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The British authorities said Merck’s molnupiravir was “safe and effective” in reducing the risk of hospitalization and death for those at increased risk of severe symptoms.

The Federal Reserve is expected to announce plans to slow its bond buying while leaving interest rates near zero. But the focus is on what comes next.

Many medical facilities in Colorado are at 90 percent capacity, with intensive care units overflowing. Most of the people needing admission are unvaccinated.

World leaders finished their speeches at the Glasgow conference on Tuesday. Attention now shifts to behind-the-scenes talks, and how to finance proposals to address climate change.

Republicans claimed Virginia’s governorship for the first time in more than a decade. The race between Gov. Philip D. Murphy and Jack Ciattarelli in New Jersey remains too close to call.

Hertz had said that it would convert more than 20 percent of its rental fleet to Tesla’s cars, a deal that helped propel Tesla’s stock value beyond $1 trillion for the first time.

Mr. Adams, the Democrat, is a heavy favorite to become mayor as the city fights its way back from the pandemic. Races for public advocate, City Council and district attorney are also on the ballot.

President Biden will unfurl a list of climate plans at the Glasgow conference, including regulations on methane, as global leaders wrap up two days of speeches.

A C.D.C. panel is expected to recommend shots for 5- to 11-year-olds. The Biden administration has enlisted 20,000 health workers and shipped 15 million doses ahead of the decision.

A multitude of races across the country offer crucial signals for the fate of President Biden’s agenda, none more than the increasingly tight Virginia governor’s race between Glenn Youngkin and Terry McAuliffe.