He says the U.S. can address inflation from a “position of strength.” On Friday, President Biden praised the May jobs report as evidence of the economy’s underlying strength.…
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Russia-Ukraine War Reaches 100 Days
No path projected to end the conflict. As Russia’s invasion of Ukraine enters its 100th day with no clear end in sight, Ukrainians are more determined than ever…
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President Sets Out Plan to Fight Inflation
He will “build on historic recovery.” On Tuesday, President Biden laid out a three-part plan for combating high inflation. “We have a chance to build on a historic recovery…
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DHS Adds 35,000 More Summer Work Visas
Joint decision made by DHS and Labor Department. The Department of Homeland Security (DHS) and the Department of Labor recently published a statement announcing the expansion of the…
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Individual Income Taxes Surge
Will go higher as previous administration’s tax cuts expire. Americans are now paying the most in individual income taxes ever. According to a new budget analysis presented to…
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Department of Commerce Releases Sales Report
Market unstable, but balanced by consumer spending The Department of Commerce released its monthly sales report last week, showing that consumer spending was surprisingly strong in the midst…
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U.S. Envoy Kerry Urges Countries to Stick to Climate Plans
Says collaboration with private sector is critical. In preparation for the U.N. climate talks in November, U.S. Climate Envoy John Kerry has been meeting with international officials, encouraging…
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U.S. Proposes Sovereignty Protections from WHO
U.S. hopes to bring greater transparency and accountability to the World Health Organization. Later this month, the World Health Organization (WHO) will be reviewing recommendations from member nations…
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Social Security Checks Could See Big Increase
Experts say checks could jump 8.6 percent. Seniors and other people who rely on Social Security benefits could see their biggest cost-of-living adjustment since 1981 next year, with…
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Federal Reserve Chair Secures Second Term
Jerome Powell received bipartisan support. The Senate on Thursday voted 80-19 to give Federal Reserve Chairman Jerome Powell a second four-year term, keeping him as the head of…
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