Government reports a quarter million jobs were added to the economy last month. The government reported Friday that the U.S. economy added 263,000 payrolls in September. At the…
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OPEC+ is Reducing Oil Production
U.S. gas prices are expected to go up. OPEC+ announced plans to cut output of 2 million barrels per day beginning in November. The coalition, which includes OPEC,…
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Job Openings Decreased in August
Federal Reserve’s actions to slow the economy begin taking hold. The Bureau of Labor Statistics reported that job openings in August decreased to 10.1 million, down from 11.239…
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August Inflation Higher Than Expected
Food prices rising faster than other items. The Bureau of Economic Analysis released data on inflation for August which showed the personal consumption expenditure (PCE), excluding food and…
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House Bill Would Redirect IRS Funds to Border Patrol
Bill’s sponsor says failure to secure the border is a disaster. Representative Claudia Tenney of New York introduced legislation Wednesday that would redirect funds intended for the Internal…
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President Urges Gas Stations to Lower Prices
He asks the same of cell phone services and banks. On Monday, President Joe Biden urged companies running gas stations, banks, and cell phone services to lower costs…
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Bank CEOs Questioned in House Hearing
Endorsed Federal Reserve hikes to counter inflation The House of Representatives Financial Services Committee questioned bank CEOs last week, inquiring on a variety of topics. The hearing primarily…
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House Committee Advances Social Security Benefits Bill
The bill would increase benefits for certain public workers. Legislation advanced in the House Ways and Means Committee would eliminate rules that reduce Social Security benefits to persons…
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Interest Rates Raised Again by Federal Reserve
The third straight month of supersized rate increase. On Wednesday, the Federal Reserve raised rates by three-quarters of a point and projected a more aggressive path ahead, suggesting…
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President Addresses UN General Assembly
He called for more support for Ukraine. In a speech before the United Nations General Assembly on Wednesday, President Joe Biden defined the conflict in Ukraine as a…
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