More people are also quitting jobs. The Department of Labor released its report on the employment market in March. Job openings and the number of times workers have…
Read MoreEconomy
Fastest Rate Hikes in Decades Coming from Federal Reserve
Latest attempt to fight inflation. The Federal Reserve is poised this week to accelerate its most extreme steps in three decades to attack inflation by making it costlier…
Read More
New Rules Ban Incandescent Lightbulbs
Energy Secretary says the move puts money back in American pockets. The Department of Energy finalized two new rules that require manufacturers to phase out any lightbulbs that…
Read More
Commerce Secretary Announces Global CBPR Forum
Several nations collaborate to address global privacy. Secretary of Commerce Gina Raimondo announced last week the establishment of the Global Cross Border Privacy Rules (CBPR) Forum. Canada, Japan,…
Read More
Weekly Unemployment Claims Lowest in 52 Years
Continuing claims also decrease. According to the report from the Department of Labor on Thursday, fewer people are receiving unemployment benefits now than they have in over half…
Read More
Continuing Unemployment Claims Lowest Since 1970
Jobs are abundant as businesses experience a labor shortage. The Department of Labor reported that continuing claims for unemployment benefits fell 48,000 to 1,425,00 a week ago, the…
Read More
Inflation Rises to 8.5 Percent in March
Greatest increase in 41 years. The latest Consumer Price Index numbers show inflation is climbing even higher, making it more difficult for Americans to pay their bills and…
Read More
USDA Predicts Food Prices to Continue Rising
Increases are the highest in decades. A new report from the U.S. Department of Agriculture, known as its Food Prices Outlook for 2022, indicates that people will soon…
Read More
Labor Market Strengthened in March
Department of Labor reports unemployment approaching pre-pandemic levels. The Bureau of Labor Statistics reported that 431,000 jobs were added to the U.S. economy in March and unemployment fell…
Read More
White House Planning New Type of Income Tax
Unrealized gains of billionaires are the new tax target. President Biden announced a new taxation plan he says will raise an additional $1 trillion by fundamentally changing the…
Read More