Reviews foreign trade of goods and services through June 2022. The Department of the Treasury delivered its semiannual macroeconomic report to Congress last week. The report goes over…
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HHS Announces $4.5 Billion for Winter Heating Costs
The program helps subsidize heating for over 5 million households The Department of Health and Human Services has announced $4.5 billion to help low- to middle-income families pay…
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Social Security Payments to Increase by 8.7% in 2023
The additional amount averages $140 per month. The Social Security Administration announced that Social Security benefit payments will be increasing by 8.7 percent in 2023. This will raise…
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Treasury Requests Public Input on Climate Tax Policies
$270 billion is being dedicated to various climate tax incentives. The Treasury Department recently issued three requests for public input, asking for comments on how best to implement…
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Inflation Outpaces Wage Increases
Dallas federal reserve bank and labor data shows disparity. Purchasing power in the U.S. is experiencing further shrinkage despite higher wages. The Federal Reserve Bank of Dallas has…
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261,000 Jobs Added to U.S. Economy in October
Unemployment also rises from 3.5% to 3.7%. On Friday, the U.S. Labor Department reported that 261,000 jobs were added to the U.S. economy in October. At the same…
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AFL-CIO President Responds to Federal Interest Rate Increases
AFL-CIO President Shuler says domestic action overlooks international problems President of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) Liz Shuler issued a statement calling…
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Vice President Announces Heating Bill Assistance
Low Income Home Energy Assistance Program to help with costs this winter. On Wednesday while in Boston, Vice President Kamala Harris introduced an initiative by President Biden’s administration…
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U.S. Manufacturing at Lowest Level Since 2020
Companies prepare for potential lower demand. America’s manufacturing activity fell for the fourth month while prices paid to manufacturers also decreased to the lowest level in more than…
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President Calls for Oil Companies to Reinvest Profits
He urged Congress to raise their taxes if production is not increased. President Joe Biden has urged Congress to increase taxes on oil and gas companies’ profits if…
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