Over 30,000 more jobs than estimated were added to the economy and unemployment dropped .1 percent. The Labor Department’s Bureau of Labor Statistics released employment numbers for June…
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President and Federal Reserve Chair Discuss Interest Rates and Economy
President Trump advocated for the central bank to reduce interest rates now that inflation has stopped. President Donald Trump and Federal Reserve Chair Jerome Powell met in person…
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President Signs Executive Order to Lower Prescription Drug Pricing
He said the U.S. will “no longer tolerate profiteering and price gouging from big pharma.” President Donald Trump signed an Executive Order on Monday to lower prescription drug…
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Federal Reserve Leaves Interest Rates Unchanged
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…
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Consumer Prices Decreased in February
White House press secretary reports that inflation reached the lowest level in nearly four years. The Department of Labor’s Bureau of Labor Statistics reported that February’s core consumer…
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House Speaker Says IRA Repeal Is Between “Scalpel” and “Sledgehammer”
Total repeal is unlikely, but the majority is considering significant changes. Speaker of the House Mike Johnson said that his party will not revoke the entire Inflation Reduction…
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EPA Updates WaterSense Standards, DOE Reviews Appliance Regulations
Administration officials seek to prevent increases in costs and ensure products are reliable. Administrator Lee Zeldin announced that the Environmental Protection Agency is revising all WaterSense specifications established…
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Senators Introduce Bill to Cap Credit Card Interest
Senators Hawley and Sanders seek to limit credit card interest rates to 10 percent. Senators Josh Hawley of Missouri and Bernie Sanders of Vermont jointly introduced a bill…
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Federal Reserve Holds Interest Rates at 4.25 to 4.5 Percent Range
Chairman Powell holds steady as President Trump calls for steeper cuts. The Federal Reserve chose to hold banking interest rates steady at a range of 4.25 to 4.5…
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President Trump Addresses World Economic Forum
He spoke to attendees in Davos via live feed from the White House. President Donald Trump delivered remarks via live feed from the White House on Thursday to…
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