Business
FDA approves new Covid shots with limits on who can get them under RFK Jr.
Pfizer’s Covid vaccine Comirnaty, seen at a CVS Pharmacy in Eagle Rock, California, Sept. 14, 2023.
Irfan Khan | Los Angeles Times | Getty Images
The Food and Drug Administration on Wednesday approved the latest round of Covid vaccines in the U.S., but set new limits on who can get them.
The agency ended its broader authorization of the shots, only clearing them for people at higher risk of severe illness. That includes those 65 and up and younger adults with at least one underlying condition that puts them at higher risk.
The move could complicate access to the shots for millions of Americans, and raises questions about whether insurance plans will still cover them for healthy adults.
“The emergency use authorizations for Covid vaccines, once used to justify broad mandates on the general public during the Biden administration, are now rescinded,” Health and Human Services Secretary Robert F. Kennedy Jr. said in a post on X.
“The American people demanded science, safety, and common sense,” he said. “This framework delivers all three.”
It follows several efforts by Kennedy, a prominent vaccine skeptic, to change immunizations in the U.S. The new limited authorizations are a break from U.S. vaccine policy in previous years, which recommended an annual Covid shot for all Americans 6 months and up.
A key panel of vaccine advisors to the Centers for Disease Control and Prevention must vote to recommend the Covid shots. But Kennedy earlier this year gutted that panel and named new members, some of whom are widely known vaccine critics.
In the post, Kennedy said the shots are available for all patients who choose them after consulting with their doctors. But it’s unclear how easily patients without high-risk factors will be able to get a Covid vaccine.
Kennedy said the FDA has authorized Moderna‘s shot for those 6 months and up, Pfizer‘s vaccine for people ages 5 and up, and Novavax‘s jab for those ages 12 and up, but only for those specifically at higher risk of getting severely sick from the virus.
Adults ages 65 and up are at higher risk of severe Covid, and so are younger adults who are immunocompromised or have underlying medical conditions such as cancer, obesity, diabetes, chronic kidney disease and heart diseases, according to the CDC‘s website.
The end of the so-called emergency use authorizations means that Pfizer’s shot is no longer cleared for children ages 6 months to 4 years. It comes after Pfizer in August said it has requested that the FDA keep that authorization in place for the upcoming fall and winter season.
In a release, Pfizer confirmed that the FDA had cleared its updated Covid shot for use in adults 65 and above and those ages five through 64 with at least one underlying condition that puts them at high risk for severe illness. The company will begin shipping the shot immediately, and it will be available in pharmacies, hospitals and clinics nationwide “in the coming days.”
In a separate release, Moderna also confirmed that its updated Covid shot is approved for those 65 and up and people 6 months through 64 years of age who are at higher risk of severe illness. The company added that its new, next-generation Covid vaccine is approved for older adults and high-risk patients ages 12 through 64. Moderna said it expects the shots to be available in the coming days.
Shares of Pfizer and Moderna were trading slightly higher Wednesday afternoon, while Novavax shares dipped.
In May, the CDC dropped the recommendation that pregnant women and healthy children receive Covid shots. But the American Academy of Pediatrics diverged from the agency earlier this month, recommending Covid shots for children between 6 months and 2 years old.
In a statement on Wednesday, Dr. Susan Kressly, president of the American Academy of Pediatrics, called the FDA’s more limited approval “deeply troubling.” She said respiratory illnesses like Covid can be “especially risky for infants and toddlers, whose airways and lungs are small and still developing.”
“Any parent who wants their child vaccinated should have access to this vaccine,” she said. “Today’s unprecedented action from HHS not only prevents this option for many families, but adds further confusion and stress for parents trying to make the best choices for their children.”
She said the AAP urges the administration to “allow these choices to remain with medical experts and families.”
The American College of Obstetricians and Gynecologists also advised pregnant women to get the Covid vaccine to protect themselves and their infants, who cannot be immunized until they are 6 months old.
New Delhi: If you often use your HDFC Bank debit card for free airport lounge access, this update is important for you. The bank has changed how complimentary lounge entry works on its debit cards. Instead of simply swiping your card at the lounge, customers will now need a digital voucher to get access. Also, the minimum spending requirement has been increased, reported Moneycontrol. These new rules will come into effect from January 10, and will apply to eligible debit cardholders going forward.
How the New Lounge Voucher System Works
Once your eligibility is confirmed, HDFC Bank will send you an SMS or email with a link to claim your lounge access voucher. You’ll need to verify your request by entering an OTP sent to your registered mobile number. You will receive a voucher code or QR code after successful verification which must be shown at the airport lounge to get entry.
Minimum Spend Requirement Increased
Under the revised rules, HDFC Bank debit card users will now need to spend at least Rs 10,000 in a calendar quarter to be eligible for complimentary airport lounge access. Earlier, the minimum spend required was Rs 5,000.
However, this condition will not apply to HDFC Infiniti Debit Card holders. Customers using the Infiniti card will continue to enjoy free lounge access without any minimum spending requirement.
Eligible Transactions and Free Lounge Visits by Card Type
Only purchase transactions made using the debit card will be considered while calculating the quarterly spending requirement. Other types of transactions will not be counted, as noted by Moneycontrol.
