LOS ANGELES--(BUSINESS WIRE)--Jun 17, 2026--
TIME has named Zacky Muñoz to its inaugural TIME Visionaries list, recognizing leaders driving meaningful impact in the lives of children across education, health and wellness, technology, economic opportunity, and more.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260617576687/en/
Explore the full 2026 TIME Visionaries list: here.
Muñoz experienced a life-threatening anaphylactic reaction at school at age 6 when sesame seeds appeared on what was supposed to be an allergy-safe meal. He transformed that experience into a mission to improve safety and preparedness for children and families nationwide.
Now 14, Muñoz has championed multiple California legislative initiatives focused on food allergy safety, emergency preparedness, and access to lifesaving medication. His efforts have contributed to landmark policy changes, including the Zacky Bill and the Muñoz SAFE Act, while helping advance efforts to modernize access to epinephrine and improve school preparedness.
"I only thought big, powerful people could make laws," Muñoz told TIME. "The idea that an everyday kid like me could make a law? I was instantly hooked."
Since beginning his advocacy journey, Muñoz has testified before policymakers and federal officials, educated communities nationwide, and founded The Zacky Project, a nonprofit focused on health safety, advocacy education, and youth leadership. Reflecting his vision, Muñoz's organization, The Zacky Project, provides tools and resources designed to help families, students, and advocates create meaningful change.
"What started as one question, 'How can we make life safer?' became a mission to help protect children and empower families to create change in their own communities," said Muñoz. "This recognition is an incredible honor, but what excites me most is the opportunity to bring greater awareness to food allergies and anaphylaxis and help more young people realize that their voices matter and can make a difference."
As TIME launches its inaugural Visionaries list, Muñoz's recognition highlights the growing influence of youth-led advocacy and the power of lived experience to drive lasting systems change.
About The Zacky Project
The Zacky Project is a nonprofit organization dedicated to improving health safety and empowering advocates through education, awareness, policy engagement, leadership and collaboration. Founded by youth advocate Zacky Muñoz, the organization works to advance solutions that improve the lives of children and families affected by allergic diseases while inspiring the next generation of changemakers.
Zacky Muñoz Named to TIME's Inaugural Visionaries List, 2026
NEW YORK (AP) — U.S. stocks slumped Wednesday on speculation the Federal Reserve may hike interest rates this year to keep a lid on inflation. Higher rates can tap the brakes on accelerating prices at cash registers, but they also slow the economy and hurt prices for investments.
The S&P 500 dropped 1.2% and erased an earlier, modest gain after the Fed released projections showing that nine of 18 policymakers foresee at least one increase to its main interest rate this year. The Dow Jones Industrial Average went from a gain of 280 points in the morning to a drop of 507 points, or 1%, while the Nasdaq composite sank 1.3%.
One important policymaker at the Fed did not give a forecast for where the federal funds rate may end 2026: Chairman Kevin Warsh. In his first press conference as head of the U.S. central bank, Warsh said he’s also considering a revamp of how the Fed communicates with financial markets and U.S. households and businesses.
One of his first moves was to end the inclusion of hints in Fed statements about where interest rates may be heading in the future, something called “forward guidance.”
Warsh said he wants Wall Street to react to incoming reports about inflation, the job market and other economic data based on how they should affect prices for stocks, bonds and other investments rather than how traders expect the Federal Reserve to react to them.
As part of that, Warsh said the Fed could make changes to its usual release of projections every three months showing where Fed officials foresee interest rates, the economy and inflation heading.
For now, Wall Street reacted uneasily to Fed officials’ latest set of projections, though Warsh cautioned he “didn’t hear tons of conviction” behind them. Stocks zigzagged up and down several times following the release. The Fed also announced its decision to keep the federal funds rate steady at this meeting, as it has all year so far.
In the bond market, Treasury yields climbed. The yield on the 10-year Treasury, which influences rates for mortgages and other loans going to U.S. households and businesses, rose to 4.49% from 4.43% late Tuesday. The two-year Treasury yield, which more closely tracks expectations for Fed action, jumped to 4.21% from 4.05%.
Traders upped their bets for at least one increase to the federal funds rate this year and now see an 84% probability of it, up from 59.5% a day earlier, according to data from CME Group.
High yields in bond markets worldwide caused by worries about inflation have already been threatening to slow economies and undercut prices for all kinds of investments.
In the stock market, SpaceX erased an early gain and fell 4.9% for its first loss since its ballyhooed debut on the U.S. stock market last week.
Drops of 3.8% for Microsoft, 3.5% for Amazon and 1.3% for Nvidia were three of the heaviest weights on the S&P 500.
They helped overshadow a jump of 14.8% for La-Z-Boy, which reported stronger profit and revenue for the latest quarter than analysts expected. It benefited from revenue made at newly opened stores, though Chief Financial Officer Taylor Luebke said the company continues to have “a measured view” of the broad sales environment.
All told, the S&P 500 fell 91.25 points to 7,420.10. The Dow Jones Industrial Average dropped 507.12 to 51,492.55, and the Nasdaq composite sank 354.69 to 26,021.66.
A report released Wednesday said retailers across the country saw their revenue grow at a faster pace in May than economists expected, offering hope that solid spending by consumers can support the economy. But high inflation has also made U.S. shoppers feel more discouraged about their finances.
Oil prices were steadier Wednesday following slides earlier in the week on optimism about the tentative U.S.-Iran deal to get the global flow of oil going again. Iran is set to take steps to reopen the Strait of Hormuz once the deal is signed, which would allow oil tankers to deliver crude from the Persian Gulf again and hopefully take pressure off inflation.
The price for a barrel of Brent crude oil rose 0.7% to $79.55. It’s still above its roughly $70 price from before the war, but it’s well below its $100-plus price from a few weeks ago.
In stock markets abroad, indexes were mixed across Europe and Asia.
South Korea’s Kospi jumped 1.6%, and Hong Kong’s Hang Seng fell 0.7% for two of the world’s bigger moves.
AP Business Writers Chan Ho-him, Matt Ott and Elaine Kurtenbach contributed to this report.
Federal Reserve Chair Kevin Warsh's press conference appears on a screen on the floor of the New York Stock Exchange, Wednesday, June 17, 2026. (AP Photo/Richard Drew)
Federal Reserve Chair Kevin Warsh's press conference appears on screens on the floor of the New York Stock Exchange, Wednesday, June 17, 2026. (AP Photo/Richard Drew)
Specialist Michael Pistillo, left, and trader Sean Spain work on the floor of the New York Stock Exchange, Tuesday, June 16, 2026. (AP Photo/Richard Drew)
Options trader Joseph D'Arrigo works on the floor of the New York Stock Exchange, Tuesday, June 16, 2026. (AP Photo/Richard Drew)
Employees of a securities company celebrate as Japan's benchmark Nikkei 225 topped 70,000 for the first time during trading hours in Tokyo Tuesday, June 16, 2026. A sign, left, reads " Congratulations. Nikkei index reached 70,000 yen." (Shinji Kouchi/Kyodo News via AP)
Employees of a securities company celebrate as Japan's benchmark Nikkei 225 topped 70,000 for the first time during trading hours in Tokyo Tuesday, June 16, 2026. A sign, left, reads "Congratulations. Nikkei index reached 70,000 yen." (Shinji Kouchi/Kyodo News via AP)
An electronic board, left, shows Nikkei index at a securities company in Tokyo Tuesday, June 16, 2026. (Shinji Kouchi/Kyodo News via AP)
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, June 17, 2026. (AP Photo/Ahn Young-joon)
A currency trader stretches near a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, June 17, 2026. (AP Photo/Ahn Young-joon)
