She does not believe that commercial real estate vacancies pose a risk to the nation’s financial system. U.S. Treasury Secretary Janet Yellen testified before the Senate Banking Committee…
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Legislation Introduced to Address Rent Price Fixing
Senator Wyden calls the software a “collusion… to charge above-market rent.” Senators Ron Wyden of Oregon, Amy Klobuchar of Minnesota, and Peter Welch of Vermont have introduced legislation…
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FTC Supports Amazon’s Withdrawal from iRobot Acquisition
Official says the proposed $1.4 billion merger had “potential competitive effects.“ The Federal Trade Commission (FTC) announced its support for Amazon withdrawing from the acquisition of iRobot. The…
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Acting Labor Secretary Responds to January Jobs Numbers
Bureau of Labor Statistics reports 353,000 added to the economy last month. U.S. Acting Secretary of Labor Julie Su responded to the January 2024 Employment Situation report, noting…
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FBI Director Says China Hacking a Threat to America
The U.S. has put “far too little” focus on hacking targets. On Wednesday, Federal Bureau of Investigation Director Christopher Wray told the House Select Committee on the Chinese…
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USDA Selects Students for 2024 Future Leaders Program
Graduate and undergraduate students receive career development opportunities. The U.S. Department of Agriculture (USDA) announced the 20 winners of their Future Leaders in Agriculture program, offering graduate and…
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Treasury Secretary Says Prices Are Not Coming Back Down
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…
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Transportation Department Approves Bonds for Western High-Speed Rail
$2.5 billion in funding has been made available for the connection between Las Vegas and Southern California. The Department of Transportation (DOT) announced that $2.5 billion in private…
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USDA Initiates Grading Pilot Program for Beef Producers
The program is intended to facilitate the use of USDA’s grading and certification by small, independent processors. Secretary of Agriculture Tom Vilsack announced a pilot program this month,…
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Commerce Secretary Announces 2024 Events for Exporters
The Commerce Department plans trade missions and national summits. Secretary of Commerce Gina Raimondo announced the 2024 calendar for exporter events, opening trade missions and small business summits…
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