How North West Saved Mother Kim Kardashian’s 2023 Met Gala Gown

Kim Kardashianyou’re doing great, sweetie.

There’s no denying the Kardashians star made a stunning entrance at the 2023 Met Gala in a custom-made Schiaparelli gown, embellished with 50,000 freshwater pearls, draped across her cleavage and from the hips down. A fitted corset served as the centerpiece while she accessorised with a white floor length scarf, matching heels and a chandelier necklace. (See each swoon arrival here.)

After exiting the fashion event on May 1st, however, the SKIMS founder literally had to clutch her pearls when the bottom half of her dress broke apart, tearing strands of pearls and scattering them all over the floor.

But in true Kim fashion, she handled the wardrobe malfunction like a pro and smiled for the paparazzi as she headed into the Ritz-Carlton Hotel. But long before the night was over, she had admitted that her design was somewhat problematic.

Ford cuts the value of the electrical Mustang Mach-E by 1000’s of {dollars}

The Ford Mustang Mach-E is unveiled at the New York International Auto Show on April 5, 2023 in Manhattan, New York City.

David Dee Delgado | Reuters

DETROIT- Ford engine is again slashing entry prices of its electric Mustang Mach-E by thousands of dollars as the automaker ramps up production of the crossover and reopens order banks for the vehicle.

The Detroit automaker said Tuesday it would drop prices on the Mach-E by $1,000 to $4,000. The cuts will drop the vehicle’s starting price between $42,995 and $59,995.

The reductions follow recent price adjustments in the electric vehicle market Tesla cut prices several times this year, but this week also raise prices slightly for some models.

Ford last announced it would cut prices for the Mach-E by $600 to $5,900 in January, weeks after Tesla announced similar price cuts for vehicles like the Mach-E-like Model Y.

Automakers are trying to balance growth and losses/gains when it comes to electric vehicles — something Wall Street analysts have been watching to better guide the company’s strategies with vehicles.

“Like others [automakers]Ford must decide what type of EV strategy to pursue: grow fast and burn money, or take a more focused approach that prioritizes capital discipline,” Adam Jonas, an analyst at Morgan Stanley, said in an investor note last week.

Tesla CEO Elon Musk said last month the company will prioritize growth over profits in a weak economy.

Musk said the company “believes that the pursuit of higher volumes and a larger fleet is the right choice here, as opposed to lower volume and higher margin,” but noted that he expects Tesla vehicles “Able to generate significant gains over time through autonomy.”

In addition to the price change, Ford said Tuesday that standard-range Mach-E models will now be powered by lithium-iron phosphate batteries instead of lithium-ion. The vehicles will also add additional horsepower and range, Ford said.

“Increasing production of the Mustang Mach-E in the second half of this year is part of Ford’s plan to scale electric vehicles and make them more accessible and affordable for customers,” Ford said in a press release.

Ford also said Tuesday that its hands-free BlueCruise driver-assistance system will be available on all Mustang Mach-E models. A free 90-day trial of the system is included for new owners. Ford said a three-year subscription to BlueCruise will cost $2,100, up from $1,900.

Pfizer (PFE) Quarterly Report 2023

Pfizer on Tuesday reported first-quarter sales and adjusted earnings that beat Wall Street expectations, despite a decline in sales attributed to lower demand for the company’s Covid vaccine.

Shares of the pharmaceutical giant were largely unchanged on Tuesday. Shares are down more than 23% for the year through Monday’s close, putting the company’s market value at around $221.3 billion.

Here’s what Pfizer reported versus Wall Street expectations, based on a poll of analysts by Refinitiv:

  • Earnings per share: Adjusted $1.23 vs. 98 cents expected
  • Revenue: $18.28 billion versus $16.59 billion expected

Pfizer posted net income of $5.54 billion, or 97 cents a share. That compares to $7.86 billion, or $1.37 per share, in the first quarter of 2022.

The company reported revenue of $18.28 billion in the first quarter, down 29% from the same period last year.

Sales of the company’s Covid vaccine fell $10 billion, or 75%, from the year-ago quarter. Pfizer said this was mainly due to lower contracted supplies and demand in international markets.

The drop was also due to lower contracted shipments from the US government, Pfizer said, as the country prepares to move Covid products to the commercial market later this year.

Sales of Pfizer’s Covid antiviral pill Paxlovid rose $2.8 billion in the first quarter compared to the same period last year. Pfizer said Paxlovid’s revenue was driven by new launches in certain international markets and strong demand in China due to rising Covid cases.

Sales were also boosted by final deliveries related to a US contract secured in late December.

Paxlovid first made an emergency appearance in the US market in late December 2021. Pfizer hopes to get full Food and Drug Administration approval for the drug this year. Still, the company expects full-year Paxlovid sales to fall 58% compared to 2022.

Excluding sales of Covid products, Pfizer said sales were up 5% in the first quarter from the same period a year ago.

That growth was fueled by products from recently acquired companies, according to Pfizer. These include Biohaven Pharmaceutical’s migraine drug Nurtec ODT and Global Blood Therapeutics’ sickle cell disease treatment Oxbryta, which contributed $167 million and $71 million, respectively.

