The memorandum outlines a $225 million expansion for semiconductors. The Commerce Department signed a preliminary agreement with Bosch this month, finalizing a proposal to provide $225 million to…
Read MoreEmployment
FTC Warns of Increase in “Task Scams”
Reports of job fraud have quadrupled in 2024. The Federal Trade Commission (FTC) reported a rise in “task scams,” a type of online job fraud where victims are…
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Transportation Secretary Meets With Indiana Union Workers
He returns to his mayoral hometown to review local investments. Transportation Secretary Pete Buttigieg met with union workers and apprentices in South Bend, Indiana on Thursday, touching base…
Read MoreTransportation Projects Receive Funding for Domestic Materials
39 state transportation agencies awarded a collective $1.2 billion. The Department of Transportation (DOT) distributed $1.2 billion to state-level transportation agencies last month, allocating the funding for construction…
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NASA Jet Laboratory Lays Off 5 Percent of Staff
The National Aeronautics and Space Administration’s (NASA) Jet Propulsion Laboratory laid off 325 employees this month. The lab is managed by the California Institute of Technology and specializes…
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Federal Jury Awards $12 Million to Woman Fired for Refusing COVID Vaccine
Blue Cross Blue Shield denied her religious exemption claim. A federal jury awarded a Catholic woman $12 million this week who was fired from Blue Cross Blue Shield…
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Federal Reserve Cuts Interest Rates
It is the second consecutive rate cut since inflation has begun to flatten. The Federal Reserve met for its final meeting of 2024, opting to reduce banking interest…
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Transportation Department Funds 122 Railroad Improvement Projects
$2.4 billion in funding will reconstruct tracks, and improve bridges and intercity routes. The Department of Transportation (DOT) announced that $2.4 billion has been allocated to 122 rail…
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White House Announces $3 Billion for Port Infrastructure
President Biden discusses Inflation Reduction Act funding at Port of Baltimore. President Joe Biden announced a $3 billion investment into U.S. ports during a speech at the Port…
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DOJ Indicts Salesman for Transporting U.S. Mining Drills to Iran
The business circumvented licenses by claiming drills were meant for Iraq. A federal jury convicted a salesman based in the Middle East of conspiring to sell U.S. products…
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