The longshoremen’s union president credits President-elect Trump as “one of the best friends of working men and women in the United States.“ The International Longshoremen’s Union and the…
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Nippon Steel and U.S. Steel Sue Administration Over Blocked Acquisition
President Biden cited national security as his motivation. Nippon Steel and U.S. Steel have filed federal lawsuits challenging President Biden’s decision to block Nippon’s $15 billion acquisition of…
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President Biden Signs Social Security Fairness Act
The legislation improves benefits for public service retirees but raises concerns over Social Security’s solvency. President Biden signed the Social Security Fairness Act this past weekend. The legislation…
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President Biden Withdraws Ocean and Coastal Areas from Oil and Gas Leasing
His withdrawals “have no expiration date and prohibit all future oil and natural gas leasing in the areas withdrawn.” On Monday, President Joe Biden announced the removal of…
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Safeguarding Retirement
How much will I need to save in order to live comfortably once retired? Will there be enough savings if inflation continues to increase?
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HUD Reports Rise in Homelessness in 2024
The agency’s annual report showed over 770,000 experienced homelessness on a single night in January 2024. The Department of Housing and Urban Development recently issued its annual homelessness…
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VA Enters Into Development Partnership with Hoth Therapeutics
The biopharmaceutical company will research treatments for obesity and linked health conditions. The Department of Veterans Affairs (VA) recently finalized an agreement with biopharmaceutical company Hoth Therapeutics, which…
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Energy Department Announces Funding for Nuclear Fuel Recycling Research
Supports early-stage research into undeveloped technology The Department of Energy (DOE) announced $10 million in funding last week for early-stage research projects focused on nuclear fuel recycling solutions. …
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Medicare Cost for 64 Drugs Decreases
The savings under the Inflation Reduction Act are anticipated to benefit 853,000 enrollees. Starting January 1, 2025, Medicare enrollees will see reduced coinsurance rates for 64 drugs under…
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Congress Reauthorizes Economic Development Administration
Commerce secretary commends the reauthorization. Commerce Secretary Gina Raimondo celebrated Congress’s reauthorization of the Economic Development Administration (EDA) this month, a Commerce Department agency that has not been…
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