID vaccine once a vaccine is approved and available. Los Angeles Unified is the nation’s largest school district. As fall nears—and assuming clinical trials continue to demonstrate both efficacy and safety—we may see more districts pursue this option.Kristine Bowman is a professor of law and education policy at Michigan State UniversityRead more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
The number of unaccompanied children encountered on the U.S. border with Mexico in April eased from an all-time high a month earlier, while more adults were found coming without families, authorities said Tuesday. Authorities encountered 17,171 children traveling alone, down 9% from 18,960 in March, according to U.S. Customs and Border Protection, but still well above the previous high of 11,475 reported in May 2019 by the Border Patrol, which began publishing numbers in 2009. Overall, the Border Patrol’s 173,460 encounters with migrants on the Mexican border in April were up 3% from 169,213 in March, the highest level since April 2000.
A top U.N. envoy urged Iraqis on Tuesday to uphold the integrity of “all-important national elections” next October, saying the world will be watching to see that voting is free and transparent without political pressure or interference. Jeanine Hennis-Plasschaert, the U.N. special representative for Iraq, told the Security Council that the Iraqi people demanded these elections during demonstrations in which some paid with their lives and “now is not the time to let them down.”
An outdated BMI system could be leaving people from ethnically diverse backgrounds at higher risk from type 2 diabetes. A study has found that the BMI (body mass index) system has outdated cut-offs, meaning people from diverse backgrounds are more likely to develop the disease at a much lower BMI than those from white backgrounds. Researchers have called on the NHS to adopt ethnic-specific obesity cut-off points to make sure people from ethnically diverse backgrounds are being checked early enough to spot the disease.
Shane Bieber pitched out of some early trouble before extending his strikeout record and César Hernández hit a two-run homer, sending the Cleveland Indians to a 3-2 win over the Chicago Cubs on Tuesday night. Bieber (4-2) struck out eight and has now fanned at least that many in 20 consecutive starts, a major league mark he builds on every time out. The right-hander's streak was in jeopardy, but he got Nick Martini for strikeout No. 8 in the seventh.
On Monday, representatives for the Halston Archives and Family slammed Netflix’s anticipated drama Halston, calling it “an inaccurate, fictionalized account.” “The HALSTON Archives and Family were not consulted on the upcoming Netflix series,” they said in a statement released via PR Newswire. “The HALSTON Archives remains the only definitive and comprehensive source on the man and his […]
LeBron James will miss at least one more game to make sure his sprained right ankle is as healthy as possible. The four-time MVP will not play against the New York Knicks on Tuesday after practicing on Monday. Coach Frank Vogel said it is possible that James could return on Wednesday when the Lakers have their final regular-season home game against Houston.
Researchers in Singapore have found a way of controlling a Venus flytrap using electric signals from a smartphone, an innovation they hope will have a range of uses from robotics to employing the plants as environmental sensors. Luo Yifei, a researcher at Singapore's Nanyang Technological University (NTU), showed in a demonstration how a signal from a smartphone app sent to tiny electrodes attached to the plant could make its trap close as it does when catching a fly. "Plants are like humans, they generate electric signals, like the ECG (electrocardiogram) from our hearts," said Luo, who works at NTU's School of Materials Science and Engineering.
A California judge has dismissed a Twitter lawsuit against Texas Attorney General Ken Paxton in which the social medium accused the Republican of using his office to retaliate for Twitter's banning the account of former President Donald Trump. Twitter had imposed the lifetime ban following the Jan. 6 riot at the U.S. Capitol in which five people died. Days later, Paxton announced an investigation into Twitter and four other major technology companies for what he called “the seemingly coordinated de-platforming of the President.”
Downing Street’s plans for the year ahead make headlines on Wednesday.
Samuel Corum/GettyIn a fiery address given from the floor of the House of Representatives late Tuesday, Rep. Liz Cheney (R-WY) vowed to continue her crusade against former President Donald Trump despite becoming a persona non grata in her own party.“Today, we face a threat America has never seen before. A former president who provoked a violent attack on this Capitol, in an effort to steal the election, has resumed his aggressive effort to convince Americans that the election was stolen from him,” said Cheney, the third-most powerful Republican in Congress. Cheney faces a near-certain ouster from congressional leadership on Wednesday, in which she serves as conference chair. She cast the stripping of her post as an inflection point for the Republican Party, which on the whole remains loyal to the twice-impeached president, who has repeatedly claimed that the 2020 vote was rife with fraud, despite no evidence ever emerging to support this claim, and several courts throwing out lawsuits making such allegations.“Remaining silent and ignoring the lie emboldens the liar,” Cheney continued. “I will not participate in that. I will not sit back and watch in silence while others lead our party down a path that abandons the rule of law and joins the former president’s crusade to undermine our democracy. Our election was not stolen, and America has not failed.”Cheney has faced fierce blowback from her own party over her criticism of the former president, which included voting to impeach him following the Jan. 6 attack on the U.S. Capitol. House Minority Leader Kevin McCarthy (R-CA) has endorsed Rep. Elise Stefanik (R-NY) to take Cheney’s place, and he was caught on a hot mic saying he had “had it with her.” Rep. Matt Gaetz (R-FL) traveled to Cheney’s home state to hold rallies against her.Republican lawmakers also reportedly walked out ahead of Cheney's speech late Tuesday, with Rep. Ken Buck (R-CO) the only one who stayed behind to listen to her, according to CNN’s Annie Grayer.Of Trump, Cheney warned: “He risks inciting further violence. Millions of Americans have been misled by the former president. They have heard his words, but not the truth. As he continues to undermine our democratic process, sowing seeds of doubt about whether democracy really works at all.”The GOP has stayed by Trump’s side despite his loss in the 2020 election and his continued whinging claims of election fraud. Sen. Lindsey Graham (R-SC), one of Trump’s closest allies and staunchest defenders, said earlier Tuesday that the party would deflate without him.“He’s the most popular Republican in the country by a lot,” Graham told Fox News. “If you try to drive him out of the Republican Party, half the people will leave.” He added that he had lost confidence in Cheney as a leader.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
Shortly after coronavirus shut down New York last spring, Herman James picked up his clippers, headed outside and found himself a new identity: the Central Park barber. A year on, business is good for the 33-year-old, the only known hairdresser and latest attraction in Manhattan's green lung, renowned for its musicians, roller discos and birds.