The company said the surge was also due to strong sales of drugs like sulperazon, an antibiotic used to treat urinary tract infections, and blood thinner Eliquis.

The New York-based company maintained its 2023 revenue guidance of $67 billion to $71 billion. Pfizer also reiterated its full-year adjusted earnings guidance of $3.25 to $3.45 per share.

However, Pfizer continues to expect Covid-related sales to decline this year. The company reiterated its forecast of $13.5 billion in 2023 Covid vaccine sales and $8 billion in revenue for Paxlovid.

Pfizer CEO Albert Bourla said the company expects this year to be a “transition year” for Covid sales as the US pivots to the commercial market for Covid products.

He said the company expects uptake of its Covid vaccine in the US to decline this year and into 2024.

However, Bourla noted that Pfizer expects vaccination rates to recover beginning in 2025 and “continue into 2026 and beyond” provided the company successfully rolls out multiple Covid combination vaccine treatments.

He said the company expects a similar trend outside the US, with some variance in certain countries.

Excluding Covid products, Pfizer expects sales to grow 7% to 9% this year.

Bourla said that’s because the majority of the company’s near-term product launches are expected to occur in the second half of this year. The company expects to launch 19 vaccines and treatments over the next 18 months, he noted.

“As such, we expect our non-Covid revenue to grow faster in the second half of the year than the first,” Bourla said during the earnings call.

Pfizer and other drug companies like Modern And Johnson&Johnson have braced themselves for a sharp drop in Covid-related sales this year as the world emerges from the pandemic and relies less on blockbuster vaccines and treatments for the virus.

But Pfizer is pinning its hopes on mergers and acquisitions and a record-breaking pipeline to help the company navigate its post-pandemic boom.

That pipeline includes Pfizer’s RSV vaccine for use in older adults, which could receive FDA approval later this month.

The pipeline also includes the company’s new pediatric pneumococcal vaccine and an ulcerative colitis drug from recently acquired Arena Pharmaceuticals.

Pfizer also said last year that it plans to hit $25 billion in dealmaking revenue by 2030.

The company has already made strides toward that goal with its $43 billion acquisition of Seagen in March. According to Pfizer, Seagen’s cancer therapies could contribute more than $10 billion in risk-adjusted sales by 2030.

Read the winning announcement.

This is an evolving story. Check for updates again.

Trump melted and threw a reporter’s telephones when requested in regards to the Manhattan case

On his plane after his Waco, TX rally, former President Donald Trump melted and threw reporter’s phones when asked about the Manhattan case against him that resulted in 34 felonies.

Vanity Fair received a record of Trump’s treatment of NBC News reporter Vaughn Hillyard and reported:

Hillyard’s questions at the time revolved around Trump’s posts on Truth Social; The former president had warned there could be “possible death and destruction” if impeached. When Hillyard tried again to clarify Trump’s “version of events” surrounding the prosecutors’ investigation, the ex-president said, “I don’t want to speak to you.” Hillyard tried to ask a different question. “You hear me? You’re not a nice guy,” Trump said, turning to take a question from another reporter. When Hillyard tried to get an answer a third time, Trump lost his composure. “Okay, let’s go , get him out of here,” Trump said. “Get out of here. Get out of here,” Trump said, while Hillyard tried again, “The special counsel, sir.” A deeper voice, apparently belonging to a Trump campaign aide, is heard saying, “Vaughn, we’re done.”

Trump then grabbed one of the phones recording the chatter and asked, “Whose is that?” Hillyard replied that it was his. Trump picked up another phone and asked the same question. “That’s mine, too,” Hillyard said. The former president tossed both phones out of sight onto the seat next to him; In the recording, one of the phones can be heard hitting a surface.

Hillyard was far more diplomatic when discussing his interaction with Trump at the time on MSNBC.

The NBC reporter said Trump was pissed and would not answer questions. He didn’t say Trump tried to throw him out of the crowd, lost him and threw Hillyard’s phones.

This is the same guy CNN is giving a nationally televised town hall next week. Trump would not answer questions from mainstream journalists about the Manhattan case before he was indicted.

CNN probably thinks they’re playing it safe but only lets Trump answer questions from an audience of Republican primary voters, but the former president seems unstable.

Trump has attempted to overthrow the government, and if anything, his emotional state has deteriorated since losing the 2020 election.

The Trump team is trying to cover up his behavior, but it will come out, and every time it does it will remind voters that Trump is totally unelectable and shouldn’t be anywhere near the Oval Office.

Jason is the managing editor. He is also a White House press pool and congressional correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His thesis focused on public policy with a specialization in social reform movements.

Awards and professional memberships

Member of the Society of Professional Journalists and the American Political Science Association

Scientists are creating an AI system that focuses on changing ideas into textual content

Alex Huth (left), Shailee Jain (center) and Jerry Tang (right) prepare to collect brain activity data at the University of Texas Biomedical Imaging Center at Austin. The researchers trained their semantic decoder using dozens of hours of participants’ brain activity data collected in an fMRI scanner.

Photo: Nolan Zuk/University of Texas at Austin.