Meanwhile, the number of complimentary lounge visits remains unchanged and continues to depend on the debit card variant:
Millennia Debit Card: 1 free visit per quarter
Platinum Debit Card: 2 free visits per quarter
Times Points Debit Card: 1 free visit per quarter
Business Debit Card: 2 free visits per quarter
GIGA Debit Card: 1 free visit per quarter
Infiniti Debit Card: 4 free visits per quarter
This means cardholders should check both their spending eligibility and card type to know how many lounge visits they can enjoy.
Which Transactions Count and Voucher Validity Explained
Only purchase transactions made using the debit card will be counted towards the quarterly spending requirement. As per Moneycontrol, the following transactions will not be included:
ATM cash withdrawals
UPI or wallet payments (GPay, PhonePe, Paytm, etc.)
Credit card bill payments made via debit card
Debit card EMI transactions
New debit cardholders will also need to meet the Rs 10,000 spending requirement to become eligible for complimentary lounge access.
Voucher Validity:
Once issued, the lounge access voucher will remain valid till the end of the next calendar quarter, after which it will expire if not used.
What This Means for Debit Card Users
With the updated lounge access rules, HDFC Bank is clearly encouraging higher card usage and digital verification. Customers who regularly use complimentary lounge benefits will now need to keep a close watch on their quarterly spending and complete the voucher process in advance. As per Moneycontrol, physical debit card swipes will no longer work from January 10, making it important for travellers to switch to the new digital voucher system.
Business
India-US trade: Exports rebound in November; supply-chain shifts and holiday restocking drive recovery, says GTRI – The Times of India
India’s exports to the US bounced back in November after two months of dip. The rebound was largely supported by supply-chain adjustments and pre-holiday season inventory restocking, according to the Global Trade Research Initiative (GTRI). This recovery came despite the US imposing 50 per cent tariffs on Indian goods since August.
November India-US trade snapshot amid higher tariffs
- Exports to the US rose 22.61 per cent in November to $6.98 billion, reversing declines seen between May and September.
- Smartphones (largest export item): Exports fell from $2.29 billion in May to $884.6 million in September, before rising to $1.8 billion.
- Gems and jewellery: Slumped from $500.2 million in May to $202.8 million in September, then rebounded to $406.2 million.
- Machinery and mechanical appliances: Declined to $516.8 million in September, before nearly returning to peak levels at $614.6 million in November.
- Pharmaceuticals: Shipments rose to $669.2 million in November, but remained below May levels.
- Mineral fuels and oils (tariff-exempt): Fell from $291.5 million in May to $251.5 million in September, before climbing to $274.3 million.
GTRI said the rebound came after a sharp fall in exports earlier in the year, triggered by uncertainty surrounding impending tariff hikes. GTRI Founder Ajay Srivastava said US buyers initially delayed orders and ran down inventories. “Once the higher tariffs became certain, exporters and US buyers began adjusting, absorbing part of the cost, renegotiating prices, and shifting toward less-affected or hard-to-substitute products,” he said.However, the think tank also warned that this recovery might not last. They claimed that it was more about adjusting to tougher tariffs rather than a permanent improvement. The think tank also added that businesses were using short-term strategies to cope with the new trade environment.
A social action charity has welcomed the decision to increase the living wage in Jersey to £15.10 per hour in 2026.
The new rate was approved this week and will come into effect at the beginning of January.
The living wage is £1.51 higher than Jersey’s minimum wage which is set to increase to £13.59 per hour from April 2026.
Caritas Jersey CEO, Patrick Lynch, said the living wage was the minimum islanders needed “in order to thrive, and not just survive here in Jersey”.
Mr Lynch said: “This will be good news for many at accredited organisations and their subcontractors, ahead of the new year, when many people will have increased rental costs and also face increases in the cost of some utilities and other day to day expenses.
“The Jersey Living Wage has never been as important as it is now for so many people with poverty unfortunately still increasing and a continued rise in food bank usage in our island.
“Putting that in perspective, in February 2022 one food bank was seeing 195 families; that figure has now risen to over 640 families.
“The majority of the people who form this increase are people in work, on minimum or low wages.”
He added the differential between the minimum wage and the Jersey Living Wage “remained worryingly high” and something “Assembly members should ponder as they debate the budget this week and look ahead to next June’s general election”.
Pakistan U19 skipper eyes World Cup glory after Asia Cup win over India
Young People's Chorus of New York City: "Jolly Toyland"
Liza Minnelli breaks silence on Rob Reiner’s shocking passing
Hitting The ‘High Notes’ In Ties: Nepal Set To Lift Ban On Indian Bills Above ₹100
Studying Abroad Is Costly, But Not Impossible: Experts On Smarter Financial Planning
KSE-100 index gains 876 points amid cut in policy rate | The Express Tribune
-
Business1 week ago
Hitting The ‘High Notes’ In Ties: Nepal Set To Lift Ban On Indian Bills Above ₹100
-
Business6 days ago
Studying Abroad Is Costly, But Not Impossible: Experts On Smarter Financial Planning
-
Business6 days ago
KSE-100 index gains 876 points amid cut in policy rate | The Express Tribune
-
Sports6 days agoJets defensive lineman rips NFL officials after ejection vs Jaguars
-
Tech1 week agoFor the First Time, AI Analyzes Language as Well as a Human Expert
-
Business3 days agoBP names new boss as current CEO leaves after less than two years
-
Entertainment6 days agoPrince Harry, Meghan Markle’s 2025 Christmas card: A shift in strategy
-
Tech4 days agoT-Mobile Business Internet and Phone Deals