The investment is intended to address mortgage inflation caused by the housing shortage. Secretary of the Treasury Janet Yellen announced that $100 million in financing is now available…
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First Presidential Debate Takes Place in Atlanta
President Biden and former President Trump will field questions Thursday night. President Joe Biden and former President Donald Trump are participating in the first presidential debate of this…
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Senate Health Committee Considers Subpoena Over Ozempic Drug Prices
Members will vote next week on a hearing requirement involving the drug’s manufacturer. The Senate Committee on Health, Education, Labor, and Pensions (HELP) announced that it will vote…
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Postmaster General Defends 10-Year Modernization Plan
He says rewriting the “broken business model” requires “uncomfortable” decisions. Postmaster General Louis DeJoy spoke at the National Postal Forum this week, where he defended the implementation of…
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Transportation Department Updates Federal Project Relocation Policies
Transportation secretary announces final rule under the Uniform Act. The Department of Transportation (DOT) published a final rule updating the Uniform Relocation Assistance and Real Property Acquisition Policies…
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Treasury Secretary Expects Rent Costs to Go Down This Year
She says she regrets saying inflation was “transitory.” Secretary of the Treasury Janet Yellen shared this week that she believes rent prices will go down overall for the…
Read MorePresidential Candidates Decided in Tuesday Primaries
President Biden and former President Trump set for electoral rematch. The primary elections held in Georgia, Mississippi, Hawaii, and Washington on Tuesday have provided sufficient delegates to make…
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Labor Department Reports Spike in Consumer and Housing Prices
Economists attribute increases to customary January surges. The Labor Department reported a spike in consumer prices in January, noting particular increases in food prices and rent prices. The…
Read MoreTreasury Secretary Says Prices Are Not Coming Back Down
She says that the economy continues to defy recession. During a speech in Boston in early January, Treasury Secretary Janet Yellen said inflation was cooling and that, in…
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Federal Reserve Expects to Cut Rates in New Year
Central bank officials kept the current rate steady in the final meeting of 2023. The Federal Reserve concluded its final quarterly meeting this month, holding interest rates steady…
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