The trade agreement launches commercial partnership between countries’ private sectors. Secretary of Commerce Gina Raimondo signed a trade agreement with Angolan Commerce Minister Rui Miguêns de Oliveira this…
Read MoreEconomy
U.S. Fish and Wildlife Service Proposes Federal Protections for African Giraffes
The service said three subspecies belong on the endangered species list, despite giraffes only living in zoos in the U.S. U.S. Fish and Wildlife Service (FWS) has proposed…
Read MoreUSDA Implements Crop Storage Program After Natural Disasters
The department provided $2 billion to expand storage for specialty crop growers. U.S. Secretary of Agriculture Tom Vilsack recently announced the creation of two new crop storage programs,…
Read MoreTransportation Projects Receive Funding for Domestic Materials
39 state transportation agencies awarded a collective $1.2 billion. The Department of Transportation (DOT) distributed $1.2 billion to state-level transportation agencies last month, allocating the funding for construction…
Read MoreDOE Announces $2.2 Billion for Two Hydrogen Hubs
The funding will support the development of commercial-scale hydrogen energy facilities. The Department of Energy (DOE) awarded $2.2 billion in federal cost-sharing with two new hydrogen energy hubs.…
Read MoreNASA Jet Laboratory Lays Off 5 Percent of Staff
The National Aeronautics and Space Administration’s (NASA) Jet Propulsion Laboratory laid off 325 employees this month. The lab is managed by the California Institute of Technology and specializes…
Read MoreFederal Chief Economists Respond to Mortgage Rates Increasing
The housing market continues to experience challenges. The Federal Home Loan Mortgage Corporation (Freddie Mac) reported that the average rate for a 30-year-fixed-rate mortgage neared 7 percent this…
Read MoreTreasury Secretary Leads Financial Literacy and Education Meeting
She reviews the implementation required for the Treasury’s financial inclusion strategy. Secretary of the Treasury Janet Yellen spoke at a meeting of the Financial Literacy and Education Commission…
Read MoreThe Role of Taxes
Recent surveys indicate that about 60 percent of Americans believe the current tax system unfairly benefits the wealthy, while only 20 percent feel that tax hikes are necessary and properly distributed. This divide reflects the larger conversation about tax fairness and government accountability.
Read MoreFTC Issues Refunds to Consumers Misled by Credit Karma’s False “Pre-Approval” Claims
Refunds target misleading credit offers promising high odds of approval. The Federal Trade Commission (FTC) is distributing more than $2.5 million to nearly 51,000 consumers misled by Credit…
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