Congress Wants Economic U-Turn With China

It would be a bipartisan step away from Clinton-Bush years and more like policies under Trump.  Congress is making an attempt to direct the power of the federal…

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Labor Department Announces “Good Jobs” Initiative

Hopes to provide workers better understanding of their rights. Secretary of Labor Marty Walsh announced last week the “Good Jobs” initiative. The initiative will provide information to workers,…

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House Subcommittee Wants Meat Processors to Explain Price Hikes

Members considering federal investigation. Chairman of the House Subcommittee on Economic and Consumer Policy Representative Raja Krishnamoorthi of Illinois published a series of letters on Tuesday addressed to…

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High Tech Support Bill Introduced in House

Legislation would strengthen U.S. technology and research.  A $250 billion tech bill to address supply chain and chip shortages, increase competition with foreign sources, and strengthen American research…

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DHS Adds 22 Fields of Study to Stem Training

Allows more nonimmigrants to study in U.S. The Department of Homeland Security announced last week that 22 new fields of study have been added to the STEM Optional…

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U.S./UK Release Joint Statement on Global Aluminum Excess

Both countries find Chinese overproduction the main issue. This past week, Secretary of Commerce Gina Raimondo, United States Trade Representative Katherine Tai, and United Kingdom Secretary of State…

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Secretary Yellen Gives Speech for MLK Day

Address racial wealth divide still present in America. Treasury Secretary Janet Yellen spoke on Martin Luther King, Jr. Day about how Dr. King’s vision has impacted America’s economy.…

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Inflation Reaches Historic Levels

Highest amount since 1982. The Labor Department released the Consumer Price Index (CPI) for December on Wednesday, reporting a 0.5% increase in pricing overall in the last month.…

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U.S. to Spend $10 Billion to Help Small Businesses

Some funding will target disadvantaged communities.  The U.S. through the Treasury Department is planning to hand out $10 billion to help young companies gain access to capital in…

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Labor Department Reports Increase in Jobless Claims

Omicron variant makes only slight impact The Labor Department published its final job report for 2021 on Thursday. Adjusting the data for temporary holiday jobs, unemployment applications rose…

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