She highlights the long-term goals of CHIPS and Science Act. Secretary of Commerce Gina Raimondo spoke at the Georgetown School of Foreign Service recently, addressing investors, faculty, and…
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Another January Inflation Marker Higher Than Expected
President says there is more work to do. The Federal Reserve’s preferred method of measuring inflation, the Personal Consumption Expenditures Price Index (PCE), rose to an annualized 5.4 percent…
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FTC and DOJ Host Asia-Pacific Economic Cooperation Workshop
Officials hold a roundtable discussion about competition policy and agency organization. The Federal Trade Commission (FTC) and the Department of Justice (DOJ) hosted a two-day workshop last week…
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Secretary Buttigieg Calls for Freight Rail Reforms
EPA orders Norfolk-Sothern to clean up toxic pollution. In the wake of the train derailment in East Palestine, Ohio, Transportation Secretary Pete Buttigieg has unveiled freight rail reforms. Freight…
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$660 Million in Funding Available for Port Development
Transportation Department publishes notice of funding opportunity for 2023 fiscal year. The Department of Transportation made $662 million available this week for the development of port infrastructure for…
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Nation’s Household Debt at $16.9 Trillion
Greatest increase in two decades hits record. A new report from the Federal Reserve reveals that U.S. household debt has risen to a record $16.9 trillion in the…
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Puerto Rican University Receives $3 Million Award
Deputy Secretary of Commerce makes the announcement regarding support for internet technology in San Juan. The Department of Commerce awarded Puerto Rico’s Universidad del Sagrado Corazón nearly $3…
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President Requests Budget Details from Speaker
He reaffirmed the U.S. commitment to avoiding debt default. President Joe Biden has called on House leadership to release a budget proposal for Americans to see for themselves.…
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President Appoints New Economic Adviser
Lael Brainard was vice chair of the Federal Reserve System. President Biden has named a replacement for Brian Deese as his primary economic advisor. He has appointed Lael Brainard…
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January Inflation Higher Than Expected
Labor Department reports inflation now at a 6.5 percent annual rate. The U.S. Department of Labor released its January consumer price index Tuesday which reflected a half percentage…
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