National average price per gallon exceeds $5. Treasury Secretary Janet Yellen said a federal gas tax holiday to ameliorate the burden of rising gas prices across the country…
Read MoreEconomy
Small Businesses Fall Behind in Hiring
Inflation is taking its toll. Data shows that companies with 50 workers or less have lost employees and face hiring difficulties over three of the past four months. Keeping…
Read More
Census Bureau Launches New Business Survey
Seeks to measure changing business conditions. The U.S. Census Bureau announced the launch last week of the Business Trends and Outlook Survey (BTOS). This new experimental survey replaces…
Read More
Secretary Granholm to Meet with Oil Executives
Seeking executive input for oil price solutions. In the letter President Biden wrote to oil executives on Wednesday, he stated that they should begin working with Energy Secretary…
Read More
President Calls on Oil Companies to Increase Gas Output
Sent a letter to CEOs with expectations. President Biden told the CEOs of the nation’s major oil companies in a letter that he is considering invoking emergency powers…
Read More
Federal Reserve Raises Key Rate 0.75 Percent
Short-term rate now 1.75%, could still increase. On Wednesday, the Federal Reserve announced that it will be addressing inflation by raising its interest rate from 1% to 1.75%.…
Read More
HUD Launches New Affordable Housing Program
Our Way Home initiative established across the country. Housing and Urban Development Secretary Marcia Fudge recently announced the establishment of the Our Way Home initiative. A part of…
Read More
Unemployment Claims Higher Than Estimated
Highest level since January. The Labor Department reported that unemployment claims for the week ending on June 4 reached 229,000, increasing by 27,000 from the last period. The number,…
Read More
Vice President Directs Investments to Curb Future Migration
Partners with large companies to plan for economic investment. The White House announced on Tuesday that Vice President Kamala Harris is bringing together large corporations to help address…
Read More
Congress Concerned by Current VA Home Loan Program
Veterans turning to other options besides VA mortgage program. A letter from members of Congress to Secretary Denis McDonough of the Department of Veterans Affairs was released on…
Read More