Watch live: U.S. House Speaker Kevin McCarthy speaks on the debt ceiling

(The stream is slated to start at 5:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) House Speaker Kevin McCarthy will deliver an address Monday on the debt ceiling. His speech comes a day before President Joe Biden is scheduled to give the annual State of … Read more

Judge suggests abortion might be protected by 13th Amendment despite Supreme Court ruling

Agnes Scott College student Jordan Simi (C) participates in a chant during a pro-abortion rights march and rally held in reaction to the leak of a draft U.S. Supreme Court majority opinion written by Justice Samuel Alito preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later … Read more

Hispanic dialysis patients face 40% higher risk of staph infection than whites, CDC says

A COVID-19 patient using a ventilator rests while his blood goes through a kidney dialysis machine (L) on the Intensive Care Unit (ICU) floor at the Veterans Affairs Medical Center on April 21, 2020 in the Brooklyn borough of New York City. Robert Nickelsberg | Getty Images Hispanic dialysis patients face a 40% higher risk … Read more

U.S. plans to stop buying Covid shots for the public this fall. Here’s what that means

A pharmacist delivers a COVID-19 booster dose at a Chicago CVS store in October. Antonio Perez | Tribune News Service | Getty Images The U.S. will stop buying Covid shots at reduced price for the entire country and shift vaccine distribution to the private market as soon as early fall, shifting the cost to U.S. … Read more

Jim Cramer’s Investing Club meeting Thursday: Meta, Eli Lilly, Estee Lauder

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Don’t sell Meta Look past Eli Lilly’s tough quarter Chance to buy Estee Lauder 1. Don’t sell Meta Shares of Meta Platforms (META) soared more than 25% Thursday morning, to … Read more

GOP attorneys general warn CVS, Walgreens against mailing abortion pill in their states

Mifepristone (Mifeprex) and Misoprostol, the two drugs used in a medication abortion, are seen at the Women’s Reproductive Clinic, which provides legal medication abortion services, in Santa Teresa, New Mexico, on June 17, 2022. Robyn Beck | AFP | Getty Images Republican attorneys general in 20 states warned CVS and Walgreens this week against mailing … Read more

The end of the Covid health emergency won’t slow FDA clearance of shots and treatments

Vials and a medical syringe seen displayed in front of the Food and Drug Administration (FDA) of the United States logo. FDA finds the COVID-19 vaccine. Pavlo Gonchar | LightRocket | Getty Images The Food and Drug Administration on Tuesday said its emergency authorizations of Covid vaccines, tests and treatments will not be impacted by … Read more

The Covid pandemic drives Pfizer’s 2022 revenue to a record $100 billion

Empty vials of Pfizer-BioNTech coronavirus disease (COVID-19) children’s vaccines are pictured at Skippack Pharmacy in Schwenksville, Pennsylvania, U.S., May 19, 2022. Hannah Beier | Reuters The ongoing Covid-19 pandemic propelled pharmaceutical company Pfizer’s earnings to a record $100 billion last year, almost $57 billion of which was driven by its vaccine and antiviral pill Paxlovid, … Read more

Jim Cramer’s Investing Club meeting Tuesday: Caterpillar, J&J, Humana

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Opportunity to buy Caterpillar Confident in decision to buy Johnson & Johnson Why buy ahead of an overhang? 1. Opportunity to buy Caterpillar Shares of Caterpillar (CAT) were down 4.2% … Read more

Pfizer expects 2023 sales to decline as much as 33% compared with record-breaking 2022

Vials containing the Pfizer/BioNtech vaccine against the coronavirus disease (COVID-19) are displayed before being used at a mobile vaccine clinic, in Valparaiso, Chile, January 3, 2022. Rodrigo Garrido | Reuters Pfizer on Tuesday issued sales guidance of $67 billion to $71 billion for 2023, a decline from its record-breaking 2022 results. The pharmaceutical company booked … Read more

Google’s ex-CEO Eric Schmidt tapped for federal biotech commission that allows members to keep biotech investments

On Dec. 30, leaders of the House and Senate Armed Services committees announced the selection of former Google CEO Eric Schmidt and 11 others to serve on a new federal commission on biotechnology. Tasked with reviewing the biotech industry and suggesting investments that would benefit U.S. security, the National Security Commission on Emerging Biotechnology is … Read more

Biden administration plans to end Covid public health emergency on May 11

U.S. President Joe Biden delivers remarks on the coronavirus disease (COVID-19) before receiving a second COVID-19 booster vaccination in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., March 30, 2022. Kevin Lamarque | Reuters The Biden administration plans to end the Covid public health emergency this spring, which … Read more

Obamacare enrollment to open this spring for people losing Medicaid after pandemic protections end

An Obamacare sign is seen outside of the Leading Insurance Agency, which offers plans under the Affordable Care Act (also known as Obamacare) on January 28, 2021 in Miami, Florida. Joe Raedle | Getty Images Millions of people in the U.S. are at risk of losing Medicaid this year when coverage protections put in place … Read more

