White House press secretary reports that inflation reached the lowest level in nearly four years. The Department of Labor’s Bureau of Labor Statistics reported that February’s core consumer…
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House Speaker Says IRA Repeal Is Between “Scalpel” and “Sledgehammer”
Total repeal is unlikely, but the majority is considering significant changes. Speaker of the House Mike Johnson said that his party will not revoke the entire Inflation Reduction…
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EPA Updates WaterSense Standards, DOE Reviews Appliance Regulations
Administration officials seek to prevent increases in costs and ensure products are reliable. Administrator Lee Zeldin announced that the Environmental Protection Agency is revising all WaterSense specifications established…
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Senators Introduce Bill to Cap Credit Card Interest
Senators Hawley and Sanders seek to limit credit card interest rates to 10 percent. Senators Josh Hawley of Missouri and Bernie Sanders of Vermont jointly introduced a bill…
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Federal Reserve Holds Interest Rates at 4.25 to 4.5 Percent Range
Chairman Powell holds steady as President Trump calls for steeper cuts. The Federal Reserve chose to hold banking interest rates steady at a range of 4.25 to 4.5…
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President Trump Addresses World Economic Forum
He spoke to attendees in Davos via live feed from the White House. President Donald Trump delivered remarks via live feed from the White House on Thursday to…
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CFPB Sues Capital One for Cheating Customers Out of $2 Billion in Interest
The bureau alleges the company published misleading communications about new savings accounts. The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against the bank Capital One for…
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President Trump Declares National Energy Emergency
He issues executive orders to expedite U.S. oil and gas drilling. President Donald Trump enacted dozens of executive orders on the first day of his second administration, one…
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President Trump Declares Inauguration as Start of America’s “Golden Age”
He highlights some goals of his incoming administration. President Donald Trump promised his administration would bring about a new “Golden Age” in America, laying out a wide variety…
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Labor Department Releases December Inflation Data
The rate of inflation rose 0.4 percent last month bringing 2024’s annual total to 2.9 percent. The U.S. Labor Department announced inflation numbers for the month of December…
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