Scientists have developed a non-invasive AI system that focuses on translating a person’s brain activity into a stream of text, according to a peer-reviewed study published Monday in the journal Nature Neuroscience.

Dubbed a semantic decoder, the system could ultimately benefit patients who have lost their ability to communicate physically after stroke, paralysis or other degenerative diseases.

Researchers at the University of Texas at Austin developed the system in part using a Transformer model similar to the models supporting Google’s Bard chatbot and OpenAI’s Chatbot ChatGPT.

Study participants trained the decoder by listening to several hours of podcasts in an fMRI scanner, a large device that measures brain activity. The system does not require any surgical implants.

PhD STUDENTS JERRY TANG PREPARE TO COLLECT BRAIN ACTIVITY DATA AT THE UNIVERSITY OF TEXAS BIOMEDICAL IMAGING CENTER IN AUSTIN.

Photo: Nolan Zuk/University of Texas at Austin.

Once trained, the AI ​​system can generate a stream of text as the participant listens or imagines telling a new story. The resulting text is not an exact transcript, but the researchers designed it with the intention of capturing general thoughts or ideas.

According to a press release, about half the time, the trained system produces text that closely or exactly matches the intended meaning of the participant’s original words.

For example, when a participant heard the words “I don’t have a driver’s license yet” during an experiment, the thoughts were translated to “She hasn’t even started learning to drive yet”.

“For a non-invasive method, this is a real advance compared to what has been done before, which typically consists of single words or short sentences,” said Alexander Huth, one of the study’s leaders, in the press release. “We get the model to decode continuous speech over longer periods of time with complicated ideas.”

Participants were also asked to watch four videos with no sound while inside the scanner, and the AI ​​system was able to accurately describe “specific events” from them, the press release said.

As of Monday, the decoder cannot be used outside of a laboratory setting because it relies on the fMRI scanner. However, according to the statement, the researchers believe it could eventually be used via more portable brain imaging systems.

The study’s lead investigators have filed a PCT patent application for this technology.

Alicia Keys invitations teenage taking pictures sufferer Ralph Yarl to a live performance

Alicia Keys personally invited Ralph Jarl to an upcoming concert date, according to TMZ.

An attorney for Yarl’s family, Lee Merritt, told the outlet that the singer asked Ralph to come to the show in Kansas and meet her at a concert scheduled for this July.

As previously reported, 84-year-old Andrew Lester shot and killed Ralph April 13 after the 16-year-old accidentally rang the wrong doorbell.

RELATED: UPDATE: Andrew Lester, 84, pleads not guilty to shooting of 16-year-old Ralph Yarl

Like Alicia, Roc Nation is said to have contacted Ralph and his family. They have reportedly offered to help with Ralph’s recovery in any way they can.

Meanwhile, Ralph’s family has set up a trust fund for him after donations came in, with the teen’s GoFundMe already topping a whopping $3.4 million.

16-year-old Ralph Yarl is now a multi-millionaire. The GoFundMe campaign uploaded for him has passed the $3 million mark thanks to you.❤️ pic.twitter.com/G7pKcrXq5Q

— Mike Sington (@MikeSington) April 19, 2023

Ralph’s mother receives tearful support from Ahmaud Arbery’s mother, accused of shooting

TMZ also reports that Ralph’s mom, Cleo, was tearfully supported by Wanda Cooper-Jones. Wanda is the mother of Ahmaud Arbery – a 25-year-old black man who was murdered in February 2020 during a racially motivated hate crime while jogging in Glynn County, Georgia.

Cooper-Jones reportedly told Cleo to lean on prayer at this point, telling her the victims, like her two sons, have the power. Lester has since been charged with assault after shooting the teenager twice. Lester pleaded not guilty on April 19.

Civil rights attorney Ben Crump further told TMZ that he doesn’t think the charges fit the crime. Officials charged Lester with first-degree assault and armed criminal activity.

KANSAS CITY, Missouri (AP) — The 84-year-old white man who shot and killed Ralph Yarl, a black teenager who went to the wrong house, is turning himself in to authorities. pic.twitter.com/Wy0PkGSiMm

— Philip Lewis (@Phil_Lewis_) April 18, 2023

Case resumes June 1, Lester remains on Bond

Zachary Thompson, a Clay County prosecutor, has since given KCTV 5 a statement on the case.

“From this point forward, the state will urge this case to move forward as expeditiously as permitted by law.” Although charges have been filed, this remains an active investigation. We continue to work with law enforcement to gather all available evidence in this case. If anyone in the community has information that would assist in this case, we encourage you to contact the Kansas City, Missouri Police Department or other law enforcement agency. As this is now an active and pending case, our office is severely limited as to the information we can publicly disclose. This is due to our desire to protect the legal integrity of the case and ensure justice is done for the victim and our community. Despite these limitations, we will be as transparent as the law allows and will endeavor to keep the public informed of all developments.”

The case will continue on June 1st. Lester will remain on bail. He is “barred from possession of a weapon or contact with Yarl,” reports KCUR 89.3 NPR.

