Articles
"Operating Under A Cloud of Uncertainty": Janet Yellen's FOMC Press Conference About Raising the Target Range for Federal Funds Rate to 1/2 to 3/4 %
Janet Yellen Following FOMC Meeting: "On financial regulation we lived through a devastating financial crisis that took a huge toll on our economy. Most members of Congress and the public came away from that experience feeling it was important to take a set of steps that would result in a safer and stronger financial system. I feel that we have done that. That has been our mission since the financial crisis; that's what *Dodd Frank was designed to do." more »
How Many Kinds of Birds Are There and Why Does It Matter? Gifting at the American Museum of Natural History
For the new work, Joel Cracraft, George Barrowclough, and their colleagues at Nebraska University, Lincoln and Washington University examined a random sample of 200 bird species through the lens of morphology — the study of the physical characteristics like plumage pattern and color, which can be used to highlight birds with separate evolutionary histories. This method turned up, on average, nearly two different species for each of the 200 birds studied. This suggests that bird biodiversity is severely underestimated, and is likely closer to 18,000 species worldwide. more »
The National Trend Toward Pushing Cannabis into Mainstream Culture; Seniors Increasingly Getting High
Benjamin Han, assistant professor at the New York University School of Medicine and the study’s lead author, fears that marijuana used with prescription drugs could make the elderly more vulnerable to adverse health outcomes, particularly to falls and cognitive impairment. "While there may be benefits to using marijuana such as chronic pain," he said, "there may be risks that we don’t know about." Study participants said they did not perceive the drug as dangerous, a sign of changing attitudes. more »
Pharmaceutical Executives Charged in Racketeering Scheme: In Exchange for Bribes, Practitioners wrote Large Numbers of Prescriptions of Subsys for Patients
Several pharmaceutical executives and managers, formerly employed by Insys Therapeutics, Inc., were arrested on charges that they led a nationwide conspiracy to bribe medical practitioners to unnecessarily prescribe a fentanyl-based pain medication and defraud healthcare insurers. The Massachusetts indictment alleges that these executives conspired to bribe practitioners in various states, many of whom operated pain clinics, in order to get them to prescribe a fentanyl-based pain medication. The medication, called “Subsys,” is a powerful narcotic intended to treat cancer patients suffering intense episodes of breakthrough pain. In exchange for bribes and kickbacks, the practitioners wrote large numbers of prescriptions for the patients, most of whom were not diagnosed with cancer. more »
