Supply chain and hiring challenges contribute to higher prices. A report released Thursday by the Department of Labor revealed that consumer prices increased 5 percent for the year…
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Job Openings at Record High
Hiring challenges are acute for several months. The Labor Department reported Tuesday that job openings rose to a new record high in April, along with the number of…
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Administration to Address Supply-Chain Issues
Action follows 100-day review of supply breakdown. President Biden’s administration will outline new measures soon to address widespread supply-chain issues, with a goal of bringing manufacturing back to…
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Vice President Travels to Central America
Discussions ranging from migration to labor and economic policy. On Monday, Vice President Harris arrived in Guatemala City to begin a two-day trip aimed at addressing some of…
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G7 Nations Agree to 15% Global Tax
Announcement was made by U.S. Treasury Secretary Yellen, a proponent of the tax. The Group of Seven (G7) nations have committed to moving toward a 15% global minimum…
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House Judiciary Committee Probes Spotify
“Discovery Mode” offered by music app for new artists under investigation. The House Judiciary Committee has written to the CEO of Spotify regarding the “promotional royalty rate” offered…
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Labor Department Releases Jobs Report
20,000 decrease in jobless claims from prior week. On Thursday, the Department of Labor released the most up-to-date information on the health of the jobs economy. For the…
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Slow Job Market Impacts Federal Prisons
Cooks and nurses pulled in to make up guard deficit. The Justice Department’s budget allotted for the hiring of 20,446 correctional officers by the end of 2020, but…
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President Focuses on Economy in Interview
Says his administration’s big spending comes at pivotal moment in history. President Biden gave the first published interview of his presidency to New York Times columnist David Brooks.…
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Endless Frontier Act Moves Forward in Senate
Bipartisan bill addresses technology issues with China. The Endless Frontier Act introduced by Senate Majority Leader Chuck Schumer of New York and Senator Todd Young of Indiana is…
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