She stated that today’s strong recovery lays the foundation for the future. National Economic Council Director Lael Brainard spoke at the 40th Annual National Association for Business Economics…
Read MoreEconomy
Labor Department Reports Spike in Consumer and Housing Prices
Economists attribute increases to customary January surges. The Labor Department reported a spike in consumer prices in January, noting particular increases in food prices and rent prices. The…
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Secretary Vilsack Responds to 2024 Farm Income Forecast
Decreasing global demand makes domestic support more crucial. Secretary of Agriculture Tom Vilsack responded to the 2024 Farm Sector Income Forecast, a predictive dataset aggregated by the U.S.…
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Treasury Proposes System to Address Money Laundering in Real Estate
The department would track and flag suspicious home purchases. The U.S. Treasury Department proposed a new system that real estate agents can use to flag suspicious real estate…
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District Court Halts Approval of Dicamba-Based Weedkillers
EPA trying to address crop changes and backstock of now unusable chemical. District Court Judge David Bury vacated the Environmental Protection Agency’s (EPA) previous decision to approve dicamba-based…
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Treasury Secretary Testifies Before Senate Banking Committee
She does not believe that commercial real estate vacancies pose a risk to the nation’s financial system. U.S. Treasury Secretary Janet Yellen testified before the Senate Banking Committee…
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Legislation Introduced to Address Rent Price Fixing
Senator Wyden calls the software a “collusion… to charge above-market rent.” Senators Ron Wyden of Oregon, Amy Klobuchar of Minnesota, and Peter Welch of Vermont have introduced legislation…
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FTC Supports Amazon’s Withdrawal from iRobot Acquisition
Official says the proposed $1.4 billion merger had “potential competitive effects.“ The Federal Trade Commission (FTC) announced its support for Amazon withdrawing from the acquisition of iRobot. The…
Read MoreActing Labor Secretary Responds to January Jobs Numbers
Bureau of Labor Statistics reports 353,000 added to the economy last month. U.S. Acting Secretary of Labor Julie Su responded to the January 2024 Employment Situation report, noting…
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FBI Director Says China Hacking a Threat to America
The U.S. has put “far too little” focus on hacking targets. On Wednesday, Federal Bureau of Investigation Director Christopher Wray told the House Select Committee on the Chinese…
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