Some 4,000 fans attended the O2 Arena as part of the Government pilot event.
Joseph Dean was found "conscious and breathing" on Monday morning near the Horsetail Creek Trail in Multnomah County, Oregon, according to officials
Asian shares languished near one-month lows on Wednesday as investors speculated surging commodity prices and growing inflationary pressure in the United States could lead to earlier rate hikes and higher bond yields globally. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.1%, after tumbling 1.6% on Tuesday for its biggest daily percentage drop since March 24. "There isn't a clear catalyst behind this purge," said Marios Hadjikyriacos, investment analyst for XM.
(Bloomberg) -- Asian stocks and U.S. equity futures fell Wednesday after a drop on Wall Street amid concern that faster inflation and the surge in commodities could test the recovery from the pandemic.Stocks slid in Japan, South Korea and Australia. U.S. contracts retreated after the S&P 500 declined for a second day following a record high Friday. Dip buyers helped the tech-heavy Nasdaq 100 erase a loss of almost 2% to finish little changed.Treasury yields were steady and the dollar edged higher from around the lowest levels of this year. Investors are awaiting an inflation report and government debt sales in the U.S. -- events that could trigger another bond selloff. Consumer price inflation is set to accelerate, with the year-on-year comparison amplified by the shock of economic shutdowns in 2020.Australia’s 10-year bond yield jumped after the government unveiled a big-spending budget to spur the country’s rebounding economy.Debate continues over whether price pressures will be persistent enough to force the Federal Reserve to tighten policy sooner than current guidance suggests. A chorus of Fed officials said the U.S. economy is on the road to recovery but still faces risks, and reiterated that it’s premature to discuss pulling back monetary support.“It’s all about inflation expectations,” Priya Misra, TD Securities global head of rates strategy, said on Bloomberg Television, adding that if the U.S. CPI report signals “inflation is likely to be higher for a while, I think the taper discussion will come back into the forefront and then we can get a bigger interest rate move.”The weaker dollar boosted oil, helping to offset the effects of rising inventories in the U.S. Gulf Coast in response to the Colonial Pipeline shutdown.Copper traded near a record, and the Bloomberg Commodity Spot Index hovered around the highest levels in almost a decade. A commodity exchange in China raised trading limits and margin requirements as authorities try to temper prices after a scorching rally in industrial commodities.Here are some key events to watch this week:U.S. CPI report Wednesday is forecast to show prices continued to increase in AprilBank of England Governor Andrew Bailey speaks WednesdayThese are some of the main moves in markets:StocksS&P 500 futures fell 0.4% as of 9:47 a.m. in Tokyo. The S&P 500 index fell 0.9%.Nasdaq 100 contracts lost 0.5%. The index was little changed.Japan’s Topix index shed 1%.Australia’s S&P/ASX 200 index was down 0.6%.South Korea’s Kospi index fell 0.8%CurrenciesThe yen fell 0.1% to 108.75 per dollarThe offshore yuan was at 6.4283 per dollarThe Bloomberg Dollar Spot Index added 0.1%The euro traded at $1.2141BondsThe yield on 10-year Treasuries held at 1.62%Australia’s 10-year bond yield climbed more than five basis points to 1.78%CommoditiesWest Texas Intermediate crude rose 0.2% to $65.43 a barrelGold was at $1,835.19 an ounceFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Mexican authorities on Tuesday ordered the General Motors Co union in the city of Silao to repeat a worker vote following pressure from U.S. lawmakers for the automaker to address alleged abuses that could potentially violate a new trade deal. Mexico's labor ministry said it found "serious irregularities" in last month's vote, which is required under a Mexican labor reform to ensure workers are not bound to contracts that are signed behind their backs and protect company interests. GM's union must hold a new vote within 30 days, the ministry said.