Economy is in crisis, she says. Heather Bousley, a member of the White House Council of Economic Advisers said the U.S. economy needs more aid to ensure a…
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Census Bureau and HUD Show Increase in Home Sales
January 2021 residential sales higher than estimated. This past week, the Department of Housing and Urban Development and the U.S. Census Bureau released a joint report with statistics…
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Jobless Claims at Lowest Point in Three Months
California and Ohio see largest drops in unemployment claims. Last week, the number of Americans seeking new unemployment benefits dropped to the lowest point it has been in…
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House Plans Vote on COVID Bill Friday
$1.9 trillion legislation intended to stimulate the economy. The House Rules Committee published the new coronavirus relief bill text on Wednesday. It includes three new categories of spending…
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Another Stimulus Package to Follow $1.9T
“Need to go further,” says Senator Schumer. The $1.9 trillion American Rescue Plan package is expected to pass the House of Representatives this week. The Senate will vote…
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House Panel Releases COVID-19 Stimulus Package
$1.9 billion bill seeks to curb economic fallout. The House Budget Committee has released its $1.9 trillion economic stimulus bill. The bill is the culmination of bipartisan talks,…
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President to Meet With Canada’s Prime Minister
They will focus primarily on the shared goal of ending the COVID-19 pandemic White House Press Secretary Jen Psaki announced on Saturday that President Joe Biden will be…
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Treasury Secretary Virtually Attends G7 Finance Meeting
Provides assurance of U.S. commitment to international support for allies. On Friday, Treasury Secretary Janet Yellen virtually attended the G7 finance meeting with international finance ministers and central…
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Commerce Department Reports Trade Deficit
Reaches a twelve year high due to pandemic. The Commerce Department released its report on the status of the U.S. trade this past Friday. The gap between U.S.…
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Vice President Breaks Senate Tie on Budget Vote
Bill sets a “blueprint” for COVID relief package. After a 15-hour “vote-a-thon” as members of the Senate considered multiple amendments to the budget bill, the final Senate vote…
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