Drop was more than expected. The number of Americans filing new claims for unemployment benefits fell below 1 million last week for the second time since the COVID-19…
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Federal Reserve Announces Policy Changes
Prepared to accommodate a higher level of inflation. Federal Reserve Chairman Jerome Powell announced last week that inflation rates will now be allowed to exceed its previously held…
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Economy Showing ‘Signs of Life,’ Fed Official Says
Still in a “tentative” stage, she added. Esther George, the President of the Kansas City Federal Reserve, said the economy is beginning to show “signs of life,” and…
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Small Business Relief Being Considered by White House
An executive order would circumvent Congress. The White House is considering executive action to help small businesses by extending an expired loan relief program or providing other financial…
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U.S. Partners with Norway for Energy Knowledge Sharing
Joint effort will have nations working together for offshore resource extraction. President Trump’s administration announced this week that the Department of the Interior had formalized a partnership with…
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U.S. and China Trade Talks Postponed
They had plans to review progress of Phase I deal. According to Chinese officials, senior American and Chinese negotiators will soon discuss progress on the first phase trade…
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HUD to Halt Evictions and Foreclosures
Nearly 8.1 million people have FHA loans. The Department of Housing and Urban Development will halt evictions and foreclosures for owners with FHA loans through the end of…
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PRAYER ALERT – President Trump Speaks of Powerful Enemies
“This may be the last time you see me for a while,” he said. President Trump toured a Whirlpool Corp. washing machine factory in Clyde, Ohio, on Thursday.…
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President Signs Hire American Executive Order
He wants to ensure that Americans have a fair chance at employment. President Trump met with tech workers on Monday before signing an executive order to prioritize hiring…
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China Buys Record Amount of Corn from U.S.
Trade agreement is working even as tensions rise. The U.S. Department of Agriculture reported that China recorded the single biggest-ever purchase of U.S. corn, extending its large imports…
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