Reuters US Domestic

(Reuters) – Walt Disney Co will close its theme and water parks on Wednesday and Thursday as Hurricane Ian nears the coast of Florida, the company said on Tuesday. Residents of Florida’s Gulf Coast headed for higher ground as the hurricane threatens to bring a deadly storm surge and more than a foot of rain …

Disney to shutter Florida theme parks as Hurricane Ian draws near Read More »

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday a housing shortage is a key driver of the nation’s historic surge in inflation. “Since the Great Recession, the United States has not built enough housing to keep price growth relatively modest,” Harker said in an essay …

Fed’s Harker says housing shortage a key inflation driver Read More »

WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell said an energy permitting proposal by Democratic Senator Joe Manchin is a “poison pill” in a stop-gap spending package to keep federal government funding running past Friday. McConnell urged fellow Republican lawmakers to vote ‘no’ in a procedural vote on the spending measure scheduled for Tuesday. …

U.S. Senate Republican leader opposes Manchin energy permitting proposal included in stop-gap spending bill Read More »

(Reuters) – The U.S. Food and Drug Administration said on Tuesday it will now review only a small number of emergency use authorization requests for COVID tests that are likely to have a significant benefit to public health, including fulfilling an unmet need. The agency is revising its COVID-19 test policy in light of the …

U.S. FDA to review fewer emergency use requests for COVID tests Read More »

By Michael S. Derby NEW YORK (Reuters) – The Biden administration’s plan to provide student loan debt forgiveness will most benefit Americans who live in less affluent parts of the country – the South in particular, a report from the Federal Reserve Bank of New York said Tuesday. The administration’s plan “pushes more forgiveness dollars …

N.Y. Fed: Biggest student debt relief favors least well off Read More »

By Ahmed Aboulenein WASHINGTON (Reuters) -U.S. President Joe Biden claimed victory on Tuesday for a drop in costs for tens of millions of Americans covered by the Medicare health program, though it is primarily due to a decision to severely limit coverage of an expensive, new Alzheimer’s drug. Biden highlighted a drop in premiums next …

Biden Medicare costs victory due mostly to Alzheimer’s drug change Read More »

By Trevor Hunnicutt WASHINGTON (Reuters) – “Yes,” U.S. forces will defend Taiwan if it is invaded by China. Russian President Vladimir Putin is a “butcher” who “cannot remain in power.” And the COVID-19 pandemic is “over.” U.S. President Joe Biden’s tendency to ad-lib in impromptu press situations is often referred to in Washington as his …

Analysis-Gaffe or insight? Deciphering Biden’s unguarded answers Read More »