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…
Read MoreEconomy
Energy Department Purchases Four Million Barrels for Petroleum Reserve
Energy secretary says the department is “maintaining the readiness of the world’s largest Strategic Petroleum Reserve.” The Department of Energy (DOE) announced that it purchased 4.65 million barrels…
Read More
Energy Department Awards Grants to Small Businesses for Energy Solutions
The funding is intended to support public transit chargers, biomass conversion methods for aviation fuel, and cyber threat detection technology. The Department of Energy announced the recipients of…
Read More
Transportation Department Awards $8.75 Million to 15 Small Shipyards
The grants will expand facilities, increase modernization, and expand local hiring. The Department of Transportation (DOT) released $8.75 million to 15 small shipyards this month, under the Maritime…
Read More
TSA Sets New Record for Passenger Screening
At 3 million passengers in one day, summer travel has been increasing by 5% compared to last year The Transportation Security Administration (TSA) screened 3.01 million airline passengers…
Read More
Department of Energy Seeks to Ease Gas Prices
The Department of Energy awarded oil sales contracts ahead of the summer and distributes 42 million gallons of gasoline to keep prices from surging. Recently, the Department of…
Read More
Commerce Department Adds Six Companies to Restricted Trading List
The agency determines the companies cannot be trusted to safeguard U.S. technologies. The U.S. Department of Commerce recently added six companies to the U.S. trade restriction list, four of…
Read More
USDA Updates Reporting Method for Meatpacking Antitrust Complaints
This is the fourth rule introduced this year to reduce meatpacking consolidation. The U.S. Department of Agriculture (USDA) has proposed a new rule clarifying how to file complaints…
Read More
Commerce Secretary Speaks at Inaugural Childcare Summit
Attendees from over 40 states explore solutions through panels and exhibitions. The Department of Commerce hosted the first-ever National Childcare Innovation Summit last week, bringing together hundreds of…
Read More
Treasury Department Allocates $100 Million to Affordable Housing
The investment is intended to address mortgage inflation caused by the housing shortage. Secretary of the Treasury Janet Yellen announced that $100 million in financing is now available…
Read More