First Republic Financial institution fails, taken over by JPMorgan

This illustrative photo shows a smartphone screen with the First Republic Bank logo and a screen with the JP Morgan Chase logo in the background in Washington, DC on May 1, 2023.

Olivier Douliery | AFP | Getty Images

taken over by regulators First Republic on Monday, leading to the third bankruptcy of a US bank since March after a last-ditch effort to persuade competing lenders to keep the struggling bank afloat failed.

JPMorgan Chase, already the largest US bank by several measures, emerged as the winner of the weekend auction for First Republic. She will receive all of the struggling bank’s deposits and a “substantial majority of the assets,” the New York-based bank said.

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The First Republic seizure led to the largest bank failure since the 2008 financial crisis when Washington Mutual collapsed. Back then, it was also JPMorgan that emerged with the assets of the failed banks.

Since the sudden collapse of Silicon Valley Bank in March, attention has focused on First Republic as the weakest link in the US banking system. Like SVB, which catered to the tech startup community, First Republic was also a type of specialty lender based in California. It focused on catering to wealthy coastal Americans, luring them with low mortgages to keep cash in the bank.

However, that model unraveled after the collapse of SVB, when First Republic’s customers withdrew more than $100 billion in deposits, the bank revealed in its April 24 earnings report. Institutions with high proportions of uninsured deposits, such as SVB and First Republic, found themselves vulnerable again as customers feared losing their savings in a bank run.

First Republic shares were down 97% by the close on Friday.

JPMorgan will receive about $92 billion in deposits as part of the deal, including the $30 billion it and other big banks invested in First Republic last month. The bank has loans worth $173 billion and securities worth $30 billion.

The Federal Deposit Insurance Corporation agreed to share losses on mortgage and commercial loans assumed by JPMorgan in the transaction and also provided it with a $50 billion line of credit.

JPMorgan said it would make a $10.6 billion payment to the FDIC.

Hit $13 billion

The weekend auction, which attracted bids from JPMorgan Chase and PNC as well as interest from other banks, was a “hard-fought bidding process,” according to the FDIC.

The transaction will cost the FDIC’s deposit insurance fund an estimated $13 billion, according to regulators. For comparison, the SVB process cost the fund around $20 billion.

California’s Department of Financial Protection and Innovation said Monday it took possession of First Republic and appointed the FDIC as receiver. The FDIC accepted JPMorgan’s bid for the bank’s assets.

“As part of the transaction, First Republic Bank’s 84 offices in eight states will reopen today during normal business hours as branches of JPMorgan Chase Bank, National Association,” the FDIC said in a statement. “All First Republic Bank depositors will become JPMorgan Chase Bank, National Association depositors and have full access to all of their deposits.”

JPMorgan CEO Jamie Dimon announced the acquisition in a statement early Monday morning.

“Our government invited us and others to get involved and we did,” he said. “This acquisition provides modest overall benefit to our business, adds value to shareholders, helps further advance our wealth strategy and complements our existing business.”

After Monday morning’s takeover, the Treasury Department tried to reassure Americans about the country’s financial system.

“The banking system remains sound and resilient, and Americans should be confident in the safety of their deposits and the ability of the banking system to perform its essential function of lending to businesses and families,” a Treasury Department spokesman said.

weak link

First Republic’s deposit outflow in the first quarter forced the company to borrow heavily from Federal Reserve facilities to keep operations running, putting pressure on the company’s margins as its funding costs are now much higher. According to Doug Peta, chief strategist at BCA Research, First Republic recently accounted for 72% of all credit from the Fed’s discount window.

On April 24, First Republic CEO Michael Roffler attempted to paint a picture of stability following the events of March. Deposit outflows have slowed in recent weeks, he said. But stocks plummeted after the company scrapped its earlier financial guidance and Roffler opted not to ask questions after an unusually short conference call.

The bank’s advisers had hoped to persuade the largest US banks to help First Republic again. A recently circulated version of the plan involved requiring banks to pay above-average interest on bonds on First Republic’s balance sheet, which would allow it to raise capital from other sources.

But ultimately, the banks, which joined forces in March to pump $30 billion in deposits into the First Republic, couldn’t agree on the bailout plan, and regulators stepped in, ending the bank’s 38-year run.

JPMorgan reveals details of deal with First Republic in investor presentation

Senate High Race, Manchin, Feinstein

Senator Joe Manchin, DW. Va., will hold a press briefing on energy permit reform on Tuesday, September 20, 2022 at the Capitol in Washington.

Bill Clark | CQ Roll Call, Inc. | Getty Images

Democrats increased their Senate majority in 2022. You’ll be lucky to keep those wins in 2024.

Republicans, who took over the House after November’s midterm elections, hope to repeat that success in the Senate next year. They have reason for hope: Democrats face a daunting 2024 Senate map that puts them on defense in 23 of the cycle’s 34 races, including several seats deemed ripe for GOP challenges.

In some of the most vulnerable contests, Democrats are trying to hold on to Senate seats in states that voted for former President Donald Trump over President Joe Biden in the 2020 presidential election.

The bleak outlook has some Senate Democrats considering retiring, even after the caucus expanded to a 51-49 majority after a better-than-expected midterm election performance.

