In the last week, 3,283,000 Americans have applied for unemployment, an increase of 3,000,000 from the week before. This marks the highest level of new initial unemployment claims in U.S. history; the previous high was 695,000 in October of 1982. Previously, the total number of people unemployed was 5.8 million,…
Now Over 1,000 Deaths due to Coronavirus in U.S.
March 25, 2020
There have now been over 1,000 deaths due the coronavirus in the United States. New York has seen the most coronavirus deaths with 366, followed by Washington with 133. More than 69,000 Americans are reported to have the illness.
Department of Education to Refund $1.8 Billion to Student Loan Borrowers
March 25, 2020
The Department of Education will “refund approximately $1.8 billion in offsets to more than 830,000 borrowers” of student loans. Due to the COVID-19 national emergency, U.S. Secretary of Education Betsy DeVos announced that the Education Department will also “halt collection actions and wage garnishments (requiring employers to send a certain…
Insulin Regulation Change Paves Way to Increased Competition, Potential Lower Prices says FDA
March 23, 2020
A new regulatory process for insulin “is expected to increase patient access, adding more choices and potentially reducing costs of [insulin]”, according to the Food and Drug Administration (FDA). In accordance with the Biologics Price Competition and Innovation Act of 2009, insulin will now be categorized as a “biological” drug,…