Executive board to assist in negotiations between freight rail carriers and unions. President Joe Biden issued an executive order appointing a Presidential Emergency Board (PEB) to aid in…
Read MoreEconomy
Inflation Hits 40-Year High
Fuel costs have contributed to the newest numbers. The economic report for June shows that prices were up broadly. Core prices, a measure that does not include food…
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Latest Jobs Numbers Point to Solid Growth
Numbers ease recession fears for now. U.S. employers added 372,000 jobs to the U.S. economy in June, extending a streak of strong labor market gains, yet the broader…
Read MoreDOE Reports Clean Energy Employment Increase
The sector increased by 4% versus 2.8% overall growth. On Tuesday, the Department of Energy (DOE) released the 2022 U.S. Energy and Employment Report (USEER). The report tracks…
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Veterans Utilize Instant Loan Approval
More than 41% of loans against life insurance have been processed through updated VA technology. The Department of Veterans Affairs implemented its Instant Loan Approval service as part…
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Insufficient Workers Hamper Infrastructure Industry
Funds get allocated but projects hard to get started. Contractors are reporting a lack of workers which is hindering the start of infrastructure projects even as funding for…
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Federal Reserve Committed to Bringing Down Inflation
Chairman Powell says they will “do whatever it takes.” Federal Reserve Chairman Jerome Powell said Wednesday that the U.S. central bank will “do whatever it takes” even if…
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FTC Proposes Anti-Scam Car Resale Rules
Could ban bait-and-switch advertising and junk fees. The Federal Trade Commission (FTC) has proposed rules to improve consumers’ used-car-buying experience. Though the FTC has been enforcing its current…
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FDA Prohibits Marketing of Juul Vaping Products
Both e-cigarette devices and pods are to be pulled from shelves. The Food and Drug Administration has ordered Juul to remove its vaping products from the market. The…
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Legislators Propose Review of Semiconductor Supply Chain
Chips are primarily produced in Taiwan. A bipartisan group of legislators in the House of Representatives led by Representative Mike Gallagher of Wisconsin is proposing a systematic review…
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