symposium

Secretary of Health and Human Services Robert F. Kennedy Jr. listens as Administrator of the Centers for Medicare and Medicaid Services Mehmet Oz whispers to him behind President Donald Trump at an announcement on healthcare affordability on Monday. On Tuesday, Kennedy hosted a symposium on children’s screen time. Photo by Annabelle Gordon/UPI | License Photo

Sept. 1 (UPI) — The U.S. Department of Health and Human Services encouraged families to reduce screen time for their children during a symposium Tuesday in Washington, D.C.

The event, called the Live Real Life Symposium, was held at the Hubert H. Humphrey Building and brought together “leaders from technology, medicine, research, education, government, and advocacy groups to examine the harms of screen use in children and discuss actionable approaches to supporting healthier childhood development,” a press release from HHS said.

The symposium also introduced The Magic Tablet, a children’s book released by HHS meant to communicate the Live Real Life principles in a children’s book format.

“Our children get one childhood, and we cannot allow screens to replace the real-world experiences they need to grow and thrive,” HHS Secretary Robert F. Kennedy Jr. said in a statement. “Through the Office of the Surgeon General’s ‘Live Real Life initiative,’ we are giving families practical tools to put technology in its proper place and get children back to playing, exploring, connecting and experiencing the world around them.”

The event was meant to build on the Surgeon General’s Warning on the Harms of Screen Use issued earlier this year, which outlines how factors such as age, content, design, purpose and duration influence when screen engagement may be beneficial and when it’s harmful.

“The well-being of children is not just important today, but must be an ongoing priority for the public health communities,” said Dr. Stephanie Haridopolos, director of national health communications for the Office of the Surgeon General and principal deputy assistant secretary for health. “Technology has a place in our lives, but it should never come at the expense of our children’s health.

Aug. 28 (UPI) — Economists and financial markets will be watching closely on Friday when the Federal Reserve Chairman Kevin Warsh delivers a keynote address at the central bank’s annual symposium in Jackson Hole, Wyo.

Federal Reserve chairmen often use the speech to discuss monetary policy initiatives on a broad level, including offering insight into future interest rate plans. Since being appointed chairman in May, Warsh has been scant with details on future policy decisions and Friday’s address is expected to be more of the same.

The U.S. economy continues to face inflation pressures with inflation rates well above the Federal Reserve’s 2% annual target. Under Warsh, inflation markers have moved higher yet while the Federal Open Market Committee has maintained its benchmark interest rates at 3.5% to 3.75%.

Some members in the central bank are calling for another hike in interest rates, which would be a first since July 2023.

“If I had to guess, I would say that he’s going to give a very high-level, broad look at the work of the task forces and how he thinks the Fed should operate, as opposed to a nuts-and-bolts assessment of the economy and expectations for policy,” Luke Tilley, chief economist at M&T Bank and Wilmington Trust Investment Advisors, told CNBC.

Warsh has established five task forces that are reviewing how the Federal Reserve approaches its policy decisions, including its use of data, technology including artificial intelligence, and its balance sheet.

The Federal Open Market Committee did not meet in August. Its next meeting is on Sept. 15 and 16, during which it will decide whether to hold interest rates firm or make adjustments.

After Warsh’s address following last month’s FOMC meeting, yields for long-term bonds rose. This happens when bond traders are skeptical that the central bank will cool inflation.