Report Shows 40% of Student Loan Borrowers Not Making Payments

Education Department states that 9 million federal student loan borrowers missed their October payment.  Federal student loan payments, that were suspended during the COVID-19 pandemic, resumed as of…

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New Company Merger Guidelines Released By DOJ and FTC

White House economist says antitrust guidance is important to ensure competition and lower consumer costs. The Department of Justice (DOJ) and the Federal Trade Commission (FTC) jointly released…

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Transportation Department Issues Loan for Louisiana Interstate Connector

Build America Bureau expedites new connector between LA1 and LA 415. The Department of Transportation issued a $88.3 million loan to the state of Louisiana this month, granting…

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Commerce Department Reports Outdoor Recreation Revenue

Record highs within the sector show a bounce-back after the COVID-19 pandemic. The outdoor recreation industry generated $1 trillion in gross domestic product (GDP) for America’s economy in…

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Labor Department Awards Funding to Ohio for Employment and Training

The disaster relief is to support communities impacted by opioid use, addiction, and overdose. The U.S. Department of Labor announced the third incremental award, of over $2.8 million,…

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White House Economic Advisor Says Sale of U.S. Steel Deserves Scrutiny

Bipartisan legislators voiced opposition and concerns over the sale to a Japanese company. Senators John Fetterman of Pennsylvania and J.D. Vance of Ohio called on the Committee on…

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Federal Reserve Expects to Cut Rates in New Year

Central bank officials kept the current rate steady in the final meeting of 2023. The Federal Reserve concluded its final quarterly meeting this month, holding interest rates steady…

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Pentagon Concerned Over Costs of Houthi Attacks

They compare a $2M missile with a $2,000 drone.  Over the past two months, U.S. Navy destroyers have shot down 38 drones and multiple missiles launched by Houthi…

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U.S. Security Official Meets with Argentinian Leaders

He discusses potential U.S. investment in the lithium-rich and inflation-ridden economy. Deputy National Security Advisor Mike Pyle of the National Security Council, met with Argentinian officials on Wednesday…

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House Committee Seeks Change in U.S.-China Trade 

They propose revoking China’s permanent normal trade status.  The House Select Committee on the Chinese Communist Party released a report that supports significant objectives in the U.S.-China trade…

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