Watch: Biden touts latest infrastructure project, replacing the 150-year-old train tunnel in Baltimore

U.S. President Joe Biden is in Baltimore, Md. on Monday to laud the latest road project funded by his Bipartisan Infrastructure Lawhighlighting the state’s plans to replace a 150-year-old tunnel that runs Amtrak trains between Washington, D.C. and New York City. The current Baltimore and Potomac Tunnel opened during the Ulysses S. Grant administration and … Read more

WHO says Covid remains a global emergency but pandemic could near its end in 2023

Director-General of the World Health Organisation (WHO) Dr. Tedros Adhanom Ghebreyesus attends an ACANU briefing on global health issues, including COVID-19 pandemic and war in Ukraine in Geneva, Switzerland, December 14, 2022. Denis Balibouse | Reuters The World Health Organization on Monday said Covid-19 remains an global health emergency as the world enters the fourth … Read more

CDC urges people with weak immune systems to take extra precautions after Covid subvariants knock out Evusheld

The Centers for Disease Control and Prevention on Friday urged people with weak immune systems to take extra precautions to avoid Covid after the dominant omicron subvariants knocked out a key antibody treatment. These precautions include wearing a high quality mask and social distancing when it’s not possible to avoid crowded indoor spaces, according to … Read more

FDA proposal would allow gay men in monogamous relationships to donate blood

A nurse fills test tubes with blood to be tested during an American Red Cross bloodmobile in Fullerton, CA on Thursday, January 20, 2022. Paul Bersebach | Medianews Group | Getty Images The Food and Drug Administration on Friday proposed new guidelines that would no longer require gay and bisexual men in monogamous relationships to … Read more

FDA withdraws Covid antibody treatment Evusheld because it’s not effective against 93% of subvariants

Evusheld (tixagevimab and cilgavimab) injection, a new COVID-19 treatment that people can take before becoming symptomatic. (Chris Sweda/Chicago Tribune/Tribune News Service via Getty Images) Chris Sweda | Tribune News Service | Getty Images The Food and Drug Administration on Thursday pulled its authorization for AstraZeneca‘s Evusheld, an antibody injection that people with weak immune systems … Read more

FDA advisors recommend replacing original Covid vaccine with bivalent omicron shots for all doses

The Food and Drug Administration’s independent advisory committee on Thursday recommended replacing Pfizer and Moderna’s original Covid vaccine used in the U.S. for everyone’s first two immunizations with the new bivalent omicron shots. If the FDA accepts the advisors’ recommendation, the U.S. would likely phase out the companies’ vaccines developed in 2020 against the original … Read more

FDA has not observed stroke risk among seniors who received Pfizer booster after extensive review

A nurses fills up syringes for patients as they receive their coronavirus disease (COVID-19) booster vaccination during a Pfizer-BioNTech vaccination clinic in Southfield, Michigan, September 29, 2021. Emily Elconin | Reuters The Food and Drug Administration has not seen any indication that seniors face an increased risk of stroke after receiving Pfizer’s omicron booster shot, … Read more

China’s Covid wave drives up consumer interest in insurance after health system shortfalls

Chuiyangliu hospital, pictured in January 2023 in Beijing, in the last few years finished renovations that allowed for a six-fold increase in daily patents to 5,000 a day, according to official estimates. Yin Hon Chow | CNBC BEIJING — At the top of the shopping list for anyone in their late 20s or older in … Read more

Precision Neuroscience, co-founded by Neuralink alum, is creating a brain implant thinner than a human hair

Array of Precision Neuroscience Source: Precision Neuroscience The human cerebral cortex is made up of six cellular layers, but at Precision Neuroscience, a team of scientists and engineers is working to build a device that’s reminiscent of a seventh. The device is called the Layer 7 Cortical Interfaceand it’s a brain implant that aims to … Read more

Omicron booster shots provide some protection against mild illness from Covid XBB subvariants, CDC says

Pfizer‘s and Modern‘s omicron boosters reduced the risk of mild illness from the XBB family of subvariants compared to people who did not receive the shot, according to a study from the Centers for Disease Control and Prevention published Wednesday. The CDC study provides the first estimate of the omicron shots’ real-world effectiveness against the … Read more

Abortion pill manufacturer GenBioPro sues West Virginia, argues FDA rules pre-empt state ban

The abortion pill manufacturer GenBioPro on Wednesday sued to overturn West Virginia’s ban on abortion because it restricts access to a medication approved by the Food and Drug Administration. The lawsuit, filed in federal court in West Virginia’s southern district, argues that FDA regulations on medications such as the abortion pill pre-empt state law under … Read more

FDA proposes new lead limits for baby food to reduce potential risks to children’s health

Jgi/jamie Grill | Tetra Images | Getty Images The Food and Drug Administration proposed new limits Tuesday on lead in baby food, in an effort to reduce exposure to a toxin that can impair childhood development. The lead limits apply to processed food consumed by children younger than two years old. In a statement, FDA … Read more