Here are some of the top Senate races to watch:

West Virginia

Senator Joe Manchin may be one of the most conservative Democrats in the Senate, but his party affiliation still jeopardizes his reelection chances in deep-red West Virginia, which favored Trump by nearly 40 percentage points in 2020.

That may be why Manchin has still not announced whether he intends to run again — or why he refuses to even publicly admit to being a Democrat.

Manchin’s potential Republican challengers are not waiting for the incumbent to reveal his plans. Rep. Alex Mooney, whom Trump backed for his successful home race in 2022, has already received a $10 million pledge to support the conservative Club for Growth for his Senate primary.

Manchin’s campaign had $9.7 million in cash at the end of March, FEC filings showed.

But Manchin’s closest possible GOP rival may be West Virginia Gov. Jim Justice, reportedly the richest man in the state and one of his favorite contenders in the Senate race.

Election analysts from Sabato’s Crystal Ball gave West Virginia a “Leans R” rating in January, making it the most vulnerable Democratic Senate seat of the cycle.

Manchin, who won his Senate race in 2018 by around three percentage points, has recently put some distance between himself and his fellow Democrats. He even vowed to vote to repeal the Inflation Reduction Act, Biden’s signed spending bill that Manchin helped pass, and complained to Fox News that the government had broken its word.

Arizona

Democrats and Republicans alike are targeting the Arizona seat of Sen. Kyrsten Sinema, who left the Democratic Party to become independent in late 2022.

Sinema’s move, who continues to feud with Democrats, allows her to skip a potentially bloody Senate primary campaign and run directly in the general election.

But the move doesn’t guarantee her a path to victory in the state, which is seen as a blip and prime takeover opportunity. Sinema has yet to announce if she will stand for re-election in 2024.

Sinema, once seen as a progressive Democrat, has charted a dovish course in recent years. She has been criticized by some in her former party for voting against a minimum wage increase and opposing the filibuster change.

She now faces a potential challenge from her left in Democratic MP Ruben Gallego, who has reportedly outperformed Sinema in the fight for her job.

Republican Sheriff Mark Lamb also entered the race. He could run in a GOP primary against Kari Lake, the former television news anchor who lost to Democrat Katie Hobbs in Arizona’s 2022 gubernatorial race and is now considering a Senate bid.

If Sinema runs, the Arizona Senate race could turn into a three-way matchup. It is far from clear who would have an advantage in the swing state that Biden won by less than a percentage point over Trump in 2020.

While Sinema’s independent label might find favor in a state where registration competes with “Other” in the two major parties, polls show the senator remains unpopular.

Montana

Senator Jon Tester is one of three Democrats in the 2024 cycle to defend a seat in a state that voted for Trump in the last presidential election. The Republican ex-president won Montana 2020 by about 16 points.

The tester’s seat is viewed by Sabato’s crystal ball as a failure, though the Cook Political Report says the seat tilts in Democrat’s favor.

The Tester’s decision to run again is welcome news for Democrats, who would otherwise have lost the incumbent advantage in a solid red state.

But he could still face a formidable threat from his eventual Republican challenger. Former Home Secretary Ryan Zinke, MP Matt Rosendale and Governor Greg Gianforte have been eyed as possible candidates.

Ohio

Democratic Senator Sherrod Brown has been in office since 2007 and has already announced his plans for a fourth term.

But Ohio’s 2024 Senate race is currently viewed as a failure, as Republicans have made significant gains in the state in the last two election cycles.

Trump won Buckeye State by more than eight points in 2020, and GOP candidates he endorsed, including now Sen. JD Vance and Gov. Mike DeWine, won in the midterms.

Matt Dolan, a state senator and partner in the Cleveland Guardians baseball team who ran in the 2022 Republican Senate primary, is running for Brown’s seat in 2024. Bernie Moreno, another Republican contender for the Senate seat, drew a scrutiny when he proposed it Reparations for the descendants of Union Civil War soldiers “who died to save the lives of black men.”

Michigan

Democrats in 2024 will defend an open Senate seat in Michigan, a swing state that voted for Trump in 2016 and Biden in 2020.

Senator Debbie Stabenow’s surprise decision not to seek a fifth term wiped out the Democrats’ incumbent advantage over the seat, as there was no clear successor in line at the time.

Democrats made big gains in Michigan’s 2022 midterm election, seized control of the House and Senate and secured another term for Gov. Gretchen Whitmer.

Republicans Michael Hoover and Nikki Snyder have entered the race for Stabenow’s Senate seat so far.

On the Democrat side, Rep. Elissa Slotkin, who won an uphill battle for re-election in the House of Representatives at the midterms, is considered the top contender for the seat. Slotkin was endorsed in 2022 by former Rep. Liz Cheney, a Republican whose vocal Criticism of Trump after the Jan. 6 Capitol riots sparked a split with her party’s leadership and much of her base in the House of Representatives.

Sabato’s Crystal Ball and the Cook Political Report both say the Michigan Senate race is rather Democratic.

California

Unlike most other races on this list, the California race has no question that Democrats will hold on to the Senate seat, which is slated to open in 2024.

