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A man vapes in Gotham Vape in Queens, New York on Sept 17. Photo: Spencer Platt/Getty Images

Oregon's governor announced a temporary, 180-day ban on all flavored electronic cigarette products on Friday.

The big picture: At least 18 people across the U.S. have died from a lung injury associated with vaping in 15 states, as of Oct. 4. Two of those deaths were in Oregon. Gov. Kate Brown said Oregon is dedicated to developing legislation to ban flavored vaping products permanently — while the Trump administration says it is planning to take similar action at the federal level.

  • Oregon's ban does not specify a grace period for retailers like other states' bans have, and appears to be effective immediately.
  • Massachusetts currently holds the strictest temporary vaping ban of any state, outlawing all associated products.
  • A state appellate court blocked New York's ban on flavored e-cigarettes this week, after Vapor Technology Association sued state Gov. Andrew Cuomo and the New York State Department of Health.

The bottom line: Individual states are rushing to take action ahead of the FDA's proposed crackdown on flavored vaping products.

Go deeper: Trump administration plans ban of most flavored e-cigarettes

Go deeper

Fed chair says low interest rates aren't driving stock market prices

Jerome Powell. Photo: ANDREW CABALLERO-REYNOLDS / Getty Images

Federal Reserve chairman Jerome Powell told reporters on Wednesday that rock-bottom interest rates aren't playing a role in driving stock prices higher, while noting that vulnerabilities to the financial system are "moderate."

Why it matters: The statement comes amid unshakeable stock prices and a Reddit-fueled market frenzy — prompting widespread fears of a bubble and the role monetary policy has played in that.

2 hours ago - World

Biden freezes U.S. arms deals with Saudi Arabia and UAE

Trump struck several large arms deals with Mohammed bin Salman (L) and Saudi Arabia. Photo: Kevin Dietsch-Pool/Getty Images

The Biden administration has put on hold two big arms deals with Saudi Arabia and the United Arab Emirates which were approved in the final weeks of the Trump administration, a State Department official tells Axios.

Why it matters: The sales of F-35 jets and attack drones to the UAE and a large supply of munitions to Saudi Arabia will be paused pending a review. That signals a major policy shift from the Trump era, and may herald sharp tensions with both Gulf countries.

Dan Primack, author of Pro Rata
2 hours ago - Podcasts

Robert Downey Jr. launches VC funds to help save the planet

Robert Downey Jr. on Wednesday announced the launch of two venture capital funds focused on startups in the sustainability sector, the latest evolution of a project he launched two years ago called Footprint Coalition.

Between the lines: This is a bit of life imitating art, as Downey Jr. spent 11 films portraying a character who sought to save the planet (or, in some cases, the universe).