Labor Department reports the lowest level since 1969. The Department of Labor reported on Thursday that the number of new applications for unemployment benefits fell by 28,000 last…
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Business Coalition Opposes China Competitiveness Measure
Urges Congress to review the possibility that tariff evasion measures will increase tariffs overall. A coalition of business groups wrote a letter to Congress on Tuesday, urging them…
Read MorePresident Biden Says New World Order is Coming
The United States must take the lead, he states. President Biden met with a small group of business leaders from some of the largest American energy, food, and…
Read MoreDepartment of Commerce Meets with Uzbekistan
Deputy leaders discuss mutual economic goals. The Deputy Secretary of Commerce Don Graves spoke with Uzbekistan’s Deputy Prime Minister Sardor Umurzakov last week. They discussed Uzbekistan’s commercial relationship…
Read MoreRussian Invasion of Ukraine Impacts American Economy
White House adviser says the biggest concern is rising gas prices. Cecilia Rouse, the chair of the White House Council of Economic Advisers, stated that Russia’s invasion of…
Read MoreState of the Union Address 2022
Watch the live broadcast of the State of the Union Address to Congress by President Joe Biden. Watch the broadcast delivered from the U.S. Capitol Building Madam Speaker,…
Read MoreDepartment of Commerce Partners with Goldman Sachs
Program will provide export education for small businesses. Last week, the U.S. Department of Commerce announced a new partnership with Goldman Sachs called 10,000 Small Businesses. The goal…
Read MoreLabor Department Reports Even Higher Inflation Than Predicted
Prices rose by 1 percent in January alone. Data released on Tuesday by the Labor Department showed that, in January, prices rose 1 percent higher than they had…
Read MoreGrocery Prices Expected to Rise Again
President Biden is re-tooling his economic to-do list. The Bureau of Labor Statistics report indicates that prices across a range of goods and services rose 7 percent between…
Read MoreJobs Report Exceeds Expectations
Labor Department reports 467,000 added in January. The Bureau of Labor Statistics announced the addition of 467,000 jobs to the economy in January. The numbers far outpaced the…
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