Legislation would strengthen U.S. technology and research. A $250 billion tech bill to address supply chain and chip shortages, increase competition with foreign sources, and strengthen American research…
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DHS Adds 22 Fields of Study to Stem Training
Allows more nonimmigrants to study in U.S. The Department of Homeland Security announced last week that 22 new fields of study have been added to the STEM Optional…
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U.S./UK Release Joint Statement on Global Aluminum Excess
Both countries find Chinese overproduction the main issue. This past week, Secretary of Commerce Gina Raimondo, United States Trade Representative Katherine Tai, and United Kingdom Secretary of State…
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Secretary Yellen Gives Speech for MLK Day
Address racial wealth divide still present in America. Treasury Secretary Janet Yellen spoke on Martin Luther King, Jr. Day about how Dr. King’s vision has impacted America’s economy.…
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Inflation Reaches Historic Levels
Highest amount since 1982. The Labor Department released the Consumer Price Index (CPI) for December on Wednesday, reporting a 0.5% increase in pricing overall in the last month.…
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U.S. to Spend $10 Billion to Help Small Businesses
Some funding will target disadvantaged communities. The U.S. through the Treasury Department is planning to hand out $10 billion to help young companies gain access to capital in…
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Labor Department Reports Increase in Jobless Claims
Omicron variant makes only slight impact The Labor Department published its final job report for 2021 on Thursday. Adjusting the data for temporary holiday jobs, unemployment applications rose…
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Administration Announces Economic Grant Finalists
60 coalitions given $500,000 to prepare for final round. White House Senior Advisor Gene Sperling only expected 150 applicants for the Build Back Better grants for pandemic economic…
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Consumer Price Inflation Up by Nearly 7%
Most single-year inflation since 1982. On Friday, the Labor Department released updated numbers for the Consumer Price Index which monitors the prices of goods that the average person…
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Commerce Department Announces Microelectronics Advisory Committee
The committee will bring together industry experts to help form federal policy. On December 1, the Department of Commerce revealed that they were beginning the process of recruiting…
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