The Fed Keeps Rates Near Zero, Will Use All Tools in Toolbox on Economy

The Fed Keeps Rates Near Zero, Will Use All Tools in Toolbox on Economy

Washington, DC…The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.  The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The virus and the measures taken […]

NIH Clinical Trial Shows Remdesivir Accelerates Recovery from Advanced COVID-19

NIH Clinical Trial Shows Remdesivir Accelerates Recovery from Advanced COVID-19

Bethesda, MD…Hospitalized patients with advanced COVID-19 and lung involvement who received remdesivir recovered faster than similar patients who received placebo, according to a preliminary data analysis from a randomized, controlled trial involving 1063 patients, which began on February 21. The trial (known as the Adaptive COVID-19 Treatment Trial, or ACTT), sponsored by the National Institute […]

S&P CoreLogic Case-Shiller Index Shows Annual Home Price Gains Increased To 4.2% In February

S&P CoreLogic Case-Shiller Index Shows Annual Home Price Gains Increased To 4.2% In February

New York, NY…S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for February 2020 show that home prices continue to increase at a modest rate across the U.S. More than 27 years of history are available for these data series, […]

Joint Statement by SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin on the Resumption of the Paycheck Protection Program

Joint Statement by SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin on the Resumption of the Paycheck Protection Program

Washington, DC… Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today on the resumption of the Payroll Protection Program (PPP).  “We are pleased that President Trump has signed into law the Paycheck Protection Program and Health Care Enhancement Act, which provides critical additional […]

DMV Waives Late Fees, Delays Registration Requirements & Extends Permits & IDs

DMV Waives Late Fees, Delays Registration Requirements & Extends Permits & IDs

Sacramento, CA…The California Department of Motor Vehicles today announced it is waiving late fees and penalties for vehicle registration, extending expiring identification cards, temporary operating permits and motor carrier permits.  With authority granted under today’s executive order signed by Governor Gavin Newsom, the DMV is: •    Waiving late fees and penalties for vehicle registration renewals due between […]

Reclamation Responds to State Action to Block Increased Water for Farmers

Reclamation Responds to State Action to Block Increased Water for Farmers

Washington, DC… In response to the state of California and Attorney General Xavier Becerra filing a motion for a preliminary injunction and other pleadings today regarding the Central Valley Project, Bureau of Reclamation Commissioner Brenda Burman issues the following statement: “At no other time in modern history has the State of California taken such ill-founded […]

Abbott Shipping 4,000,000 COVID-19 Antibody Tests This Month & 20,000.000 By June

Abbott Shipping 4,000,000 COVID-19 Antibody Tests This Month & 20,000.000 By June

Abbott Park, IL…This adds to Abbott’s previously announced COVID-19 molecular tests: the m2000™ lab-based test and ID NOW™ rapid point-of-care test. New antibody test will run on Abbott’s ARCHITECT® i1000SR and i2000SR laboratory instruments and will expand to its new Alinity™ i system. Abbott is shipping now and intends to distribute 4 million tests in […]

President Donald J. Trump Announces Guidelines for Opening Up America Again

President Donald J. Trump Announces Guidelines for Opening Up America Again

Washington, DC…This morning, President Donald J. Trump convened two bipartisan dialogues with Members of the Opening Up America Again Congressional Group to discuss the next chapter of the COVID-19 recovery.  This afternoon the President celebrated the vital role truckers play in keeping America well-stocked.  Later, the President discussed his health-based vision for putting our Nation […]

Governor Newsom Outlines Six Critical Indicators to Consider Before Modifying the Stay-at-Home Order and Other COVID-19 Interventions

Governor Newsom Outlines Six Critical Indicators to Consider Before Modifying the Stay-at-Home Order and Other COVID-19 Interventions

Sacramento, CA…Governor Gavin Newsom today unveiled six key indicators that will guide California’s thinking for when and how to modify the stay-at-home and other orders during the COVID-19 pandemic. The Governor noted that the progress in flattening the curve, increased preparedness of our health care delivery system and the effects of other COVID-19 interventions have […]