$250 million being provided through low-interest loans. The Department of Energy has opened applications for the Energy Efficiency Revolving Loan Fund Capitalization Grant Program. Up to $250 million…
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FTC Announces Plans to Address Unfair Competition
Antitrust law could impact internet technology. On Thursday, the Federal Trade Commission announced a new policy that will prevent “unfair methods of competition.” According to Chair Lina Khan,…
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Justice Department Seizes $3.36 Billion in Cryptocurrency
Over 50,000 Bitcoin had been stolen from an illegal marketplace. The Department of Justice has announced its second-largest-ever seizure of cryptocurrency, $3.36 billion in Bitcoin. The cryptocurrency was…
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Low Mississippi River Water Levels Hamper Supply Chain
The lowest level in decades slows shipping lanes. Mayors of cities along the Mississippi River have requested federal assistance as the major conduit of freight has reached historically…
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U.S. Manufacturing at Lowest Level Since 2020
Companies prepare for potential lower demand. America’s manufacturing activity fell for the fourth month while prices paid to manufacturers also decreased to the lowest level in more than…
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Administration Expands Made In America Requirements
Federal procurements need to be 60 percent domestic. President Biden’s administration announced it will increase requirements for federally-procured goods to be sourced domestically, a step officials say will…
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House of Representatives Passes Antitrust Legislation
Bill gives more power to states in competition cases against technology companies. The House of Representatives voted to pass the Merger Filing Fee Modernization Act of 2022 this…
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Tentative Railroad Labor Deal Reached
President Biden calls it a “big win.” A handshake deal was reached on Thursday morning between unions and major railroads. President Biden’s administration had held negotiation discussions for…
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Journalism Act Being Drafted in Congress
Bipartisan congressional bill seeks to open journalistic negotiations with tech companies. U.S. federal legislators announced the Journalism Competition and Preservation Act this week, a bill drafted to allow…
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Commerce Secretary Commends the CHIPS and Science Act
She is encouraged by the renewed focus on domestic manufacturing After President Biden signed the CHIPS and Science Act of 2022 into law on Tuesday, Secretary of Commerce…
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