Airlines have reportedly changed point systems in ways that make rewards more difficult to achieve. Senators Dick Durbin of Illinois and Roger Marshall of Kansas have requested the…
Read MoreEconomy
Federal Reserve Keeps Interest Rate Unchanged
They leave the door open for future rate hikes. The Federal Reserve determined to keep its benchmark interest rate at about 5.4 percent this past week, the highest…
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Supreme Court Dismisses Challenge to Steel Import Tariffs
2018 tariff imposed for national security and to boost domestic manufacturing. The Supreme Court dismissed a lawsuit that sought to invalidate a 25 percent tariff on certain steel…
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Advocacy Groups Urge DOJ to Rescind “Safe Harbor” Merger Policy
The policy offers protection from prosecution to companies that self-report misconduct. Attorney General Merrick Garland received a letter this week from 14 nonprofits and lobbying groups. They urge…
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Senator Sends Letter to Federal Reserve Chair
Requests the central bank move quicker in reducing assets. Senator Rick Scott of Florida wrote another letter to Federal Reserve Chair Jerome Powell on Wednesday, asking why their…
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Commerce Department Reports Boost in New Home Sales
Home builders work to fill the demand created by the housing shortage. The Commerce Department released its housing report last week, documenting heightened sales of newly built houses…
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Commerce Department Establishes 31 National Tech Hubs
Administration rolls out the first phase of the new technological development program. President Joe Biden and Secretary of Commerce Gina Raimondo announced the locations selected for the first…
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Treasury Secretary Speaks at Annual Freedman’s Bank Forum
Attendees seek solutions to eliminate discrimination in banking, housing, and lending. The Department of the Treasury hosted the 2023 Freedman’s Bank Forum last week. The gathering included state…
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USDA Launches Nutrition Hub
Pilot program intended to counter diet-related diseases. The U.S. Department of Agriculture (USDA) has launched a pilot nutrition hub, in collaboration with Southern University, to provide science-based nutrition…
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Is All-Out-Global Conflict At Hand?
Economic woes and political in-fighting complicate the U.S. response to international wars. PRAY FIRST for God to grant wisdom to America’s political and military leaders. The White House…
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