Chair says that inflation and unemployment risk have risen, but more observation is needed. The Federal Reserve decided to keep interest rates at a range of 4.25 percent…
Read MoreEmployment
White House Releases HHS Budget Cutting Proposal
OMB asks Congress to cut funding for several CDC subagencies. The White House’s Office of Management and Budget (OMB) released its budget request last week, outlining its financial…
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April Employment Numbers Exceed Estimates
Nonfarm jobs were higher than expected even as the federal government downsized. The Bureau of Labor Statistics (BLS) reported an increase of 177,000 nonfarm jobs during April. This…
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D.C. Circuit Court Issues Stay on VOA Reinstatement
The panel ruled that the government is likely to succeed in the case. A panel of the District of Columbia U.S. Circuit Court of Appeals has stayed an…
Read MoreLabor Department Commits to Expanding AI Education and Workforce Training
Labor secretary announces deputy secretary as head of task force ordered by President Trump. Secretary of Labor Lori Chavez-DeRemer and Deputy Secretary Keith Sonderling expressed support for President…
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VA Secretary Seeks to Reduce Department Workforce
He said the department’s workforce is “larger than the active duty Army.” Secretary of Veterans Affairs (VA) Doug Collins has canceled close to 600 DEI-related contracts and placed…
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Judge Temporarily Blocks President’s Order Ending Collective Bargaining
Treasury Department also sues federal workers union to end collective bargaining for IRS employees. District Judge Paul Friedman temporarily blocked the implementation of President Donald Trump’s executive order…
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President Trump Signs “Common Sense” Education Reform Orders
School discipline, artificial intelligence technology, and workforce transition were addressed. President Donald Trump signed new executive orders this past week to reform the U.S. education system. One order…
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FTC Reports $470 Million Lost to Text Message Scams in 2024
Despite fewer reports, scam-related texts increased, with package, job, and bank fraud texts topping the list. The Federal Trade Commission (FTC) reported that consumers lost $470 million to…
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Treasury Secretary Responds to Economic Forecast Downgrade
He said the IMF is “failing to critique the countries that need it most.” Treasury Secretary Scott Bessent spoke to the Institute of International Finance this past week,…
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