HUD Launches New Affordable Housing Program

Our Way Home initiative established across the country. Housing and Urban Development Secretary Marcia Fudge recently announced the establishment of the Our Way Home initiative. A part of…

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Unemployment Claims Higher Than Estimated

Highest level since January.  The Labor Department reported that unemployment claims for the week ending on June 4 reached 229,000, increasing by 27,000 from the last period. The number,…

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Vice President Directs Investments to Curb Future Migration

Partners with large companies to plan for economic investment. The White House announced on Tuesday that Vice President Kamala Harris is bringing together large corporations to help address…

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Congress Concerned by Current VA Home Loan Program

Veterans turning to other options besides VA mortgage program. A letter from members of Congress to Secretary Denis McDonough of the Department of Veterans Affairs was released on…

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President Responds to Strong Jobs Report for May

He says the U.S. can address inflation from a “position of strength.” On Friday, President Biden praised the May jobs report as evidence of the economy’s underlying strength.…

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Russia-Ukraine War Reaches 100 Days

No path projected to end the conflict.  As Russia’s invasion of Ukraine enters its 100th day with no clear end in sight, Ukrainians are more determined than ever…

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President Sets Out Plan to Fight Inflation

He will “build on historic recovery.”  On Tuesday, President Biden laid out a three-part plan for combating high inflation. “We have a chance to build on a historic recovery…

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DHS Adds 35,000 More Summer Work Visas

Joint decision made by DHS and Labor Department. The Department of Homeland Security (DHS) and the Department of Labor recently published a statement announcing the expansion of the…

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Individual Income Taxes Surge

Will go higher as previous administration’s tax cuts expire.  Americans are now paying the most in individual income taxes ever. According to a new budget analysis presented to…

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Department of Commerce Releases Sales Report

Market unstable, but balanced by consumer spending The Department of Commerce released its monthly sales report last week, showing that consumer spending was surprisingly strong in the midst…

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