Democratic Senator Dianne Feinstein, who held the seat for three decades, announced at age 89 that she would retire at the end of her current term.

By then, several Democrats had already started campaigning for her job. The list of candidates declared so far includes MPs Adam Schiff, Katie Porter and Barbara Lee, with more potential candidates on the way.

Feinstein, the oldest member of the US Senate, took a month-long vacation this spring because of health problems. Concerns about Feinstein’s incapacity quickly became a point of contention among Democrats, with some openly calling for the senior senator’s immediate resignation and others defending her. Feinstein’s absence from the Senate Judiciary Committee has slowed Democrat efforts to advance Biden’s nominee for the judiciary.

Nevada

Trump narrowly lost Nevada to Biden in 2020, and his handpicked Republican nominee Adam Laxalt lost an even narrower race for Democratic Senator Catherine Cortez Masto’s seat in 2022.

Now the state’s other Democratic senator, Jacky Rosen, is seeking re-election in 2024. Their list of potential Republican challengers seems thin so far.

Laxalt’s name has surfaced as a potential candidate for Senate 2024, but the former Nevada attorney general pledged in April to help lead a super PAC and encourage Florida Gov. Ron DeSantis to run for president in 2024 .

Sufferers might wait years for brand new medication

Juanmonino | E+ | Getty Images

Seniors with early Alzheimer’s disease will face major hurdles to get treated even if promising new drugs roll out more broadly in the coming years, putting them at risk of developing more severe disease as they wait months or perhaps years for a diagnosis.

The U.S. health-care system is not currently prepared to meet the needs of an aging population in which a growing number of people will need to undergo evaluation for Alzheimer’s, according to neurologists, health policy experts and the companies developing the drugs.

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There are not enough dementia specialists or the needed testing capacity in the U.S. to diagnose everyone who may benefit from a new treatment like Eisai and Biogen‘s Leqembi. After patients are diagnosed, the capacity may not exist — at least initially — to provide the twice monthly intravenous infusions for everyone who is eligible.

Researchers estimate that the wait time from the initial evaluation to the confirmatory diagnostic tests to the infusions could range anywhere from a year and a half to four years or longer. Those months are critical for people with Alzheimer’s.

“The whole process from that time of the family physician conversation to the point of infusion, I worry how long it will take and the complexities of the patient navigating through all of that to successfully get to the end,” Anne White, president of neuroscience at Eli Lilly, which is developing its own Alzheimer’s treatment, told CNBC.

There are promising innovations in development, such as blood tests and injections that patients would take at home, which could make it significantly easier to get diagnosed and treated in the future.

White also said Lilly is confident that more doctors will get into the field and help to alleviate capacity issues, as awareness grows that medicines are entering the market to treat Alzheimer’s.

But time spent waiting robs early patients of their memory and ability to live independently. Alzheimer’s gets worse with time, and as patients deteriorate into more advanced stages of the disease, they no longer benefit from treatments like Leqembi that are designed to slow cognitive decline early.

More than 2,000 seniors transition from mild to moderate dementia from the disease a day, according to estimates from the Alzheimer’s Association. At that stage, they become ineligible for Leqembi.

The central challenge is that a large and rapidly growing group of people have early memory loss and other thinking problems known as mild cognitive impairment. This condition is often, though not always, a sign of early Alzheimer’s disease.

An estimated 13 million people in the U.S. had mild cognitive impairment last year, according to a study published in the Alzheimer’s and Dementia Journal. As the U.S. population ages, the number of people with this condition is expected to reach 21 million by 2060, the study projected.

The U.S. health-care system will deal with major logistical challenges in diagnosing the growing population of people with early Alzheimer’s — even before patients face potential issues with accessing treatment.

“There’s a very large population of undiagnosed cognitive impairments that need to be evaluated in order to determine if people are eligible for treatment,” said Jodi Liu, an expert on health policy at the Rand Corporation.

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Access to drugs like Leqembi is severely restricted because Medicare for now will only cover the $26,500-per-year treatment for people participating in clinical trials. Medicare has promised to provide broader coverage if Leqembi receives full approval from the Food and Drug Administration, which Eisai expects to happen in July.

Eisai has estimated that 100,000 people in the U.S. will be diagnosed and eligible for Leqembi by the third year of the treatment’s rollout. The sum is a fraction of the total population that could benefit.

Those patients could have other options if new treatments emerge from trials with positive marks.

Eli Lilly will publish clinical trial data on its antibody infusion donanemab in the second quarter of this year. If the data is positive, the company will ask the FDA to approve the drug.

Eisai’s U.S. CEO Ivan Cheung and Lilly’s White said during the companies’ respective earnings calls in February that they are focused on working with the U.S. health system to address the challenges of rolling out of Alzheimer’s treatments.

“The primary goal right now during this launch phase […] is really get the market ready in terms of the diagnostic pathway, the infusion capacity, the education on how to monitor for this therapy, get all the hospitals and clinics ready,” Cheung said.

Not enough specialists

Long lines are expected at the offices of geriatricians, neurologists and radiologists as millions of people with mild cognitive impairment undergo evaluation to diagnose whether they have Alzheimer’s disease.

