News Wrap: FDA panel backs Moderna booster for seniors

In our news wrap Wednesday, a FDA advisory panel recommended Moderna's booster shot for senior citizens and those with health issues or at-risk jobs. President Joe Biden urged more businesses to mandate COVID vaccines for employees. The U.S. Labor Department reports wholesale prices spiked 8.6% in September from a year earlier. Stocks rallied on Wall Street, with major indexes rising 1.5% or more.