She says that the economy continues to defy recession. During a speech in Boston in early January, Treasury Secretary Janet Yellen said inflation was cooling and that, in…
Read MoreCost of Living
Census Reports on Population Shifts
75,000 have moved away from California. The U.S. Census Bureau has issued its latest population estimates. According to the bureau’s numbers, Florida gained more than 365,000 and Texas…
Read More
Social Security and SSI to Increase Only 3.2% Next Year
The cost of living increase significantly less than the previous fiscal year. Social Security will increase their Supplemental Security Income (SSI) benefits by 3.2 percent for the 2024…
Read More
Healthcare Workers Union Coalition Strike Begins
Union negotiators say compensation proposals do not reflect the cost of living. A strike of more than 75,000 healthcare workers with the Coalition of Kaiser Permanente Unions began…
Read More
Federal Reserve Governor Says Interest Rates Likely to Rise
The inflation rate has still not reached the 2 percent goal. Federal Reserve Governor Michelle Bowman recently said that additional interest hikes “will likely be needed” to further…
Read More
HUD Announces Tools to Address Junk Rental Fees
Several online housing search platforms make formal commitments to the department. President Joe Biden and Secretary of Housing and Urban Development (HUD) Marcia Fudge announced this month that…
Read More
House Considers Highest Defense Budget Ever
Funding proposed to strengthen America’s military and take care of service members. The House Armed Services Committee has sent to the floor for a vote the highest-ever Defense…
Read More
FTC Appeals Dismissal of Antitrust Case to 2nd Circuit
Maintains “pay-for-delay” practice by a pharmaceutical company violates antitrust law. The Federal Trade Commission (FTC) has appealed a federal district court’s dismissal of an antitrust case. The commission…
Read More
Veterans’ Cost-of-Living Increase Passes in the House
Bipartisan support given to legislation that guarantees annual cost-of-living increase. House legislators recently finalized plans to secure a cost-of-living increase in veterans’ benefits for the upcoming year, and…
Read More
DOE Finalizes Window Air Conditioner Efficiency Standards
The department continues to address backlog of energy efficiency updates. The Department of Energy (DOE) finalized new energy efficiency standards for window air conditioners on Thursday, continuing to…
Read More