Prepared to accommodate a higher level of inflation. Federal Reserve Chairman Jerome Powell announced last week that inflation rates will now be allowed to exceed its previously held…
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D.C. Sees Largest Gathering Since Pandemic Began
Thousands commemorate the 1963 March on Washington. Martin Luther King, Jr.’s historic “I Have A Dream” speech happened 57 years ago on the steps of the Lincoln Memorial.…
Read MorePresident’s Student Loan Relief Implemented by Education Secretary
Loan payments now deferred through the end of 2020. Department of Education Secretary Betsy DeVos has fully implemented the memorandum signed by President Trump earlier in August extending…
Read MoreAdministration to Purchase 150M Rapid COVID-19 Tests
The self-contained tests yield 15-minute results. Under a new agreement between President Trump’s Administration and Abbott Laboratories, the government will acquire almost all of the 15-minute COVID-19 tests…
Read MoreCDC Drops General Quarantine Recommendation for Travelers
Cautions that exposure may still transmit coronavirus. The Centers for Disease Control and Prevention recently updated travel guidelines by removing the suggestion that international and interstate travelers quarantine…
Read MoreEconomy Showing ‘Signs of Life,’ Fed Official Says
Still in a “tentative” stage, she added. Esther George, the President of the Kansas City Federal Reserve, said the economy is beginning to show “signs of life,” and…
Read MoreFDA Changes Course on Plasma Treatment
Chief acknowledges overstating treatment effect. The Food and Drug Administration announced that it had gone too far in promoting the treatment effects of convalescent plasma in fighting against…
Read MoreWork Permits Tougher for Asylum Seekers
New rule requires one year wait time. Under a new rule, it will now be more difficult for asylum-seeking migrants to obtain work permits in the U.S. The…
Read MoreSenator Bill Cassidy Tests Positive for COVID-19
Will remain in quarantine for two weeks. In a statement released last week Thursday, the office of Senator Bill Cassidy informed the public that Senator Cassidy had tested…
Read MoreHouse Passes USPS Legislation
Post Office voices concerns. In a rare weekend session of the House of Representatives, lawmakers passed a set of new laws targeted at assuring the U.S. Postal Service…
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