The pandemic payment and interest pause faces an August 31 deadline. The White House held a virtual meeting Thursday with student debt activists and advocacy groups, the latest…
Read MorePandemic Recovery
Commerce Secretary Commends the CHIPS and Science Act
She is encouraged by the renewed focus on domestic manufacturing After President Biden signed the CHIPS and Science Act of 2022 into law on Tuesday, Secretary of Commerce…
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U.S. Experiences Decline in Worker Productivity
The annual rate shows the largest drop on record. The Labor Department reported Tuesday that U.S. worker productivity fell sharply in the second quarter. On an annualized basis,…
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Unemployment Claims Increase as Layoffs Rise
The number has reached the highest since November of last year. On Thursday, the Labor Department released its weekly report on the job market. For the week ending…
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Education Department Underestimated Cost of Student Loan Program
The problem was reportedly due to flawed assumptions. A Government Accountability Office report shows the Department of Education underestimated the cost of the federal student loan program by…
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Education Department Awards Collegiate Relief Grants
The funding will help colleges continue to recover from the pandemic. On Wednesday, the Department of Education awarded the final $198 million to American colleges through the Higher…
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White House Will Resume Tours
Tour schedule is subject to change based on inclement weather or official use. Visitors to the White House will be welcomed again full-time beginning July 19, 2022. Limited…
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State Department Predicts Three-Year Food Price Crisis
They say the war in Ukraine is the problem. State Department Special Envoy for Global Food Security Cary Fowler said that food prices will remain elevated for years…
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President Responds to Strong Jobs Report for May
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.…
Read MorePresident 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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