US Fed to signal interest rate hike, free N95 masks, California fire: 5 things to know Wednesday
Cost of masks and tests deepens a pandemic wedge between the haves and the have-nots
In recent weeks, Americans have discovered that the financial costs of the pandemic — masks, rapid tests and more — are increasingly falling on their shoulders. As Covid-19 cases have climbed, public health experts have urged people to dump their cloth masks in favor of higher-quality options and to test more frequently to curb the virus. The Centers for Disease Control and Prevention on Friday updated its mask guidance to note that the disposable N95 or KN95 masks offer the "highest level of protection" against the virus.For some, the added financial burden is an irritation — but still affordable.
Fed walks economic tightrope as it weighs raising interest rates
Amid a surge inflation that threatens to damage the economy, thethat it is ready to raise interest rates as soon as March. The Fed's short-term rate has been locked near zero since the pandemic began in 2020, which has fueled borrowing and spending by consumers and businesses – but also inflation, now rising at the fastest pace in nearly four decades. In the hope of curbing inflation, the Fed last month signaled a turnabout on rates, forecasting three increases for 2022. The Fed now faces a delicate balancing act as it aims to curtail inflation without stalling the recovery.
Oakland Students Begin School Boycott As District's Attempt To Avert Strike Fails
Over 1,200 students in the Oakland Unified School District signed a petition demanding the district move to remote learning or improve COVID-19 safety measures.More than 1,200 students in the Oakland Unified School District have signed a petition demanding the district move to remote learning unless it provides twice-weekly rapid and PCR testing in schools, KN95 or N95 masks to every student and expands seating so students can eat lunch outdoors.
- 'Spending more, getting less':
- December moves:
Rescuers search for 39 missing after boat capsizes off Florida coast
Rescue crews are continuing to search Wednesday foroff the Florida coast. The Coast Guard got a call from a "good Samaritan" early Tuesday who rescued a man clinging to the capsized vessel about 45 miles east of Fort Pierce, the agency tweeted. The survivor said he left Bimini, Bahamas with 39 other people Saturday night. The survivor said the group ran into severe weather, causing the boat to capsize, according to a Coast Guard statement. The survivor also said no one aboard was wearing life jackets. A cold front late Saturday brought rough weather to the Bimini area. The Coast Guard is calling it a suspected human smuggling case. Officials said on Twitter that they are searching by both air and sea over a roughly 135-mile area extending from Bimini to the Fort Pierce Inlet.
U.S. to make 400 million N95 masks available for free to fight COVID-19 pandemic -official
U.S. to make 400 million N95 masks available for free to fight COVID-19 pandemic -officialWASHINGTON (Reuters) - The U.S. government will make 400 million non-surgical N95 masks from its strategic national stockpile available for free to the public starting next week, a White House official said, marking the Biden administration's latest effort to help curb the COVID-19 pandemic.
Hy-Vee pharmacies in Midwest will have free N95 masks
On Wednesday, all 275 Hy-Vee pharmacies in Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, South Dakota and Wisconsin, according to Christina Gayman, a spokesperson for the company. Mask distribution has also started at Meijer stores and is expected at Walgreens later in the week. Four hundred million free N95 masks will be available to pick up at "tens of thousands" of pharmacies and community health centers that have partnered with the federal government's COVID-19 vaccination campaign. Specific dates for all stores and locations are not yet available. White House coronavirus response coordinator Jeff Zients said Friday it was the "largest deployment of personal protective equipment in U.S. history.”
- Some face masks are more protective than others —
- Are N95 and KN95 masks reusable
Two years after Kobe Bryant's death, Vanessa Bryant wages court battle over photos
Two years ago, nine people perished in a helicopter crash in the hills northwest of Los Angeles, including the NBA legend Kobe Bryant and 13-year-old daughter Gianna. His widow, Vanessa Bryant and her three other daughters are among those who have been trying to cope ever since. Vanessa Bryant is suing Los Angeles County for invasion of privacy and negligence, accusing county fire and sheriff’s department employees of improperly taking and sharing photos of her dead husband and daughter from the crash scene. She says she has suffered emotional distress because of those actions and is seeking millions of dollars in damages.is scheduled for Feb. 22. "Would you say you've been getting better or getting worse, you know?" an attorney asked her in a legal proceeding Oct. 12. "Grief isn't linear," Vanessa Bryant replied, according a partial transcript of it filed in court last week. "It's – every day is different, and I try to my best to put a smile on my face for my little girls. I want them to live in the love and not in the loss."
5 things to know for Jan. 19: Voting, Covid, Capitol riot, Trump business, Antitrust
Here's what else you need to know to Get Up to Speed and On with Your Day. (You can also get "5 Things You Need to Know Today" delivered to your inbox daily. Sign up here.)1. Voting rightsVoting rights are the focus on Capitol Hill this week as Senate Democrats seek to advance legislation that would impact voting procedures nationwide ahead of the midterm elections. Several Republican-controlled states have enacted new restrictions on such things as mail-in voting and early voting in the name of election security -- measures Democrats fear may affect turnout, especially in battleground states.
- Vanessa Bryant wins key court ruling in lawsuit over photos of
- 'It infuriates me:' Vanessa Bryant explains her anger over
Firefighters make progress in controlling wildfire along Big Sur coastline
Fire crews were making progress against a wildfire along California's picturesque Big Sur coastline. The fire, which erupted Friday evening as strong, dry, offshore winds raked California with damaging gusts,as of Tuesday night, officials said. Investigators determined that the blaze, named the Colorado Fire for its starting point in Palo Colorado Canyon, was caused by the winds blowing hot embers from a pile burning operation into nearby vegetation, Cal Fire said Tuesday. The operation, which involved burning a pile of brush or debris, apparently began on a homeowner's property, authorities said. Highway 1 from Palo Colorado Road to the Bixby Creek Bridge remains closed. An evacuation order that prompted 500 residents to leave also remains in effect.
- 19 disasters at $1 billion each. More than 500 lives lost.
Contributing: The Associated Press
This article originally appeared on USA TODAY:
10 Important facts on the market trading on Thursday .
These 10 facts are likely to ensure movement in the markets today. © Provided by finanzen.net Daniel Roland / AFP / Getty Images Keep an eye on the complete current trading day here. 1. DAX according to FED decision deep red awaits The interest rate after yesterday's session of the US Federal Reserve is likely to throw the German guide index on Thursday again significantly back towards 15,000 points. DAX is predicted by a minus of 2.1 percent at 15,137 points. 2.