Demand for geriatricians — doctors who are experts in diseases that affect the elderly — is expected to outstrip the number of specialists available in the field through at least 2035, according to projections from the federal Health Resources and Services Administration.

The American Academy of Neurology told Medicare in a February letter that increased demand for Alzheimer’s treatments will put substantial pressure on neurologists, who will need additional resources. The federal data predicts a substantial shortage of these specialists in rural areas through at least 2035.

“You just look at the neurologists, look at geriatricians — there are fewer and fewer geriatricians per person in the U.S.,” Rand’s Liu said. “It’s just a few number of specialists to do this kind of work.”

White said Lilly has heard stories of patients waiting six to 12 months to see a neurologist or other doctors who treat dementia due to current capacity issues.

The number of radiologists — who also play a role in diagnosing the disease — is expected to decline in the U.S. through 2035 even as demand increases, the data shows.

In a study published in 2017, Liu and other Rand researchers estimated an initial wait of 18 months for patients to get evaluated by a dementia specialist, tested to confirm a diagnosis, and then treated in the first year that an Alzheimer’s antibody treatment becomes available. The wait would decrease to 1.3 months by 2030 as the patient backlog is cleared, they estimated at the time.

But more recent research found that the wait would actually increase as demand created by an aging U.S. population outstrips the supply of specialists.

Patients seeking a first specialist visit could face an initial wait of 20 months, according to a study by researchers at the University of Southern California published in the journal Alzheimer’s and Dementia in 2021. The delay could increase to about four years as early as 2028 and grow longer through 2050, the study found.

The journal is published by the Alzheimer’s Association.

Both studies are based on assumptions made before Leqembi received expedited approval from the FDA in January. Actual wait times could differ from the studies’ projections.

PET scans cumbersome

Two types of tests can diagnosis Alzheimer’s disease: PET scans and spinal taps. PET scans are accurate and safe diagnostic tools, but they are also cumbersome and expensive, said Dr. David Russell, a neurologist.

Patients are injected with a tracer that makes brain abnormalities visible to the machine that does the imaging. Tracers have to be made for each patient and used on the same day.

“We don’t have the infrastructure to roll out PET scanning on a major scale,” said Russell, director of clinical research at the Institute for Neurodegenerative Disorders in New Haven, Connecticut. He is the principal investigator on the clinical trials of Leqembi and donanemab at the institute.

Medicare coverage of PET scans for Alzheimer’s patients is also limited right now. The insurance program for seniors will only cover one scan per lifetime, and only when the patient is participating in a clinical trail approved by the federal Centers for for Medicare and Medicaid Services.

“That’s concerning because people may actually test negative at one point but then obviously as they age, they may need to get tested again,” White said.

Early Alzheimer’s disease can also be diagnosed with a spinal tap, in which fluid around the spinal cord is extracted with a catheter and tested. While there’s plenty of capacity to do spinal taps, this option isn’t attractive to many patients due to unfounded fears that it’s painful and dangerous, Russell said.

Though “there’s a lot of resistance” to the procedure, it is well tolerated and safe, he noted.

Rural areas at a disadvantage

The lack of access to PET scans is even more of an issue for patients who live in rural areas.

There are an estimated 2,300 PET scan machines in the U.S., according to a 2021 study published in Alzheimer’s and Dementia. But the machines are often in bigger cities, which puts people in rural areas at a disadvantage.

“There are certainly areas that don’t have a PET scanner, rural areas, so people would need to travel to a health center that has a PET scanner,” Liu said.

In a large, sparsely populated rural state like New Mexico, many patients would have to drive three to five hours to get a PET scan in a city such as Albuquerque, said Dr. Gary Rosenberg, a neurologist and director of the New Mexico Alzheimer’s Disease Research Center.

“It’s not California or the East Coast where everything’s very compressed and people can travel and get to a center pretty easily and go through these kinds of treatments,” Rosenberg said.

The state has an estimated population of 43,000 people with dementia, and there are very few neurologists outside of the Albuquerque area, Rosenberg said. The New Mexico Alzheimer’s Disease Research Center in Albuquerque is one of only three such facilities funded by the federal National Institute of Aging in a vast region stretching west from Texas to Arizona.

To do a PET scan, a tracer has to be made for each patient off-site in Phoenix, flown on a private plane to Albuquerque and used within hours because the tracers have a short shelf life, according to Rosenberg. The whole process costs more than $12,000 per patient, he added.

“It’s logistically going to be very challenging,” Rosenberg said.

IV infusion capacity

After spending months or possibly years waiting to get diagnosed with early Alzheimer’s, patients would then be eligible for intravenous infusions of Leqembi. But the U.S. doesn’t currently have the capacity to give infusions twice monthly for everyone who likely has the disease, Russell said.

“Having an IV infusion every two weeks would sort of ration people to availability and that’s a problem,” Russell said.

The University of New Mexico Hospital is already maxed out with demand for infusion therapies for cancer, rheumatoid arthritis and autoimmune diseases, and could have a “problem” adding new capacity, said Rosenberg.

Intravenous infusions of monoclonal antibodies like Leqembi aren’t difficult to administer, Russell said.

