The central bank was motivated by the change in the employment rate, among other factors. The Federal Reserve cut interest rates by half a point on Wednesday, an…
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Administration Addresses Increasing De Minimus Shipments
Departments of Homeland Security and Commerce implement changes in tariff-exempt importing. The Departments of Homeland Security and Commerce announced that they will take action regarding “the exponential growth…
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Commerce Department Announces Preliminary Agreement with HP
$50 million in funding would expand an Oregon manufacturing facility. The Department of Commerce recently announced that it has reached a preliminary manufacturing expansion with HP Inc. The…
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Transportation Department Invests in Commercial Driver Training and Road Safety
FMCSA provides grants to 27 colleges and CDL programs. The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has announced nearly $3.5 million in grants to…
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Medicare Announces Maximum Drug Prices After Negotiations
HHS secretary states that the negotiations will save Americans $3.7 billion in the first year. Medicare announced its first finalized list of drug price maximums for 10 prescription…
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Energy Department Approves Natural Gas Exports from Mexican Facility
The administration resumed granting export permissions after a court blocked a pause on approvals. The Department of Energy announced the approval of shipments of liquefied natural gas (LNG)…
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National Security Official Visits Kyiv
He discusses plans to support Ukraine during the remainder of President Biden’s term. Principal Deputy National Security Advisor Jon Finer met with Ukrainian President Volodymyr Zelenskyy and other…
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Commerce Department Identifies Critical Sectors for Supply Chain Development
The department will develop action plans to maximize potential and mitigate disruptions The Department of Commerce announced that it has identified critical production sectors that can further develop…
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Commerce Department Prepares for September Supply Chain Summit
The department will launch Supply Chain Center to offer global supply chain expertise. The Department of Commerce announced that it will hold the Supply Chain Summit in Washington,…
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Stock Markets Correct After Global Plunge
U.S. employment and manufacturing numbers contributed to global market instability on Monday. The U.S. stock market experienced a sharp decline on Monday amid a global market selloff. The…
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