Biden

Murray Kessler, head of formula giant Perrigo, has warned shortages of baby food could last throughout 2022

Baby formula boss warns crisis will last ALL YEAR as Biden claims it will be eased in weeks

The head of one of the four companies that control 90 percent of the U.S. market for baby formula has warned that the shortages nationwide could last until the end of the year, as President Joe Biden’s critics mocked his claim that ‘only a mind reader’ could have predicted the current crisis. On Friday CEO …

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FDA, Biden ‘dropped the ball’ on baby formula crisis, experts say

FDA, Biden ‘dropped the ball’ on baby formula crisis, experts say

The FDA “dropped the ball’’ on the country’s baby-formula  crisis   —   shutting down a crucial plant on top of  product recalls and then not warning parents of the ramifications, experts told The Post on Friday.Desperate moms and dads have been trawling stores across the country in search of baby formula ever since mega-manufacturer Abbott issued a safety …

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Bitcoin's crashing. The Biden administration wants to keep it out of your 401(k).

Bitcoin’s crashing. The Biden administration wants to keep it out of your 401(k).

“The atmospherics — the YOLO and the FOMO of cryptocurrency — are our concerns,” Labor Department Acting Assistant Secretary Ali Khawar said in an interview. “Right now, you don’t know whether you’re betting on the winning horse or not. It’s very speculative.” Fidelity — one of the most prominent old-school financial giants to embrace digital …

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Biden dismisses the idea that his administration should have acted sooner on baby formula shortage

Biden dismisses the idea that his administration should have acted sooner on baby formula shortage

Following remarks in the White House Rose Garden, Biden pushed back when asked if the administration should have reacted faster to shortages of baby formula nationwide, telling CNN’s Jeremy Diamond, “If we’d been better mind readers, I guess we could have.” The President later said resolving the issue requires that the federal government “move with …

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Biden, lawmakers rush to address formula shortage

Biden, lawmakers rush to address formula shortage

Placeholder while article actions load President Biden and lawmakers from both parties are scrambling to address a growing lack of baby formula in many stores that has made it difficult for some parents to feed their young children. On Thursday, Biden received an update from retailers and manufacturers, including Wal-Mart, Target, Reckitt and Gerber. Then …

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Gas prices reach record highs as Biden vows inflation top priority

Gas prices reach record highs as Biden vows inflation top priority

Placeholder while article actions load President Biden on Tuesday said tackling inflation is his top domestic priority as gas prices surged to a new high despite White House efforts to stabilize them. The average price for a gallon of gas nationwide hit $4.37, the highest price AAA has recorded since it started keeping track in …

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