The infrastructure to offer infusions should expand rapidly once industry sees there’s demand for treatments like Leqembi. But the process of building out capacity could still take a couple years, Russell said. He believes big players like CVS will provide infusions for Alzheimer’s disease on a major scale if they see there’s a large and stable market.

“In one sense, capitalism works, and if it looks like that’s going to be the future, I think infusion centers will explode onto the scene,” the neurologist said.

Eisai and Biogen hope to move early Alzheimer’s patients to a single monthly dose of Leqembi after they’ve completed their initial course of twice monthly infusions, which could help alleviate some of the capacity issues with infusions over time. They plan to ask the FDA to approve this plan in early 2024.

Eli Lilly’s Alzheimer’s candidate antibody treatment donanemab is a single monthly dose, potentially making the logistics of administration easier if the drug gets approved. Dr. Dan Skovronsky, Lilly’s chief medical officer, told analysts during the company’s first-quarter earnings call that he expects many patients will be able to stop taking donanemab at 12 months.

Blood tests could reduce wait times

Though the projected wait times to get diagnosed and treated are sobering, innovations on the horizon promise to significantly improve access to Alzheimer’s drugs over time.

Blood tests for Alzheimer’s are in development and some are already on the market. Primary-care doctors could administer the tests, which would ease the burden on patients, especially those in rural communities where the closest PET scan machine is hours away.

These tests detect proteins in the blood associated with Alzheimer’s. They promise to help diagnose the disease before people display cognitive symptoms, potentially giving patients the chance to get treated before they suffer irreparable brain damage, according to the National Institutes of Health.

At least three blood tests made by C2N Diagnostics, Quest Diagnostics and Qaunterix are currently on the market. But they are used to evaluate people who are already presenting symptoms and aren’t available on the mass scale needed for the expected increase in Alzheimer’s patients.

C2N’s PrecivityAD test costs $1,250 and is not covered by insurance — though the company has a financial assistance program. Quest Diagnostics’ AD-Detect test costs $650. Quest’s test is covered by some insurance plans but not Medicare at the moment. The company also has a financial assistance program. Quanterix wouldn’t disclose the price of its test, which insurance does not cover.

Right now, these are not stand-alone tests that can definitively diagnose Alzheimer’s. But the tests could help identify the patients who likely have the disease, which would narrow the population that needs further evaluation and reduce wait times for dementia specialists or confirmatory PET scans.

A study in the journal Alzheimer’s and Dementia estimated that a cognitive test combined with a blood test could slash wait times for dementia specialists from 50 months down to 12 months.

Eisai believes that inexpensive blood tests could completely replace PET scans and spinal taps by the fourth year of Leqembi’s rollout. The quicker diagnosis could increase the number of people eligible for treatment.

Rosenberg said widespread availability of blood tests will allow mobile clinics to go into rural communities and identify who has markers associated with Alzheimer’s. This would allow patients in remote towns avoid the hours-long drive to cities with PET scan machines, Rosenberg said.

“It’s a game changer,” the neurologist said.

Lilly is developing at least two blood tests. The company is already using one test in clinical trials and hopes to commercialize it sometime this year. It is developing a second test through a collaboration with Roche. White said it is reasonable to expect that in a few years blood tests could replace more burdensome PET scans.

Injections could make treatment easier

Biogen and Eisai are also developing an injectable form of Leqembi which patients could administer themselves with an autoinjector similar to insulin pens, saving the trip to a site that provides intravenous infusions. They plan to ask the FDA to approve these so-called subcutaneous injections in early 2024.

Eli Lilly is also conducting clinical trials on an antibody treatment called remternetug as a self-administered injection. But the promise of injections that can be administered at home could make companies reluctant to invest in building out intravenous infusion capacity, Russell said.

In the future, Alzheimer’s diagnosis and treatment could be folded into routine checkups with a family doctor, Russell said. When people turn 50 and head in to get a colonoscopy or a cholesterol check, the doctor could also run a blood test for Alzheimer’s.

If the test comes back positive, the doctor could then schedule patients for an MRI and get them started on an autoinjector treatment, Russell said.

“That’s going to be the way that we’re looking at it in the not too distant future,” he said.

Breaking down the Karl Lagerfeld theme of the 2023 Met Gala

Prepare to see so many double Cs on the first Monday in May.

The 2023 Met Gala is set to pay tribute to the late designer Karl Lagerfeld, with Vogue previously revealing that the theme of this year’s fundraiser is “Karl Lagerfeld: A Line of Beauty.” The exclusive event, which will take place on May 11 and will benefit the Metropolitan Museum of Art’s Costume Institute, is set to “honor” Chanel’s legendary creative director, who passed away in 2019 of complications from pancreatic cancer.

With Karl having helmed some of the world’s most iconic fashion houses (Chloé, Fendi, his own eponymous brand) during his 65 years in fashion, attendees will have plenty of inspiration as they put together their looks for the Met Gala. But what does the topic mean exactly? And what is the dress code for the affair?

Ahead of fashion’s Super Bowl, we’re breaking down everything you need to know about Karl Lagerfeld: A Line of Beauty: